Latest Eurasia Daily Monitor Articles

Hungarian MOL Goes Upstream in Kazakhstani Projects

On July 19, Hungarian-based MOL entered into a partnership with Kazmunaigaz E&P (Exploration & Production, the upstream subsidiary of the national company Kazmunaigaz) to develop the North Karpovsky oil and gas block in Kazakhstan. Kazmunaigaz E&P’s CEO, Alik Aidarbayev, commented that MOL was selected for... MORE

Turkmenistan’s Gas Export Potential: New Implications for Europe

BP’s latest annual Statistical Review of World Energy has revealed Turkmenistan’s proven gas reserves as even bigger than previously assessed (see accompanying article). From Ashgabat’s perspective, European gas markets must look more lucrative and reliable compared with Turkmenistan’s existing export markets in China, Russia, and... MORE

BP’s Appraisal Doubles the Proven Reserves of Turkmenistani Gas

On July 17, British Petroleum (BP) presented the 2012 edition of its annual publication, “Statistical Review of World Energy,” in Ashgabat (Trend, Interfax, July 17). Released each year in June, and dubbed a “bible” in the energy business, BP’s Statistical Review covers reserves, production and... MORE

General Makarov Makes Incendiary Remarks in Finland

Speaking in Helsinki on June 5, Russia’s Chief of the General Staff General Nikolai Makarov made several incendiary remarks about Finland. Since such speeches are only made with official guidance, these outbursts must be assumed to reflect official Russian policy. Makarov warned Finland against cooperating... MORE