Finally the truth comes out, it never made sense, except as a way to get EU construction funds and fat commissions for Spanish politicians funds. Why would ‘Europe’ import gas to Spain and then pump it to France when they can get it cheaper through many underused local facilities? How would ‘Europe’ get cheap Algerian gas by pipelines which only have the capacity for half the Iberian market? We’ve been saying this for years, but now a report commissioned by the EU has said it… Does this mean the second half of Midcat will never be built?
Why destroy the country for a Pipeline which ‘will never carry gas’?
Exclusive: Viability of French-Spain gas pipeline questioned – report
The Commission has long backed the 3 billion euro ($3.7 billion) Midi-Catalonia (Midcat) pipeline that would more than double the amount of gas that can be piped across the Pyrenees mountains that border the two nations. Continue reading “The Midcat gas pipeline is a 3000 million euro FRAUD says EU Report!”