Latest Articles about Europe
La France D’Abord: Paris First to Capitalize on Russian Military Modernization
French President Nicolas Sarkozy has approved the sale of one Mistral-class warship to Russia; and France is now considering Moscow’s request for three more of that class of helicopter-carrier and amphibious-assault ship.The Russian Navy’s First Deputy Chief of Staff, Vice-Admiral Oleg Burtsev, broke the news... MORE
Shtokman Gas Project Postponed: Implications for Russia, Europe and the US
On February 5, the Gazprom-led Shtokman Development Company and operator of the supergiant gas project in the Russian Arctic, announced that investment decisions and field development are being postponed. The investment decision for field work is being rescheduled, from the end of 2010 to late... MORE
Yanukovych Faces Uphill Struggle for Control of Ukraine, Despite Victory in Presidential Election
As expected, opposition leader Viktor Yanukovych has won the February 7 presidential election runoff. Unlike in 2004, when Yanukovych lost a controversial poll to Viktor Yushchenko and his supporters were accused of large-scale election fraud, this time international observers said the election was free and... MORE
Can Nabucco be Married Off to Gazprom?
Unexpectedly, the US State Department’s Special Envoy for Eurasian energy affairs, Richard Morningstar, seems to embrace the idea of allowing Gazprom to become a user of the Nabucco pipeline. Speaking in Washington at the Center for American Progress (a think-tank associated with left-leaning constituencies in... MORE
Nabucco Gas Project Retains Political and Business Momentum
On February 3, the Bulgarian parliament ratified the inter-governmental agreement on the Nabucco gas transport project, as signed in July 2009 by the five stakeholder countries (the German company RWE being the sixth stakeholder) (BTA, February 3). The Bulgarian ratification vote was unanimous, implicitly confirming... MORE
Belarusian Opposition Prepares for Local and Presidential Elections
On January 28, Ales Mikhalevich, the former Deputy Chairman of the Belarusian Popular Front, announced that he will run for the Belarusian presidency in the election anticipated next year (Belapan, January 28). He is the second oppositionist anticipated to participate, as Alyaksandr Milinkevich, the leader... MORE
Au Pays des Lumieres: Gazprom’s Partner Eutelsat Disconnects Georgian TV Channel
On February 1, the Paris-based Eutelsat, Europe’s number one satellite television operator, disconnected Georgian Public Broadcaster’s First Caucasus TV Channel from its satellite, after a one-week successful transmission test. Eutelsat also declared that it was backing out of its own contract offer to the Georgian... MORE
Hungary Signs South Stream Project Agreement
On January 31 in Budapest, Russian and Hungarian officials signed the project agreement for the construction of Gazprom’s South Stream pipeline on Hungarian territory. Hungary’s privately-owned MOL Company, a member of the Nabucco consortium, is not a party to the South Stream agreement. Hungary participates... MORE
Russia Backs Yanukovych in Ukraine’s 2010 Elections
Russian media coverage of the 2010 Ukrainian elections from the outset portrayed it as a two-horse race between Viktor Yanukovych and Yulia Tymoshenko. In the first phase of the election campaign (October-November 2009), the Russian media did not express a preference, but since the first... MORE
Belarus Accepts Drastic Reduction in Oil Subsidy From Russia
On January 27 in Moscow, Belarus accepted a drastic reduction in its traditional oil subsidy from Russia. The Russian government imposed this outcome through halting oil supplies to Belarus by pipeline almost completely since mid-January. The supply flow should now be restored, but at a... MORE