Latest Articles about Energy

Russian Gas and Oil Projects on Hold in Bulgaria

On December 11 in Sofia, a regular meeting of the Russian-Bulgarian inter-governmental commission on economic cooperation failed to restart the three major Russian energy projects in Bulgaria: the South Stream gas pipeline, Burgas-Alexandropolis oil pipeline, and Belene nuclear power plant. The center-right Bulgarian government, in... MORE

Taiwan and the Changing Strategic Balance in the East China Sea

On October 19, Legislator and Chairman of Congressional Caucus for the opposition party DPP (Taiwan Democratic Progressive Party) Chai Trong-rong publicly accused the Ma Ying-jeou administration of providing China with sensitive undersea survey data around Taiwan. Legislator Chai maintained that the information, which he alleged... MORE

Uzbekistan Damages Regional Electricity Network

Uzbekistan recently officially announced that it will quit the Central Asia power system. Tashkent’s decision affects all countries in the region, with Kyrgyzstan and Tajikistan suffering the most. The recent policy shift reflects the predicaments of Soviet period planning of energy supplies in the Central... MORE

Russia Seeks to Sustain its Energy Security

Moscow has reiterated pledges to improve Russian energy security by promising sizable investments to develop its hydrocarbon sector and power supply networks. However, the economic viability of such solutions appears to remain a matter of debate as Moscow’s ambitious plans require huge investments. Russian authorities... MORE

Putin, Tymoshenko Agree on Gas and Deride Yushchenko, Saakashvili

Russian Prime Minister Vladimir Putin and his Ukrainian counterpart Yulia Tymoshenko met in Yalta on November 19 and reached a number of agreements, confirming once again that their relationship is of a special character. Putin reiterated that Naftohaz Ukrainy, the debt-ridden state-controlled oil and gas... MORE

Ukraine Relying on IMF Payments for Russian Gas Purchase

Ukraine finds it increasingly difficult to survive without money from the International Monetary Fund (IMF). The country paid Russia for October’s gas deliveries with IMF funds and the same means will be used for November’s gas deliveries. However, the IMF did not disburse the fourth... MORE

Azerbaijan Accelerates Gas Export Diversification Efforts

Gas production in Azerbaijan is set to reach 30 billion cubic meters (bcm) annually by 2013 from currently operating fields (Trend Capital, November 13). Over and above that level, the second phase of production at the Shah Deniz field is projected to add another 16... MORE