Whether by coincidence or design, Russian authorities are threatening to stop the Hungarian MOL company's oil extraction in Russia at the same time as Surgut Neftegaz appears to be forcing its way into MOL's ownership in Hungary (EDM, April 3, 6, 22, June 10, 24).... MORE

The inter-governmental agreement (IGA) on the Nabucco project, signed on July 13, depends existentially on Azerbaijan for start-up and first-phase gas supplies. Azerbaijan remains a staunch supporter of Nabucco and other components of the E.U.'s Southern Corridor project, but not an unconditional supporter to be... MORE

Moscow and Beijing have hailed what they describe as a bilateral strategic partnership, but Russian and Chinese state-run energy companies struggle to agree to a compromise on energy prices. Both sides insisted that the visit by China's President Hu Juntao to Russia on June 16-18... MORE

On July 13 the Nabucco transit countries removed an important obstacle for the strategic pipeline project. Attending a high profile meeting hosted by Turkey, the prime ministers of Austria, Bulgaria, Hungary, Romania and Turkey inked the Intergovernmental Agreement (IGA). The ceremony was also attended by... MORE

Following a recent telephone conversation between the head of the European Commission Jose Manuel Barroso, and the Russian Prime Minister Vladimir Putin, the commission urged all E.U. member states to immediately begin filling gas storage facilities because they believe that a new Russian-Ukrainian gas war... MORE

Ankara has reportedly finally given the green light to the Nabucco project, and the intergovernmental agreement might be signed on July 13. When the news broke on the Russian deal with Azerbaijan (EDM, July 2), the Turkish media initially suggested it represented a lethal blow... MORE

Meeting in Baku on June 29, Azerbaijan's President Ilham Aliyev and his Russian counterpart Dmitry Medvedev witnessed the signing of an agreement on Azerbaijani gas deliveries to Russia. The initial volumes are small, but the agreement as such is a powerful reminder that the Western-backed... MORE

A burst of sunshine has finally been shed on the little known story of how a once obscure Ukrainian entrepreneur, Dmytro Firtash, suspected of links to Russian organized crime, and his unknown partners in a Cypriot holding company named Mabofi Holdings, established Emfesz KFT, a... MORE

Chinese demand is voracious for Turkmen gas. Russia's import stoppage (see above article) can only strengthen Turkmenistan's motivation to start exports to China on schedule in early 2010. With Russia demonstrating its unreliability as a gas importer (let alone supplier to others), Beijing is using... MORE

Russia's suspension of gas deliveries via Ukraine to Europe last January was a hard lesson (not the first of this type) to consumer countries. Moscow's prolonged and continuing stoppage of gas purchases from Turkmenistan (also not for the first time) is an even harder lesson... MORE