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Aug 21, 2008 

Energy security in Europe | Dependent territory

Economist.com

"Energy security in Europe
Dependent territory

Aug 21st 2008
From The Economist print edition
The war in Georgia puts energy security back on Europe’s agenda

OFFICIALLY, the European Union is no more worried about the closure of two oil pipelines running through Georgia than are the world’s oil traders, who have so far shrugged off the news. After all, less than 3% of Europe’s oil imports come from Azerbaijan via Georgia, according to the European Commission, and none of its gas. The commission plans to do no more than “monitor the situation closely”."

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