Latest Articles about Energy
Gazprom Takes its South Stream Bluff to Bucharest
This week in Bucharest, high-level representatives of the Russian energy business and their Italian allies are making their strongest pitch yet for Romania to join their South Stream gas transport project. Romania is the latest target in Moscow's recent effort to enlist additional countries in... MORE
Moscow Juggling Capacity and Cost Figures on South Stream
Against the European Union's Southern Corridor project, Russia is redoubling efforts to advertise its own project, South Stream, with Italian backing. The scene for that advertising is in Bucharest this week. Due to stagnant gas production and aging fields in operation, however, Russia has been... MORE
Turkish Nuclear Tender Faces Uncertain Future
On September 25 Turkey's Energy and Natural Resources Minister Taner Yildiz announced that a decision on the tender to construct the country's first nuclear power plant has been postponed for two months, and that the final decision would be taken by November 24.For over one... MORE
Russia and Kazakhstan Pursue Energy Partnership
Russia and Kazakhstan's leadership have reiterated pledges to boost their bilateral economic and energy partnership. However, they remain divided over some divergent interests, notably in gas processing and oil transit. Earlier this month, Russian President Dmitry Medvedev and his Kazakh counterpart Nursultan Nazarbayev met at... MORE
Putin’s Yamal Offer: a Preliminary Assessment
Russian Prime Minister Vladimir Putin's call for Western-assisted development of Yamal gas reserves for export as liquefied natural gas (LNG) (EDM, September 25) holds potential global ramifications. Top managers of no fewer than 10 leading international companies attended the session with Putin in Salekhard on... MORE
Putin Touts Vast Yamal Project for Global Export of LNG
On September 24 the Russian Prime Minister Vladimir Putin led government ministers and CEO's of some global energy companies on a visit to the Yamal Peninsula in northwestern Siberia. Putin announced that Russia intends to become an exporter of liquefied natural gas (LNG) worldwide on... MORE
Liberalization of the Turkish Energy Market Sparks Russian and European Interest
Gazprom's Deputy CEO Alexander Medvedev has outlined the company's plans for expanding its investments in the Turkish energy sector, especially natural gas distribution and electricity production markets (Referans, September 23). The growing Russian as well as European interest reflects its desire to obtain an advantageous... MORE
Kyrgyzstan to Begin Electricity Rationing Next Month
As winter approaches, the Kyrgyz Minister of Energy Iliyas Davydov has announced that electricity will be rationed in the upcoming months. Last year, electricity outages reached 12 hours or more in some parts of Kyrgyzstan. Significantly, electricity shortages were largely caused by the poor management... MORE
Gazprom Seeks Far Eastern Gas Riches
The state-run natural gas monopoly Gazprom has moved to control natural gas resources in Russia's vast eastern regions by taking over new gas deposits and building new gas pipelines. In late August, Gazprom argued that the Chayadinskoye deposit lacked sufficient reserves to fill the Yakutiya-Vladivostok... MORE
Gazprom Targets Larger Share of the U.S. Energy Market
On July 31 the Russian Prime Minister Vladimir Putin formally launched the construction of the new strategic 1,800 kilometer Sakhalin-Khabarovsk-Vladivostok natural gas pipe-line, which is designed to ensure exports to the Asian Pacific Region (APR) from a new Liquefied Natural Gas (LNG) plant to be... MORE