Latest Articles about Europe

Odessa-Brody Pipeline Operating On Azerbaijani Oil

Oil delivered by Azerbaijan’s State Oil Company (SOCAR) is moving through Ukraine’s Odessa-Brody pipeline at the moment, a portion of it heading for Belarus (BELTA, March 24). SOCAR expects to deliver oil to Poland also through the Odessa-Brody pipeline. The line runs from the Pivdenny... MORE

Clan Putin Redistributing Stakes In New Yamal Project

With Prime Minister Vladimir Putin’s protection, the Novatek Company seems set to acquire full ownership (or at least the stock options for full ownership) in Yamal LNG, Putin’s new pet project. The Russian government and Novatek are now inviting Western companies to develop that gas... MORE

Putin Persists With LNG-Zing the South Stream Project

On March 21, at his Novo Ogaryovo residence, Russian Prime Minister Vladimir Putin witnessed the signing of a memorandum of understanding (MOU) to negotiate German Wintershall’s accession to Gazprom’s South Stream project. Wintershall, a gas producer and trader, is the fully owned gas subsidiary of... MORE

Moscow Backs Surgut’s Push in Hungary

Co-chairing a session of the Russian-Hungarian Intergovernmental Economic Cooperation Commission in Moscow, Deputy Prime Minister Viktor Zubkov asked Hungary to eliminate “subjective” obstacles to Russian investments there (MTI, March 21). In the vocabulary of many Russian officials, “subjective” is Soviet-speak for unjustified or illegitimate, as... MORE

Nabucco Project Adds Options For Gas Producers And Consumers

The Nabucco pipeline consortium is planning an expanded version of this project, within the framework of the EU-backed Southern Gas Corridor to Europe. The added elements include, as distinct possibilities: linking up with Turkmenistan through a trans-Caspian pipeline, to connect with Nabucco via Azerbaijan; inviting... MORE

Ukraine Sells Fixed-Line Operator to Austrian Investment Company

On March 11, the government privatization agency State Property Fund (SPF) signed documents selling 92.8 percent of the fixed-line operator Ukrtelecom shares to ESU, the Ukrainian daughter of the Austrian company EPIC (European Privatization and Investment Corporation). This is the biggest privatization deal since 2005,... MORE