Latest Articles about Energy

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

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

Moscow Watchful Over Kazakh-Turkish Partnership Agreement

On October 21 Kazakhstan’s President Nursultan Nazarbayev met his Turkish counterpart Abdullah Gul in Ankara. During his extended official visit Nazarbayev prioritized cultural and economic links with Turkey and stressed the importance of the unity of Turkic nations. He visited the headquarters of TURKSOY, an... MORE

White Stream can De-Monopolize the Turkish Transit of Gas to Europe

Political risks to Caspian gas transportation have emerged westward of the Caucasus in Turkey, where such risks were least expected. Azerbaijan has become the first gas-exporting country to experience those risks, stemming from Turkey’s position as a transit monopolist. Turkey’s AKP government is practically blocking... MORE

Russia and China Clinch Gas Supply Deal

Moscow and Beijing claim that their long-awaited gas supply deal is proof of what they describe as their bilateral strategic partnership, but the Russian and Chinese state-controlled energy giants apparently remain divided on the sensitive issue of gas prices. On October 13, the Russian gas... MORE