Latest Articles about Central Europe

Russian-Polish Gas Agreement Leaves Key Questions Unanswered

On October 29 in Warsaw, the Polish government and state gas company signed long-term supply and transit agreements with Russia, despite strong cautionary advice and warnings of legal action by the European Commission (EDM, October 4, 5). The agreements prolong and entrench Polish dependence on... MORE

Another Chance for the Odessa-Brody Pipeline

Using the Odessa-Brody oil pipeline as originally intended, south-north, is under active consideration again; this time, by the governments of Ukraine and Belarus. The pipeline is being used since 2004 in reverse, north-south, by Russian oil companies, for exports out of Odessa. Such reverse-use blocks... MORE

Gazprom Sees Window of Opportunity to Keep Poland Dependent

Moscow is exploiting a number of Polish vulnerabilities of both the objective and the subjective variety, all short-term, in the negotiations on a new supply agreement. The proposed draft would perpetuate those vulnerabilities, and cause Polish long-term dependence on Gazprom. For the time being, Poland... MORE

European Union Assists Poland to Rectify Agreement With Gazprom

Poland consumes some 14.5 billion cubic meters (bcm) of gas annually (unaffected by the economic recession elsewhere). The country produces some 4.3 bcm per year internally while importing the remainder from Gazprom (Bloomberg, September 18). Most of Gazprom’s deliveries enter Poland through the Yamal-Europe pipeline,... MORE

Warsaw Wavers Between Brussels and Gazprom

Moscow has apparently chosen Poland as a ground for testing the European Union’s common energy policy. In ongoing negotiations for a new supply agreement, Gazprom seeks to pressure Poland to circumvent or breach the EU’s legislation on energy market liberalization (Third Energy Package, 2009). Russia... 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

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