Latest Articles about Energy

Taking Stock: Implications of the Riga Summit for the South Caucasus
Prior to its start, the European Union’s May 21–22 Eastern Partnership (EaP) summit in Riga was widely anticipated, given that the previous summit in Vilnius had been overshadowed by the war in Ukraine and newly evident Russian expansionism. Russia’s aggressive policies caused concerns in those... MORE

Ukraine Fails to Make Shale Gas Breakthrough
Ukraine’s hopes to cut its dependence on gas imports from Russia through shale gas development have been dashed. The two multinationals that won government tenders to develop non-traditional gas deposits in Ukraine, Chevron and Shell, stopped their works last year, and there is no clarity... MORE

Gazprom Must Compromise on EU Charges, but Putin Cannot
The European Commission delivered, on April 22, a “statement of objections” resulting from its probe launched back in September 2012, which amounts to charging Gazprom with abusing its dominant position on the gas market in several EU member states. The content of the charges has... MORE

Will Turkey Choose the European or Eurasian Energy Union?
The sixth meeting of the World Forum on Energy Regulation is scheduled to be held on May 25–28, in Istanbul, and is being organized by the office of the prime minister of the Turkish Republic. The competitive and dynamically expanding nature of the energy sector... MORE

Ukraine Rapidly Dismantling Gazprom’s Supply Monopoly
Quantitative indicators show a dramatic reorientation of Ukraine’s natural gas supply strategy. Dependence on Gazprom has become a thing of the past. Kyiv demonstrates political resolve to pursue supply diversification and adapt to changing market conditions with the European Commission’s backing. Along with supply diversification,... MORE

More Competition, Less Expensive Russian Gas in Ukraine’s Market (Part Two)
For Part One Click Here On April 2, Russian Gazprom and Naftohaz Ukrainy signed an agreement on natural gas sales-and-purchases to cover the next three months. Russian President Vladimir Putin authorized his government, which in turn instructed Gazprom, to sign this agreement, with a substantial... MORE

More Competition, Less Expensive Russian Gas in Ukraine’s Market (Part One)
On April 1, on President Vladimir Putin’s instructions (Kremlin.ru, March 31; Interfax, April 1), Prime Minister Dmitry Medvedev prolonged the validity of the existing agreement on Russian natural gas supplies to Ukraine until June 30, effective immediately. Originally signed by Russian Gazprom and Naftohaz Ukrainy... MORE

Mission Mostly Accomplished: China’s Energy Trade and Investment Along the Silk Road Economic Belt
Chinese President Xi Jinping’s efforts to build the Silk Road Economic Belt (SREB)—a network of transportation infrastructure across Eurasia—are unlikely to drive a step change in China’s energy trade with and investment in Central Asia. This is not only because of the already robust energy... MORE

The Maritime Silk Road and the PLA: Part One
The past decade has seen a considerable amount of speculation concerning China’s military intentions in the Indian Ocean (and overseas generally), revolving in large part around the “String of Pearls” concept (namely, a possible network of future Chinese naval and military installations stretching across the... MORE

Future Scenarios on the New Silk Road: Security, Strategy and the SCO
Chinese President Xi Jinping launched the “Silk Road Economic Belt” in a “historic” speech at Nazarbayev University in Kazakhstan in the week before the Shanghai Cooperation Organization (SCO) Summit in Kyrgyzstan in September 2013. The initiative was viewed by the rest of the region mostly... MORE