By Mike Whitney " Counter Punch " -- On Thursday, Ukraine’s parliament passed a law that will allow foreign investors to lease up to 49 percent of Ukraine’s transit pipelines and underground gas storage facilities. The bill, which had failed to pass just weeks earlier, was approved by the slimmest of margins, 2 votes, suggesting that there might have been some arm twisting or bribery behind the scenes. The new law is a victory for the Obama administration and western elites who want to control the flow of gas from Russia to the EU, set prices, and make sure that transactions continue to be denominated in dollars. Here’s a little more background from an article in Reuters: “Ukraine’s parliament approved a law on Thursday to allow gas transit facilities to be leased on a joint venture basis with participation from firms in the European Union or United States….The government has said the joint venture will bring in investment and remove the need for the South Stream pipeline, wh...
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