The Oil Drum

Nothing like a contrarian viewpoint to start the day?

From the article:

Germany has a strategy to take good care of British energy security. But should Britons be concerned about placing too much reliance upon their former enemy?

Former Enemy? Personally I was born long after WWII, but surely that is a bit strong.

Germany is seeking to turn itself into the energy hub of Europe.

As if they have much choice, being at the center of Europe and all.

Understandably, certain Eastern European nations are vigorously opposing the construction of the Baltic pipeline. These nations correctly see it as a powerful tool for Germany to impose its will on a greater proportion of Europe, comparing it to the Molotov-Ribbentrop Non-Aggression Pact in which Hitler and Stalin divided up Poland, Finland, Estonia, Latvia and Lithuania between their empires before invading them during the early days of World War ii.

Ah. The good old days of Molotov and Ribbentrop, surely what we need now is another Churchill to put them in their proper places.

Is it so inconceivable that Germany, Russia’s old pre-World War ii collaborator, would ever seek to do the same?

Relying upon a nation that you fought a world war with just 60 short years ago to provide your nation’s power supply could be extremely dangerous—yet that is exactly what Britain seems set to do.

Yes, remember WWII - the germans are inherently evil...

What I would consider more dangerous is Britain's failure to sign long term contracts for supply and import capacity. Choosing instead to rely on the spot market where suppliers can dump their excess capacity after they have fulfilled their contractual obligations to others.
Of course, my understanding of the gas market is far from complete. You seem to know a lot more than me Energyman.

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