Monday, 26 May 2014

«South Stream still strategic», said Italy

Minister for Economic development Federica Guidi doesn't see any policy change toward Russia after crisis in Ukraine

Federica Guidi
by Emanuele Bonini

Ukrainian crisis doesn't affect ties between Italy and Russia, and so has to be for those between Moscow and French and German capital cities. This is the hidden messagge in Federica Guidi's declarations. Speaking at the end of Competitivness council in Brussels Italian minister for Economic development reiterated the importance for South Stream pipeline, involving energy enterprises Eni (Italy), Wintershall (Germany), EdF (France) e Gazprom (Russia). Despite Russian federation announced China will be the major partner and customer, «I continue to consider the infrastructure as strategic», Guidi told reporters. Both Italy and Europe «need energy security and energy diversification, and that means there's not only South Stream». Of course, she added, the pipeline «belong to a package that the European Union should get quickly».
  The South Stream pipiline project has been thought in order to transport Russian gas to Europe via Black sea passing through Bulgaria and – thanks to connections – Serbia, Hungary, Slovenia, Greece and Italy. Guidi's statement made clear how Europe is divided over economic and financial sanctions against Russia (the so called “third phase” or “phase three”) due to the huge economic interests in and with Russia.

No comments:

Post a Comment