Latest Articles about Energy

Russia Plans Massive Expansion of Nord Stream Pipelines

On April 8 in Amsterdam, Russian President Vladimir Putin and Dutch Prime Minister Mark Rutte witnessed the signing of an agreement of intent to expand the Gazprom-controlled Nord Stream pipeline system into the Netherlands and potentially onward to the United Kingdom. The CEOs of Gazprom... MORE

Will Poland Consider a Gas Deal with Russia at Ukraine’s Expense?

On April 3, Russian President Vladimir Putin and Gazprom CEO Aleksei Miller proposed building a new pipeline for Russian gas through Poland to other European Union countries in Central Europe, bypassing Ukraine (see EDM, April 5). Moscow publicized the proposal—and a corresponding offer to Poland—without... MORE

Implications of Ukraine’s Gas Imports from Europe

According to Naftohaz Ukrainy officials, all the ongoing natural gas purchases from German RWE (see accompanying article) are carried out under a framework agreement signed in May 2012. This envisages deliveries of 5 billion cubic meters (bcm) in 2013, with the subsequent possibility of expansion... MORE

Ukraine Importing Gas from Germany via Hungary and Poland

Denting Russian Gazprom’s monopoly, Ukraine is procuring small but growing volumes of natural gas from Europe. The German Rheinisch-Westfaelisches Elektrizitaetswerk (RWE) is providing the volumes through its subsidiary, RWE Supply & Trading.  Ukraine’s neighbors Hungary and Poland are providing the transit services. The three countries... MORE

Belarus: Between Tangible Benefits and Make-Believe Policies

Recent events around Belarus draw attention to a chasm between the Belarusian policies pursued by Russia and by the West. This month, Russia agreed to retain an unprecedented scale of duty-free oil deliveries to Belarus. Under the current deal, Russia exports crude oil to Belarus,... MORE

Turkey More Cooperative with Western Energy Companies than It Seems

Turkey’s Energy and Natural Resources Minister Taner Yildiz has seemingly threatened Italian ENI—and, implicitly, other foreign energy companies—with retaliation against their projects in Turkey, if they sign offshore gas development deals with the government of Greek Cyprus while ignoring Turkey’s and the Cypriot Turks’ interests... MORE

Russian-Kazakhstani Energy Spat Favors China

On March 7, Kazakhstan’s parliament ratified the bilateral agreement with Russia on the duty-free import of Russian oil into Kazakhstani territory. The initial agreement on Kazakhstani-Russian cooperation in the field of energy was signed back in December 2010, but it did not exempt hydrocarbon supplies... MORE

TAP Project Surging Ahead of Rival Nabucco-West (Part Two)

The gas producers’ consortium at Shah Deniz in Azerbaijan is holding parallel negotiations with the pipeline project companies, Nabucco and Trans-Adriatic Pipeline (TAP), to select one of these routes to Europe. March 31 is the deadline for submission of Nabucco-West’s and TAP’s competing offers to... MORE