Latest Articles about Energy

Russian Gas Flaring: a Political or Technical Problem?
On December 2, the Russian Federal Anti-Monopoly Service reportedly will consider the conflict between two Russian state-owned companies –Gazprom and Rosneft. The decision came after Rosneft filed a complaint alleging that Gazprom limited Rosneft’s access to the Russian main gas pipeline network from April through... MORE

Azerbaijan Considers Georgia-Black Sea-Bulgaria Route for Compressed Natural Gas to Europe
On November 13 in Sofia, Azerbaijan’s President Ilham Aliyev and his Bulgarian counterpart Giorgi Purvanov witnessed the signing of agreements of intent on the transportation of Azerbaijani gas to Bulgaria and onward to Europe. The agreements’ centerpiece concerns transportation of compressed natural gas (CNG) from... MORE

Nabucco Investment Decision Postponed
On November 11 the Austrian OMV-led Nabucco management announced that the investment decision on the project will be postponed, from early 2010 to the fourth quarter of that year. There is no clear explanation for this sudden change.Only seven days earlier, the same Vienna office... MORE

Russia Gains a Political Victory in Scandinavia with Nord Stream Approval
Three Scandinavian governments have allowed Gazprom’s Nord Stream pipeline, from Russia to Germany, to be built on the Baltic seabed (EDM, November 10). The Finnish, Swedish, and Danish governments had procrastinated or resisted for three years and their public opinion does not welcome the Nord... MORE

Nord Stream Pipeline Project Still Short of Resources
Four years after Germans and Russians signed the founding agreement (October 2005), the Nord Stream pipeline project has received the Scandinavian countries’ approval for construction on the Baltic seabed, from Russia to Germany. The Gazprom-led project, however, has not yet lined up the gas and... MORE

Gazprom Seeks “Equal Profitability,” Reluctant to Face Domestic Competition
Russia’s relatively low domestic gas prices have been seen as encouraging high consumption rates and hindering investments in gas production. The country’s gas monopoly Gazprom has long complained about unprofitable sales and pressed the government to hike regulated domestic prices. Gazprom has insisted that its... MORE

Scandinavian Governments Allow Russo-German Nord Stream Pipeline
On November 5 the Finnish and Swedish governments gave Nord Stream, the Gazprom-led consortium, permission to lay the pipeline through their respective economic zones on the Baltic seabed, on an approved route from Russia to Germany. The Danish government had given its permission in late... MORE

Russian Energy Interests Target MOL on Bosnia and Croatia
Russian economic and political penetration in parts of former Yugoslavia proceeds apace in the wake of President Dmitry Medvedev’s visit to Belgrade. Serbia risks turning into an Armenia of the Balkans by accepting Russian economic tutelage (EDM, October 27, 28). On November 6 the government... MORE

Mikhail Gutseriyev and the Expediency of Russian Justice
On October 28, two authoritative Moscow-based business dailies Vedomosti and Kommersant quoted sources as saying that the arrest warrant for Mikhail Gutseriyev, a top Russian banker and oil tycoon of Ingush origins, had been cancelled and replaced with “the promise not leave” (much as this... MORE

Southern Corridor, White Stream: the Strategic Rationale
White Stream, the proposed gas pipeline from Georgia to Romania on the seabed of the Black Sea, is intended to maximize European gas imports from Central Asia through the E.U.-initiated Southern Corridor. The Corridor grand design spans Azerbaijan, Georgia, Turkey, and –with White Stream– also... MORE