Latest Articles about Balkans
Gazprom Negotiates with Romania to Pressure Bulgaria on South Stream
On October 13 in Bucharest, Gazprom CEO Aleksei Miller held talks with Prime Minister Emil Boc, Economics Minister Ion Ariton, and other officials, on Romania’s possible participation in Gazprom projects. Adriean Videanu, economics minister until six weeks ago and (unusually in Romania) an active proponent... MORE
Socialism Struggles to Survive in Croatia’s Gas Sector
Croatia expects to join the European Union as a full member by 2012 or 2013, but has yet to adapt its energy market to EU norms, particularly in the gas sector. That sector continues to be handicapped in Croatia by elements from a socialist legacy.... MORE
Black Sea LNG Project: A Spoke in Nabucco’s Wheels?
On September 14 in Baku, the heads of state endorsed the Azerbaijan-Georgia-Romania Interconnector (AGRI), a project to import natural gas from Azerbaijan to Romania and onward to Hungary. The project involves the liquefaction of gas for shipment by tankers across the Black Sea from Georgia... MORE
Black Sea LNG Project Draws on Gas from Azerbaijan
During a meeting on September 13-14 in Baku, Presidents Ilham Aliyev of Azerbaijan, Mikheil Saakashvili of Georgia, and Traian Basescu of Romania, as well as Prime Minister Viktor Orban of Hungary, announced the launching of a liquefied natural gas (LNG) project. Designated as the Azerbaijan-Georgia-Romania... MORE
Massive Funding In Prospect For Nabucco Pipeline Construction
On September 7 in Brussels, three leading international financial institutions launched the process of funding the Nabucco gas pipeline project, potentially to a multi-billion Euro level. The European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), and the World Bank’s International Finance... MORE
Gazprom’s Anti-Nabucco Campaign Misses German Targets
Gazprom’s proposal for German RWE to join Gazprom’s South Stream project, has fallen flat at both the corporate and the political levels in Germany. The proposal clearly aimed to disrupt the European Union-backed Nabucco project, where RWE is a key stakeholder, developing offshore gas in... MORE
Gazprom Enlists More Western Allies in South Stream
On June 19, at the St. Petersburg Economic Forum, Gazprom announced the appointment of Marcel Kramer as chairman of the board and CEO of South Stream AG, the company designated to build and operate the pipeline in the Black Sea (the overland sections are separate... MORE
Gazprom Again Reconfigures the South Stream Project
Bulgaria’s suspension of the South Stream project on its territory is forcing Gazprom to reconfigure South Stream’s overall geography, with uncertain options and prospects (EDM, June 14, 18, 22). Gazprom is also reconfiguring the project’s technical and economic features. Moscow is enlisting influential allies in... MORE
Gazprom Play Map Games in the Balkans With South Stream
Romania’s economy ministry announced on June 16 that it had persuaded Gazprom to include Romania, instead of Bulgaria, in South Stream and other gas projects on Romanian territory. The Romanian ministry sounded self-congratulatory about replacing Bulgaria, following Sofia’s suspension of South Stream and other Russian... MORE
Gazprom Seduces Romania With South Stream
On June 16 in Moscow, Gazprom CEO, Aleksei Miller, and Romanian Economy Minister, Adriean Videanu, agreed on steps to bring Romania, instead of Bulgaria, into the South Stream project; and bring Gazprom into Romania’s energy sector.Miller and Videanu agreed on the following steps (Interfax, June... MORE