Latest Articles about Energy
Turkey Signals a Shift on French Participation in Nabucco
The Turkish parliament ratified the Nabucco inter-governmental agreement (IGA) on March 4, which was signed in July 2009 at a highly-publicized ceremony in Ankara (EDM, July 14, 2009). Consequently, all IGA signatories have concluded the ratification process. The Nabucco consortium welcomed this development, claiming that... MORE
Will Belarus Build its Nuclear Plant?
Over the past three years, there have been numerous discussions about the future Belarusian nuclear power station. Various sites have been studied and canvassed and in December 2008, President Alyaksandr Lukashenka announced that the station would be located in the Astravets district of Hrodna region,... MORE
Medvedev Discards the Ambition of “Energy Super-Power”
Upon his return from the trip to Paris last week, President Dmitry Medvedev held a meeting with Deputy Prime Minister, Igor Sechin, who is supervising the energy sector, and expressed satisfaction about world oil prices that are expected to stay above $80 per barrel (Rossiyskaya... MORE
Russia and Croatia Resurrect Druzhba-Adria Oil Transport Scheme
Prime Minister Vladimir Putin of Russia and Jadranka Kosor of Croatia discussed the oil transportation scheme known as Druzhba-Adria integration during Kosor’s recent visit to Moscow. The trip marked Croatia’s accession to Gazprom’s South Stream project and opened the way for Russian energy companies’ expansion... MORE
Will China Join the Iran-Pakistan-India Pipeline?
For over a decade Iran, Pakistan and India (IPI) have took pains at negotiating a major pipeline deal whereby Iran would send natural gas from its territory to the region. Yet geopolitical and commercial issues have repeatedly prevented the deal's fruition despite Tehran's growing need... MORE
Croatia Joins Gazprom’s South Stream Project
On March 2, in Moscow, Prime Ministers Vladimir Putin of Russia and Jadranka Kosor of Croatia opened the way for Russian state companies’ expansion into that country and to the Adriatic coast. The Moscow talks covered oil, natural gas, and shipbuilding. Croatia’s energy sector was... MORE
Russia’s Energy Development Drive Slows Down
Against the background of difficult international energy market conditions Russian companies have become less interested in finding new oil and gas fields and developing existing deposits. Notably, the country’s gas monopoly Gazprom dropped its earlier plans to take over a giant Kovykta deposit and has... MORE
Hungary Hosts Region-Wide Summit on Energy Security
The prime ministers of eleven countries in Central and Southeastern Europe met on February 24 in Budapest, for the first Energy Security Summit in this region. Hungary initiated the meeting as the current chairman of the Visegrad Four group of Central European countries, inviting the... MORE
Delays in Turkish-Azeri Gas Deal Raises Uncertainty Over Nabucco
Turkey and Azerbaijan have proven unable to conclude their negotiations on natural gas cooperation, which have been in progress for over one year. Turkish-Azeri gas talks include several issues involving the revision of the price Turkey pays for its imports from Shah Deniz-I, the determination... MORE
Adriatic Watch: a Must for the European Commission
Croatian Prime Minister, Jadranka Kosor, is expected in Moscow on March 2 for her first official visit (HINA, February 24). Kosor’s talks with the Russian Prime Minister Vladimir Putin and Kremlin-connected energy companies may yield a breakthrough into Croatia’s energy sector. Such a breakthrough could... MORE