Latest Articles about Energy
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
Yanukovych, Tymoshenko Hold Opposite Views on Russian Gas
Both Prime Minister Yulia Tymoshenko and her opponent in the February 7 presidential election runoff, the former Prime Minister Viktor Yanukovych, have sought Moscow’s support for their campaigns. Both are expected to be rather pro-Russian compared to the outgoing pro-Western President Viktor Yushchenko, who is... MORE
Russia’s Partnership With Belarus Hits Turbulence
Russian relations with its closest ally, Belarus, have reached a new low following a renewed dispute over energy prices and supply terms. The escalating disagreements over Russian oil supplies to Belarus now threaten to reduce shipments to Belarus refineries. Until recently, Russian crude exports to... MORE
Will Tajikistan Successfully Construct Rogun?
In his official address to Tajik citizens, President Emomali Rakhmon announced that 2010 will be the year “when great resources will be mobilized” to construct the 3,600 mw Rogun dam. “The construction of this site, important for our country, has turned into the arena of... MORE
Russian Oil Supply Cut Hits Belarusian Refineries
Moscow is tightening the squeeze on Belarus’ large-capacity, in the absence of an oil supply agreement for 2010, mainly on export-oriented refineries. The Mozyr and Navapolatsk refineries and other oil sector assets in Belarus are targets for Russian acquisition. The two refineries operate at only... MORE
Moscow Tightens Squeeze on Belarus Oil Industry
The Russian government threatens Belarus with an imminent cessation of oil supplies to the country’s two big refineries, Mozyr and Navapolatsk (aggregate capacity at least 25 million tons annually). The declared trigger of this threat is the dispute over Russian taxation of oil deliveries to... MORE
Gazprom Wooing Croatia Ahead of Putin-Kosor Meeting
Interviewed in the current issue of Southeast European Times (January 12), Gazprom Vice-President (and Gazprom Export chief) Aleksandr Medvedev unveiled a program of business expansion throughout that region, with a distinct focus on Croatia. Ahead of Croatian Prime Minister Jadranka Kosor’s imminent first visit to... MORE
Russia Mends Energy Ties with Turkmenistan and Azerbaijan
Moscow has moved to revive its gas partnership with Turkmenistan and started unprecedented gas imports from Azerbaijan. However, Russia now faces Iranian competition in its gas dealings with both Caspian nations. This month, Russia’s gas giant Gazprom restarts gas imports from Turkmenistan. On December 31,... MORE
The Russian-Ukrainian Gas Truce: Far from a European Energy Peace
Europe is experiencing an exceptionally cold and snowy winter, but at least Russian gas is flowing at full volume through Ukraine and Belarus with no interruptions. Several times in the last few months Moscow has sent warnings on probable complications to European customers, but each... MORE
Belarus’ Oil Sector: A Target of Opportunity for Moscow
Russia’s threat to abolish its oil subsidies to Belarus aim not only to punish Minsk for its recent rapprochement with the European Union, but also to put the oil processing and oil transit in Belarus under the control of Russian companies (EDM, January 5).The role... MORE