Latest Articles about Central Europe

Gazprom-Austrian OMV Agreement: A Political Blow To Nabucco

After selling a large block of shares in Hungarian MOL to the Kremlin-connected Surgutneftegaz, Austrian OMV CEO Wolfgang Ruttenstorfer’s final gift to European energy security is an agreement with Gazprom that interferes with the EU-backed Nabucco project. On February 21 in Moscow, Gazprom CEO Aleksei... MORE

Russia Targeting Oil Assets in Poland and Lithuania

On October 30, Poland announced its intention to privatize the state-owned majority stake in the country’s second-largest oil industry concern, Lotos Group. The Polish government is inviting interested parties to pre-tender talks on the Lotos Group. The government has already talked with the Russian government... MORE

Polish Government Defends Nontransparent Gas Agreement with Russia

The Russian-Polish gas agreements (“Russian-Polish Gas Agreement Leaves Key Questions Unanswered,” EDM, November 2) mark an unprecedented turnabout by the Polish government, siding with Russia and Gazprom despite the European Commission’s cautionary advice (EDM, October 4, 5). The Commission’s concerns are of a legal and... MORE

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