Financial Times FT.com

‘Moment of truth’ on gas pipeline

By Joshua Chaffin in Brussels

Published: March 19 2009 19:43 | Last updated: March 19 2009 19:43

Europe’s commitment to a strategic gas pipeline that would bypass Russia was hanging in the balance on Thursday night as member states made a final push to agree a €5bn energy infrastructure proposal that has proved unusually divisive.

The torturous negotiations over a relatively small set of projects intended to improve energy security and stimulate the economy have become a test of the European Union’s credibility and its ability to respond to larger challenges, according to several diplomats.

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