
Latest Articles about Balkans

Romanian-Bulgarian Maritime Dispute Can Affect Exxon’s, South Stream, Nabucco Projects
On March 22 and 25, Romania’s Foreign Affairs Minister, Cristian Diaconescu, announced on television that a “legal dispute” (“litigium”) exists between Romania and Bulgaria over the delimitation of their maritime border, continental shelf, and exclusive economic zones in the Black Sea. The dispute affects, in... MORE

Clinton Discusses Energy Independence in Bulgaria
Bulgaria’s energy security and independence were the key topics discussed by US Secretary of State Hillary Clinton with the Bulgarian government during her short visit to Sofia on February 5. She urged the Bulgarian government to break dependence on Russia by diversifying its energy supplies.... MORE

Russian Oil Business Targeting EU’s Entrant Croatia
Croatia has become the newest member of the European Union, with a national referendum on January 22 capping the accession process. The government-controlled JANAF (Jadranski Naftovod – Adriatic Oil Transportation) enterprise, however, has marked the country’s EU accession in its own way. It has opened... MORE

Bulgarian Government Withdraws Chevron’s Shale Gas Permit
The Bulgarian Parliament has indefinitely suspended shale gas exploration and extraction in the country under public pressure from environmentalist groups. The moratorium will affect shale gas and oil exploration on the entire territory of Bulgaria and along its Black Sea shore (Bulgarian National Television, January... MORE

Bulgaria Terminates a Russian-led Energy Project, Discovers Natural Gas and Prospective Shale Gas Deposits
The Bulgarian government quit a Russian-led pipeline project after a thorough review of key Russian energy projects in the country. Bulgaria is heavily dependent on Russian energy supplies and suffered hardship when Moscow cut Europe-bounded gas supplies to Ukraine in January 2009. Sofia has been... MORE

A Scandal In Serbia?
On September 15, on the eve of the NATO EULEX mission’s takeover of the Kosovo customs’ points Brnjak and Jarinje, Russian Ambassador Aleksandr Konuzin created a diplomatic scandal in Serbia that has apparently since grown. Speaking at the Belgrade Security Forum, Konuzin lambasted the audience... MORE

LUKoil Under Pressure In Bulgaria
Russia’s energy interests in Bulgaria have been under scrutiny since the center-right government of Boyko Borissov took office in July 2009. At the beginning of his mandate, Borisov pledged to review all pending Russian energy contracts signed by the previous Socialist government. Two years later,... MORE

Croatian Government Reverses Move Against MOL, But Problems Persist
The Croatian government has reversed a move that would have jeopardized its goal to complete accession negotiations with the European Union this year. A government meeting on April 2 was set unilaterally to impose a 49 percent limit on shareholding in the INA oil and... MORE

Croatia Hesitates Between EU and Russia on Energy Policy
Croatia hopes to complete accession negotiations with the European Union during the course of this year. However, the government would put its own EU accession goals at risk if it were to re-orient its energy policy toward Russia, or away from EU competition policy. The... MORE

Russia Mothballs Trans-Balkan Oil Pipeline Project
On February 17, the stakeholders and supervisory board of the Russian-led Burgas-Alexandropolis oil pipeline project shelved the project in all but name. The host countries, Bulgaria and Greece, had (each for its own considerations) recently suspended payments to the project company. The meeting decided to... MORE