Latest Articles about Balkans

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

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

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