Latest Articles about Energy

Gazprom Intent on Rolling Back EU’s Energy Market Legislation
With the backing of the Kremlin, and some help from interested European parties, Gazprom is intent on rolling back the European Union’s Third Energy Legislation Package on EU territory. The Russian government and Gazprom have signed inter-governmental and corporate agreements to build sections of the... MORE

EU-Russia Summit Makes No Progress on South Stream Dispute
On January 28, Russian President Vladimir Putin announced in Brussels that the European Union has agreed to give Russia full access to the OPAL pipeline in Germany, the largest natural gas pipeline in Europe. “We had problems with access to the OPAL gas pipeline, which... MORE

Beyond Shah Deniz: Azerbaijan’s Next-Generation Gas
Azerbaijan is prepared to supply European Union countries with natural gas for decades to come and in growing volumes. The giant Shah Deniz field, where the producers’ consortium has just approved Phase Two of development (see EDM, January 14), is planned to start commercial production... MORE

Economic Failures in Energy and Tourism Sector Plague the North Caucasus
As the Russian government has been investing tens of billions of dollars in the construction of Olympic infrastructure in Sochi, a previously hailed grandiose project for developing tourism in the North Caucasus has been gradually fading away. To provide a more appropriate background for the... MORE

Azerbaijan Considers Long-Term Strategy on Natural Gas Exports
Speaking at the World Economic Forum in Davos, Azerbaijani President Ilham Aliyev highlighted the start-up of the largest European energy infrastructure project, involving: Shah Deniz Phase Two of field development and three dedicated pipelines to connect that Azerbaijani gas field with European Union territory. The... MORE

Gazprom Advances in Germany
Russian Gazprom is taking over most of the core business of its German partner, Wintershall, in the natural gas trade and storage business. The two companies had conducted that business through the Wintershall-Gazprom joint venture, WINGAS, from 1993 to date. Gazprom is now turning WINGAS... MORE

Azerbaijan in 2013: Balancing Between Europe and Russia
A number of important events in Azerbaijan punctuated the past 12 months, and their implications are likely to affect the future development of the country in important ways. Notably, the year 2013 was highlighted by a presidential election, held on October 9, which was swept... MORE

Gazprom Takes Over Wintershall’s Core German Business
On January 13, Gazprom Vice-President and Gazprom Export CEO Aleksandr Medvedev dropped by an annual meeting of Wintershall’s staff, at company headquarters in Kassel. It was, in this case, the guest who did the welcoming: Medvedev welcomed WINGAS, the Wintershall-Gazprom joint venture, to “become a... MORE

Russia Is Prepared to Sell Iranian Oil as Its Own
The Iranian Foreign Minister Mohammad Javad Zarif and the Syrian Foreign Minister Walid Muallem have flown to Moscow on the same plane this week to meet their Russian counterpart, Sergei Lavrov, to discuss the situation in Syria and the Geneva II peace conference due later... MORE

SCP, TANAP, TAP: Segments of the Southern Gas Corridor to Europe
Full-scale investment approved at Shah Deniz, and supply contracts secured in Europe, make it possible for pipeline construction to proceed along the 3,500-kilometer Southern Gas Corridor, from Azerbaijan to European Union territory in Italy. The cumulative investments are estimated at $25 billion in the offshore... MORE