Latest Articles about Energy

Gazprom Resists Application of EU Law on Opal Pipeline in Germany
Russia’s Ministry of Energy and Gazprom want the European Commission to exempt the biggest pipelines in Germany, OPAL and NEL, from the European Union’s energy market legislation. OPAL and NEL are Gazprom’s joint ventures with Wintershall in Germany. The EU’s Third Legislative Package requires vertically... MORE

Romanian Gas Pipeline Might Free Moldova from Gazprom’s Monopoly
Visiting the Republic of Moldova on July 17, Romanian President Traian Basescu announced the imminent start of the construction of a natural gas pipeline to connect Romania with Moldova. The work is planned to start on August 27 (Moldpres, July 17, 18). Its modest size notwithstanding, this... MORE

TAP Gas Consortium Looks at Markets from Bulgaria to Britain
Gas marketing options of the Trans-Adriatic Pipeline (TAP) project consortium may look either flexible or vague at this point. Azerbaijan’s State Oil Company (SOCAR) seems the only reassuring exception in this regard among the Shah Deniz gas producers. SOCAR had indicated all along that gas... MORE

SOCAR and Other Shah Deniz Producers Reconfiguring Pipeline Consortiums
The gas producers’ consortium at Shah Deniz in Azerbaijan has selected the Greece-Italy route, known as the Trans-Adriatic Pipeline (TAP) project, for transportation of that field’s production to European markets. The selection of TAP has eliminated the Nabucco-West project, ending a four-year contest between the... MORE

Ukraine’s Gas Storage System: A Unique Asset in Europe
Addressing Gazprom’s annual general meeting of shareholders, CEO Alexei Miller warned that Gazprom would “never again, under any circumstances” use Ukraine’s gas storage system in the process of delivering Russian gas to Europe via Ukraine (Kommersant-Ukraina, July 4; Nezavisimaya Gazeta, July 10; see EDM, July... MORE

Ukraine Diversifies Gas Suppliers, Slashes Imports from Gazprom
Ukraine has recently initiated procurement of natural gas from European suppliers. These volumes are small but growing, correspondingly eroding Gazprom’s market share in Ukraine.The German Rheinisch-Westfaelisches Elektrizitaetswerk (RWE) is providing the volumes through its subsidiary, RWE Supply & Trading. Some of these gas volumes are... MORE

Future of Ukraine’s Gas Transit System Linked with Ukraine-EU Association Agreement
Ukraine stands on the threshold of finalizing the Association Agreement with the European Union, possibly signing it at the Vilnius summit in November. If signed, the agreement would open the way for European comprehensive support to the modernization of Ukraine’s gas transit system, which carries... MORE

Exploring the Significance of China’s Membership on the Arctic Council
The recent decision of the Arctic Council to admit China and several other Asian states to observer status there represents an epochal decision for both Arctic and Asian affairs. China, Japan, India, South Korea, Singapore, and Italy all won observer status–the inclusion of so many... MORE

The Political Crisis in Bulgaria Might Delay South Stream Construction
In the midst of the deepening political crisis in Bulgaria, Gazprom’s Chairman Alexei Miller arrived in Sofia on July 8 to make sure construction of the South Stream natural gas pipeline is not further delayed. The project was already delayed when the center-right government of... MORE

China Enters Kashagan Oil Project, Will Boost Kazakhstan-China Pipeline Capacity
On July 2, Kazakhstan’s government announced that it has decided to sell an 8.4-percent stake in Kashagan, the supergiant oilfield development project, to China’s National Petroleum Corporation (CNPC). The CNPC has prevailed against India’s Videsh, external operations branch of Indian state-controlled Oil & Natural Gas... MORE