Latest Articles about Energy
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Russia Sees Sakhalin-Japan Energy Projects as Bargaining Tool
Russia’s gas monopoly, Gazprom, has apparently ruled out the possibility of building a subsea Sakhalin-Japan natural gas pipeline. However, the continuation of talks on this ambitious project is thought to remain a valuable bargaining instrument in Russia’s difficult negotiations with China on gas prices.On November... MORE
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Scandal Mars Launch of Ukrainian LNG Terminal Project
Ukraine has started construction of a liquefied natural gas (LNG) terminal designed to process 10 billion cubic meters (bcm) of gas per annum out of some 55 bcm the country consumes. After the start of gas imports from Europe last month (see EDM, November 20),... MORE
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Mongolia’s Vulnerability to Russian Fuel Supply
An expected price increase of gasoline by Mongolian distributors presents new challenges for the coalition government and worries for the public and businesses. As informed by Mongolian fuel importers, Rosneft, the largest Russian oil company, has begun to charge extra for the popular gasoline brand... MORE
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Russia Eyes New Far Eastern Gas Export Hub, Reassesses Central Asia
The Russian natural gas monopoly Gazprom outlined ambitious and costly plans to develop new production and exports hubs in the country’s Far East. Meanwhile, the gas giant has also apparently begun reassessing its ties with Central Asia.On October 29, President Vladimir Putin told Gazprom CEO... MORE
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Ukraine Starts to Import Gas from Europe, Cuts Imports from Russia
As Russia refuses to cut gas prices for Ukraine and proceeds with its South Stream pipeline project—aimed at diminishing Gazprom’s dependence on Ukrainian gas pipelines (see EDM, November 16)—Ukraine has announced plans to further cut Russian gas imports. Even more notably, Ukraine began buying gas... MORE
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EU and US Policy on South Stream Remains Ambiguous
On November 15, Bulgaria signed the final investment decision on the South Stream natural gas project, becoming the last country among Gazprom partners to give the project a green light. Serbia, Hungary and Slovenia have already approved their final investment agreements with Gazprom. On November... MORE
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Bulgaria: The Bargaining on South Stream Continues
Bulgaria has tied the approval of the South Stream gas pipeline to favorable terms in the upcoming gas supply contract with Gazprom. According to an official statement from the Bulgarian government, “The condition for the approval and signing of the final investment agreement is the... MORE
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China and Brunei: Ties that Bind?
When Chinese President Hu Jintao met Brunei’s Sultan Hassanal Bolkiah on the sidelines of the Asia-Pacific Economic Cooperation (APEC) meeting this September in Russia, both leaders said they were pleased with the development of bilateral ties in recent years (Xinhua, September 8). Though relations between... MORE
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New Kazakhstan-US Energy Partnership Plan Adopted
The latest meeting of the Kazakhstani-US Energy Partnership Commission took place in Washington on October 15–16, 2012. The two delegation heads, Kazakhstan’s Minister of Oil and Gas Sauat Mynbayev and the US Deputy Secretary of Energy Daniel Poneman, signed a Joint Action Plan for 2012–2013... MORE
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South Stream as Kremlin’s Geopolitical Tool
Russia is moving rapidly to start building the South Stream natural gas pipeline before the end of the year. On October 29, Serbia became the first Gazprom partner to announce its final investment decision on the construction of South Stream. Bulgaria will follow suit on... MORE