On July 30 in Berlin, Gazprom’s Vice-President, Aleksandr Medvedev, deprecated the EU-backed Nabucco project and claimed that Russia would imminently proceed with the rival South Stream. “There is complete certainty about South Stream. We have enough gas to supply 63 billion cubic meters (bcm) every... MORE

Japan, the world’s third largest producer of nuclear energy after the US and France, plans to launch a feasibility study this month to explore the possibility of importing uranium from Kazakhstan through Russia’s Far East. Sumimoto Corporation, a Japanese nuclear energy company, claims the move... MORE

The United States and the European Union have imposed on July 1 and July 26, respectively, a new round of sanctions of unprecedented severity, presuming to hinder Iran’s uranium-enrichment program. Other parties, however, are wasting no time opening loopholes in these sanctions’ main dimension, pertaining... MORE

Iranian Petroleum Minister, Masoud Mirkazemi, visited Turkey last week to discuss Turkish-Iranian energy cooperation. The Iranian oil ministry announced that during the visit, a deal was concluded with a Turkish private energy company, worth $1.3 billion to build a pipeline from Iran to Turkey. The... MORE

Moscow has reiterated plans to improve its energy efficiency by pledging huge investments aimed at developing its power supply networks. However, the economic viability of Russia’s proposed capital-intensive solutions apparently remain far from certain. The country’s energy efficiency challenges have recently become a matter of... MORE

Starting in the late 1990s, China's presence on the African continent experienced a phenomenal expansion. Far more profound changes, however, have been underway and may only become apparent in the next decade.  These changes are likely to transform the regional economic landscape of the African... MORE

To hinder Iran’s uranium-enrichment program, the US has introduced sanctions that bar deliveries of gasoline and other refined oil products to Iran. The European Union is following the US lead in this case. Russia’s initial response is calculated to suggest that it does not consider... MORE

On July 14 in Moscow, Russian Energy Minister, Sergei Shmatko, and Iran’s Oil Minister, Masoud Mirkazemi, announced ambitious plans for bilateral cooperation, short-term and long-term. If implemented, these would circumvent two sets of sanctions imposed (outside the UN Security Council) by the United States and... MORE

What made the annual Russian-German summit, held in Yekaterinburg last week, an event loaded with “innovative” symbolism, was President, Dmitry Medvedev’s, attempt to set Russia’s foreign policy on a new Western-friendly course. He formulated a rather untraditional set of goals at the meeting with top... MORE

Amid the ongoing instability in southern Kyrgyzstan, and the possibility of renewed violence as the October 10 parliamentary elections approach, the country’s hydro-energy sector shows signs of gradual recovery. The interim government might be able to supply electricity throughout the upcoming cold season and avoid... MORE