Pipeliners

14 May 2007 - By Upstream staff - US Energy Secretary Sam Bodman has hit out at an agreement to build a new Caspian pipeline to carry Central Asian gas via Russia, claiming it would not be good for Europe. On Saturday, Russia, Kazakhstan and Turkmenistan agreed to build the natural gas pipeline around the Caspian Sea, a move that bolsters Russia's dominance over the region's gas exports. "That would not be good for Europe," Reuters quoted Bodman as saying. "It would fly in the face of what is needed, which is the diversity of suppliers," he said adding that Europeans should adjust their response accordingly.