Prime Minister Bidzina Ivanishvili achieved an impregnable political standing and carried Georgian Dream on his coattails in the October 2012 parliamentary elections. He led many voters to believe that his multi-billion dollar wealth could translate into handouts on a comparable scale for the populace. But... MORE

Georgia’s presidential election campaign is moving toward a seemingly predetermined outcome. Prime Minister Bidzina Ivanishvili’s personal choice, Giorgi Margvelashvili, looks set to win the October 27 vote and replace the United National Movement’s (UNM) Mikheil Saakashvili as president. The governing Georgian Dream, the UNM parliamentary... MORE

Russia’s Ministry of Energy and Gazprom want the European Commission to exempt the biggest pipelines in Germany, OPAL and NEL, from the European Union’s energy market legislation. OPAL and NEL are Gazprom’s joint ventures with Wintershall in Germany. The EU’s Third Legislative Package requires vertically... MORE

Visiting the Republic of Moldova on July 17, Romanian President Traian Basescu announced the imminent start of the construction of a natural gas pipeline to connect Romania with Moldova. The work is planned to start on August 27 (Moldpres, July 17, 18). Its modest size notwithstanding, this... MORE

Gas marketing options of the Trans-Adriatic Pipeline (TAP) project consortium may look either flexible or vague at this point. Azerbaijan’s State Oil Company (SOCAR) seems the only reassuring exception in this regard among the Shah Deniz gas producers. SOCAR had indicated all along that gas... MORE

The gas producers’ consortium at Shah Deniz in Azerbaijan has selected the Greece-Italy route, known as the Trans-Adriatic Pipeline (TAP) project, for transportation of that field’s production to European markets. The selection of TAP has eliminated the Nabucco-West project, ending a four-year contest between the... MORE

Addressing Gazprom’s annual general meeting of shareholders, CEO Alexei Miller warned that Gazprom would “never again, under any circumstances” use Ukraine’s gas storage system in the process of delivering Russian gas to Europe via Ukraine (Kommersant-Ukraina, July 4; Nezavisimaya Gazeta, July 10; see EDM, July... MORE

Ukraine has recently initiated procurement of natural gas from European suppliers. These volumes are small but growing, correspondingly eroding Gazprom’s market share in Ukraine.The German Rheinisch-Westfaelisches Elektrizitaetswerk (RWE) is providing the volumes through its subsidiary, RWE Supply & Trading. Some of these gas volumes are... MORE

Ukraine stands on the threshold of finalizing the Association Agreement with the European Union, possibly signing it at the Vilnius summit in November. If signed, the agreement would open the way for European comprehensive support to the modernization of Ukraine’s gas transit system, which carries... MORE

On July 1, in Astana, President Nursultan Nazarbayev and the visiting British Prime Minister David Cameron signed a joint declaration on strategic partnership between Britain and Kazakhstan. A large business delegation accompanied Cameron. He became the first serving British prime minister to visit Kazakhstan, although... MORE