Latest Articles about Europe

Nord Stream in the Russo-German Special Relationship

A former Stasi (East German secret police) officer and current Nord Stream general manager Matthias Warnig traveled around the world this week to promote that Russo-German gas transport project on the Baltic seabed. Warnig now also serves as an "independent member" of the board of... MORE

No Gas Sources Foreseen for Gazprom’s South Stream

Gazprom vice-president Aleksandr Medvedev's extensive briefing on the South Stream transport project for potential investors (see article above) left the matter of sourcing it with gas entirely obscure. This omission could not come as a surprise, given Russia's gas production shortfall now setting for several... MORE

Gazprom Reveals Unaffordable Costs of South Stream Project

On February 6 in Moscow, Gazprom vice-president Aleksandr Medvedev gave a detailed presentation for potential investors regarding the South Stream gas transport project as well as the outlook on gas extraction. The presentation revealed huge increases in South Stream's cost projections, coupled with stagnant gas... MORE

Tymoshenko Defeats Yanukovych in Parliament

Ukrainian Prime Minister Yulia Tymoshenko survived a no-confidence motion in parliament on February 5. The motion was backed by 203 votes, 23 short of the number required in the 450-seat chamber to oust the government. This was another victory of this kind for Tymoshenko, who... MORE

Will Lukashenka Be Welcomed in Prague?

Since last October, the European Union, through an Eastern Partnership Program originally initiated last summer by Poland and Sweden, has taken several steps to normalize relations with Belarus. For some members of the opposition, the maneuvers appear to abandon the EU's former insistence on democratization... MORE

The Russian-Central European Gas Conflict Continues

While the Ukrainian-Russian gas conflict appears to have been resolved, its fallout is still reverberating throughout Central Europe. In Poland, RosUkrEnergo (RUE), the Swiss based middleman that was dropped from the Ukrainian-Russian-Central Asian gas trade on January 20, has failed to meet its contractual obligations... MORE

Who Owns the Gas in Ukraine’s Underground Reservoirs?

The gas dispute that left half of Europe without gas in early January was officially settled by accords signed by Gazprom and Naftohaz Ukrainy in Moscow on January 19 and 20. The clash, however, is apparently not over. Ukrainian businessman Dmytro Firtash, who owns the... MORE

Chancellor Merkel’s Letter Perturbs EU’s Energy Debate

German Chancellor Angela Merkel has reacted negatively to the high-level meeting in Budapest, which improved the prospects for European Union funding of the Nabucco gas transport project (see EDM, January 29, 30). Merkel has taken a contrary position in a confidential letter to EU Commission... MORE