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(By Alexander Mercouris ~ Russia Insider) ~ The Russians called the EU’s bluff by pulling out of the project instead of accepting the EU’s conditions and are cutting deals with China and Turkey instead.
The reaction to the cancellation of the Sound Stream project has been a wonder to behold and needs to be explained very carefully.
In order to understand what has happened it is first necessary to go back to the way Russian-European relations were developing in the 1990s.
… … … the Europeans did not envisage that Russia would just supply them with energy. … … … The EU calls this “energy security” – a euphemism for the extraction of energy in other countries by its own companies under its own control.
The reason the Russians decided they could cancel it is because they have decided Russia’s future is in selling its energy to China and Turkey and other states in Asia (more gas deals are pending with Korea and Japan and possibly also with Pakistan and India) than to Europe. … That is why in their characteristically direct way, rather than accept the Europeans’ conditions, the Russians pulled the plug on it… … … Under pressure from individuals like Senator John McCain, the Bulgarian leadership behaved like the provincial politicians they are, and tried to run at the same time with both the EU hare and the Russian hounds. The result of this imbecile policy is to offend Russia, Bulgaria’s historic ally, whilst ensuring that the Russian gas which might have flown to Bulgaria and transformed the country, will instead flow to Turkey, Bulgaria’s historic enemy… … …