The Russia-Ukraine war has presented the most serious threat to European energy security since the end of the Cold War. Almost half of the Russian natural gas delivered to European markets in 2013 crossed Ukraine—82.3 billion cubic meters (bcm) out of 167.5 bcm in total... MORE

One of the consequences of the Kremlin’s adventurism in Ukraine appears to have been an invigoration of European Far Right parties that sense an opportunity to orient themselves toward Moscow and achieve a champion on the world stage. A spate of recent and upcoming conferences... MORE

For most of the last half-millennium, the lands between Moscow and Berlin have thought of themselves and been thought about by others almost exclusively in terms of an east-west axis, as a battleground between the Russian state and European countries. But before that, they were... MORE

On February 5, Gazprom refloated the option of expanding the Nord Stream pipeline by adding a third and possibly a fourth line to the existing two. A third and a fourth line would reach beyond the Baltic Sea to countries on the North Sea. Gazprom... MORE

Hungary’s Fidesz-led government under Viktor Orban, conservative and Europe-oriented in a traditionalist sense, and strongly anti-communist ever since Fidesz’s formative years, has turned toward Russia for solutions to some of Hungary’s main economic problems, especially in the energy sector. This government seems convinced, for example,... MORE

On February 6, Hungary’s parliament approved the Russian-Hungarian agreement for cooperation on nuclear energy. Under the agreement, Rosatom shall build two nuclear power blocs in Hungary, financed by Russian state credit. Hungary’s conservative government, led by the Fidesz party and enjoying a parliamentary supermajority (slightly... MORE

Gazelle, the new gas transit pipeline in the Czech Republic, completed in 2013, is conceived to function as a prolongation of the Gazprom-controlled Nord Stream and OPAL pipelines into continental Europe; albeit free of Gazprom’s control on the Czech Republic’s territory.The Gazelle pipeline is dedicated... MORE

According to Russia’s state-owned PRIME business news agency, European Union Energy Commissioner Guenther Oettinger has told journalists that the European Commission is set to reach an agreement with the Russian government on Gazprom’s access to the OPAL pipeline in Germany (PRIME, January 27). Russian President... MORE

The year 2013 was particularly important for energy security in the Balkans, as it brought the news that Caspian natural gas is closer than ever to reaching a region that has been heavily dependent on Russian sources. At the same time, the Russian-led South Stream... MORE

Hungarian MOL and Wintershall of Germany have signed an agreement whereby MOL acquires ownership stakes in 14 offshore oil fields originally licensed to Wintershall in the North Sea. Signed in Budapest on December 13, the agreement is expected to be closed in early 2014 pending... MORE