Latest Articles about Energy

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

TAP Project Surging Ahead of Rival Nabucco-West (Part One)
Among the roles of Gazprom’s South Stream pipeline project was that of aborting the EU-backed Nabucco, merely by threatening to preempt Nabucco’s markets along the same route downstream. Conversely, Nabucco’s European rival Trans-Adriatic Pipeline project (TAP) can abort Nabucco by preempting the gas supply source... MORE

Dmytro Firtash Launches New Opaque Gas Intermediary
For 20 out of the 22 years of Ukraine’s independence (with the exception of the period 2009–2010), the country’s domestic energy market has been dominated by opaque gas intermediaries. Gazprom’s Itera and Yulia Tymoshenko’s United Energy Systems of Ukraine operated during the first decade of... MORE

Ukraine Looks to Turkmenistan to Solve Its Energy Security Challenges
On February 12, Ukrainian President Victor Yanukovych paid a three-day visit to gas-rich Turkmenistan to sign a memorandum of understanding on energy cooperation and reiterate Kyiv’s interest in resuming direct imports of the Central Asian country’s natural gas, which were suspended in 2006 (Interfax-Ukraine, February... MORE

Is There at Long Last a Russo-Chinese Gas Deal?
In advance of new Chinese President Xi Jinping’s forthcoming visit to Moscow, a major “deliverable” has finally emerged. On February 27, Gazprom and the China National Petroleum Company (CNPC) announced their agreement to conclude negotiations on the long-stalled Russo-Chinese natural gas deal by year’s end.... MORE

Russia Seeks Closer Energy Partnership with China
On February 25, Russian Deputy Prime Minister Arkady Dvorkovich traveled to China to attend a first meeting of the bilateral intergovernmental commission on energy cooperation. The commission was formed in December 2012 to replace the bilateral Russia-China energy dialogue. Dvorkovich held talks with his Chinese... MORE

Political Crisis in Bulgaria to Delay Energy Sector Reforms
The resignation of the Bulgarian government amidst massive protests against high energy prices, poverty and corruption has left the country in disarray. Prime Minister Boyko Borisov announced the resignation of his cabinet on February 20 after protests in Sofia turned violent, leaving 25 people injured,... MORE

Croatian Government Considers Expansion of Russian Energy Companies (Part Two)
Last month, the Croatian government signed up to Gazprom’s South Stream pipeline project; it agreed to re-start importing certain gas volumes from Gazprom through existing pipelines from 2013 onward; it welcomed Gazprom’s offers to build jointly-owned power plants in Croatia; heard an unexpected proposal for... MORE