Globally, 295 new nuclear power plants are under construction or planned by 2030. The total aggregate value of the total build is estimated at $1.23 trillion, with international procurement worth approximately $26 billion per annum. [1] The size and prestige of this market has long... MORE

China’s relentless global search for energy supplies has taken it from Central Asia to Sudan. But China imports oil from politically unstable nations such as inflation-ravaged Venezuela; Iran, constricted by international sanctions; and violence-ridden Iraq, the Democratic Republic of Congo and South Sudan, increasing the... MORE

Russian President Vladimir Putin is scheduled to visit China for a summit in May. In advance of that meeting, Russian sources are again claiming that an agreement on a gas pipeline will be reached between Gazprom and its Chinese partners. Allegedly, both sides have agreed... MORE

Inevitably, Russia is trying to regain the initiative in the Ukrainian crisis by applying the most powerful instrument of its foreign policy—the export of natural gas to Europe. Last Thursday (April, 10), President Vladimir Putin sent a letter to the leaders of the 18 European... MORE

On April 4, the Bulgarian parliament passed on a first reading amendments to the energy law that would allow the Russian-led South Stream gas pipeline project to bypass European Union legislation. Disregarding a strong warning by the EU Commission, Bulgarian lawmakers voted to designate one... MORE

As the West prepares economic sanctions against Russia for its actions in Ukraine, the head of the government-owned State Atomic Energy Corporation (Rosatom) nuclear complex, Sergei Kirienko, said that Russia’s nuclear industry contracts with other countries could be affected, observing, “Considering an array of comments... MORE

Ukraine’s newly appointed energy minister, Yury Prodan, is scheduled to discuss in Brussels on March 19 the resumption of natural gas imports from the European Union, as well as the launch of reverse gas flows from Slovakia (https://economics.unian.net/energetics/893257-prodan-19-marta-poedet-v-bryussel-govorit-o-reverse-gaza.html). The decision is predicated on the expectation... MORE

The crisis in Ukraine has resonated throughout Southeast Europe, evoking memories of the violent break-up of Yugoslavia and worries of fresh interruptions in Russian energy supplies. As the European Union and the United States condemn Russia for its military takeover of Crimea and prepare to... MORE

On February 26, Pakistani officials announced a step forward in China’s plans to construct a transportation corridor through Kashmir to the Pakistani port of Gwadar. Gwadar Port Authority chairman Dostain Khan Jamaldini briefed the Senate’s Ports and Shipping committee after attending the second meeting of... MORE

On February 5, Gazprom refloated the option of expanding the Nord Stream pipeline by adding a third and possibly a fourth line to the existing two. A third and a fourth line would reach beyond the Baltic Sea to countries on the North Sea. Gazprom... MORE