From September 7 to September 10, Chinese Vice Premier Wang Qishan led a delegation of senior government officials and business leaders to hold the Fourth UK-China Economic and Financial Dialogue. This trip is just one of the many high profile visits Chinese central leadership have... MORE

Events are moving rapidly in Belarus. The president is making more and more concessions in an effort to restore relations with the West, evidently in the hope that assistance and loans will then be forthcoming for his beleaguered regime.In late August, Bulgarian Foreign Minister Nikolai... MORE

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

Russia and Belarus will stage a joint military exercise, Union Shield 2011, on September 16 to September 22 with low-key participation by Ukraine. On August 22, Army-General Nikolai Makarov, the Chief of the Russian General Staff took the unusual step of stressing that the exercise... MORE

The EU is sending contradictory signals toward its Eastern Neighborhood, which indicates it has not learnt its lessons from dealing with Belarus. The EU continues to talk tough about not dealing with Minsk, because of its political prisoners, while refusing to use this same term... MORE

The French company, Total, and Azerbaijan’s State Oil Company (SOCAR) have announced a major gas discovery at the offshore Absheron field. According to Total, the first results from the exploration well, Absheron X-2, confirm a potential of “several trillion” cubic feet of gas (35.3 cubic... MORE

As winter approaches, the Ukraine-Russia gas price talks have been deadlocked, increasing the likelihood of a repetition of the “gas wars” of 2006 and 2009. Ukrainian officials pledged to avoid this but the situation is serious, with both sides firmly standing their ground. Ukraine repeatedly... MORE

Since December 2010, the Belarusian leadership has abandoned any pretences of support for a democratic society, pursuing its internal enemies with unprecedented determination. At the same time, under pressure as a result of some internal unrest and economic difficulties, it has tried to exploit the... MORE

Nabucco, the strategic project for transportation of Caspian gas to Europe, seems threatened by the non-strategic pipeline projects, ITGI (Interconnector Turkey-Greece-Italy) and TAP (Trans-Adriatic Pipeline). These are less advanced, compared with Nabucco, but are also less ambitious in scope, and consequently easier to source with... MORE

The ITGI (Interconnector Turkey-Greece-Italy) and TAP (Trans-Adriatic Pipeline), with planned capacities at 10 billion cubic meters (bcm) annually for each, require no further sourcing beyond Azerbaijan’s Shah Deniz field, Phase Two. Both ITGI and TAP are headed for southeastern Italy. The Nabucco project, however, is... MORE