Latest articles from Vladimir Socor

Georgia’s Parliamentary Elections: A Referendum on Reforms

Echoing Ronald Reagan’s 1980 election campaign theme, Georgia’s governing United National Movement (UNM) tells voters to “ask  [themselves] a very simple question:  Is Georgia now a better country than it was eight years ago? And if the answer is positive and if we want to... MORE

Moscow Can Use West-European Partners in South Stream Project

South Stream, the Russian-led project company, considers moving its legal address and changing its registration from Switzerland to the Netherlands. The reasons behind this internal debate are not being disclosed as yet. Reportedly, Italian ENI favors this proposal. Earlier this year, ENI registered a company,... MORE

Croatia Can Call Gazprom’s Bluff on South Stream

Moscow is “pressuring” Croatia to join Gazprom’s South Stream project urgently, before Croatia’s accession to the European Union takes legal effect in 2013. An internal analysis, prepared by Croatian government officials for senior decision-makers and leaked to the press, warns that yielding to Gazprom’s demands... MORE

Kazakhstan Expands Gas Transit Pipeline Capacities and Own Exports to China

The longest section of the Turkmenistan-Uzbekistan-Kazakhstan-China transit pipeline passes through Kazakhstan’s territory: it measures 1,115 kilometers in length, of the total 1,830-kilometer Turkmenistan-China distance. Kazakhstan is adding a dedicated export pipeline for its own gas exports to China. In combination, these developments (alongside planned oil... MORE

Gazprom’s Shtokman Project: Relic of a Past Era

On August 7, Norway’s Statoil announced its exit from the super-giant Shtokman gas field development in the Russian Arctic. The Norwegian company, majority state-owned, is writing off its investment into the Shtokman project, booking $335 million (apparently most of that investment) as financial expenses for... MORE

Kazakhstan’s National Oil Company to Consolidate Bridgehead in Europe

Kazakhstan’s national oil and gas holding, Kazmunaigaz, has started its first-ever oil exploration drilling outside that country. Rompetrol Upstream, a division of Rompetrol Group, is drilling the Kaz-1 exploration well near Focsani in eastern Romania. The Rompetrol Group is a fully-owned subsidiary of Kazmunaigaz Processing... MORE

Nabucco-West Selected for Caspian Gas Delivery to Central Europe

On June 28, the Shah Deniz gas producers’ consortium in Azerbaijan announced that it has selected the Nabucco-West pipeline project to be the route for Caspian gas into Central Europe. This decision is an immediate consequence of the Azerbaijan-Turkey inter-governmental agreement, signed on June 26,... MORE