1 October 2007
New Europe pushes old pipeline idea
A LONG-DISCUSSED plan to import Caspian oil through the Black Sea and Ukraine to Poland received a boost last month when five former soviet states signed an agreement to develop the project. The plan would involve reversing the flow of the existing Odessa-Brody pipeline in Ukraine and extending it to Plock and Gdansk, in Poland. Poland and Lithuania, two signatories to a deal agreed at a summit in Vilnius last month, think the pipeline would help break their countries' dependence on Russian crude supplies. Analysts say it is an old idea with little future. For the Baltic States the political incentive to diversify oil imports has increased since Russia cut off piped shipments to the Latvian
Also in this section
16 April 2026
Demand for oil is falling because supply cannot meet it, not because it is no longer required
16 April 2026
The continent has an immediate opportunity to make the most of its energy resources by capturing gas that is currently slipping away
15 April 2026
The continent is seeing political pushback to climate plans, corporate reassessment of transition goals and rising supply risk in a fractured global order
15 April 2026
The Middle East energy crisis may turn out to be pivotal to the industry’s long-term expansion, but significant challenges still stand in its way






