The Nabucco gas transport project, whose stakeholders and institutional backers are holding a high-level meeting in Budapest on January 26 and 27, faces a unique window of opportunity in a reshaped strategic context (see EDM, January 6, 22). The meeting is being held in the... MORE

On January 23 in Tashkent, Presidents Dmitry Medvedev of Russia and Islam Karimov of Uzbekistan firmed up bilateral agreements that strengthen Russia’s monopoly on Uzbek exports of natural gas. Their quid-pro-quo involves a steep increase in Gazprom’s purchase price for Uzbek gas in return for... MORE

On January 19 in Brussels, Turkish Prime Minister Recep Tayyip Erdogan threatened to “reconsider” his country’s participation in the Nabucco gas transit pipeline project unless the European Union promptly opened negotiations on the energy chapter in Turkey’s EU accession process (see EDM, January 20). The... MORE

While the Nabucco pipeline remains clearly the centerpiece of the Southern Corridor project, Nabucco alone—even in its second, full-capacity phase—would be far from sufficient to cover the rise in European demand for non-Russian gas in the next decade. A fully-developed Southern Corridor could achieve the... MORE

Hungary is hosting a high-level meeting of active and potential participants in the Nabucco gas transport project on January 26 and 27. Top officials of supplier, transit, and consumer countries; international financial institutions; the European Union; and the United States are expected to participate (MTI,... MORE

German Minister of Foreign Affairs Frank-Walter Steinmeier’s open letter to U.S. President Barack Obama (see article above) replaces the language of diplomacy with the rhetoric of the German Left. By reaching out to recuperate its constituency, the open letter marks the start of the Social-Democrat... MORE

German Minister of Foreign Affairs Frank-Walter Steinmeier has addressed a lengthy open letter to U.S. President Barack Obama on the eve of his inauguration. Published in Germany’s mass-circulation weekly Der Spiegel (January 12-18), Steinmeier’s letter is an unconventional diplomatic step and unprecedented in its pathos-filled style. Echoing... MORE

Gaining some form of control over Ukraine’s state-owned gas transit system has been a constant objective of Russian policy since the 1990s. That 30-year-old system’s worn-out condition, its mismanagement, and the insolvency of its operator Naftohaz Ukrainy are providing Gazprom with a wide opening to... MORE

Russia and some circles in Germany are reactivating the idea of a consortium to control Ukraine’s gas transit system. Moscow hopes to profit from the crisis atmosphere it has itself created since January 1 by stopping gas supplies to Europe via Ukraine. Blaming Ukraine in... MORE