Senior Russian officials have made clear that the country’s energy policies will continue to evolve around the nexus of ambitious export plans. The government pledged to make the country’s gas exports more flexible. Russia’s total gas exports will include 10 percent of liquefied natural gas... MORE

As the United States ends the combat phase of its occupation of Iraq and begins an “advisory phase” known as Operation New Dawn, there are fears that a resurgent Islamic State of Iraq (ISI – closely tied to al-Qaeda in Iraq) may target Iraq’s oil... MORE

The Ukrainian government is stepping up its own efforts to discourage Gazprom’s South Stream project. Overestimating Russia’s capacity to implement it, Kyiv fears that Moscow would shift the gas transit to Europe into South Stream, bypassing Ukraine via the Black Sea, and devaluing Ukraine’s own... MORE

Turkmen President, Gurbanguly Berdimuhamedov’s, September 16 statement, explicitly linking the Turkmen East-West gas pipeline with the European Union-backed Nabucco project (EDM, September 17), is not only a boost for Nabucco, but also a blow to Gazprom’s rival project South Stream. As Moscow analysts recognize, Berdimuhamedov’s... MORE

Russian authorities have voiced their support for the country’s state-run energy giants in their possible bids to take over BP’s holdings in Russia. The maneuverings came as yet another sign of the government’s drive towards strengthening the state’s grip on domestic energy assets. Earlier this... MORE

On September 14 in Baku, the heads of state endorsed the Azerbaijan-Georgia-Romania Interconnector (AGRI), a project to import natural gas from Azerbaijan to Romania and onward to Hungary. The project involves the liquefaction of gas for shipment by tankers across the Black Sea from Georgia... MORE

On September 15 in Murmansk, the Russian and Norwegian foreign affairs ministers, Sergei Lavrov and Jonas Gahr Store, signed a bilateral treaty on delimitation of maritime jurisdictions and cooperation in the Barents Sea and the Arctic Ocean. Russian President Dmitry Medvedev and Prime Minister Jens... MORE

Fundamental differences have emerged in talks on a joint venture between Russia’s Gazprom and the Naftohaz Ukrainy national oil and gas company. Not only do Kyiv and Moscow differ on which assets the joint venture should be based on and on the gas price issue,... MORE

During a meeting on September 13-14 in Baku, Presidents Ilham Aliyev of Azerbaijan, Mikheil Saakashvili of Georgia, and Traian Basescu of Romania, as well as Prime Minister Viktor Orban of Hungary, announced the launching of a liquefied natural gas (LNG) project. Designated as the Azerbaijan-Georgia-Romania... MORE

On September 7 in Brussels, three leading international financial institutions launched the process of funding the Nabucco gas pipeline project, potentially to a multi-billion Euro level. The European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), and the World Bank’s International Finance... MORE