Latest Articles about Energy
Kazakhstan Adamant to Lead in Global Nuclear Non-Proliferation Efforts
In Soviet times, the Kazakh republic was a testing ground for nuclear explosions, having witnessed more than 400 nuclear blasts at the site in Semipalatinsk. Much has changed since Kazakhstan gained its independence in 1991. It renounced the world’s fourth largest nuclear arsenal and has... MORE
Romanian-Bulgarian Maritime Dispute Can Affect Exxon’s, South Stream, Nabucco Projects
On March 22 and 25, Romania’s Foreign Affairs Minister, Cristian Diaconescu, announced on television that a “legal dispute” (“litigium”) exists between Romania and Bulgaria over the delimitation of their maritime border, continental shelf, and exclusive economic zones in the Black Sea. The dispute affects, in... MORE
Gazprom Required to De-Monopolize Access to German OPAL and NEL Pipelines
The European Commission has ruled that the Gazprom-led consortium, Nord Stream, must allow other gas suppliers to share the capacities of that consortium’s pipelines on German territory (Kommersant, March 15; Interfax, March 19). This requirement, known as third-party access, is based on the EU’s competition... MORE
Coal to Newcastle? Understanding China’s Coal Importing Behavior
China’s dependence on other nations’ coal exports is growing. In 2009, China imported 126 million tons (Mt) of coal and became a net coal importer. In 2011, China sourced 182 Mt of coal from overseas suppliers, and overtook Japan as the world’s top coal importer.... MORE
Experts Weigh Pros and Cons of Establishing Uranium Fuel Bank in Kazakhstan
Presidents Nursultan Nazarbayev and Barack Obama will likely discuss Kazakhstan’s proposal to establish the world’s first international nuclear fuel bank when they meet at the Nuclear Security Summit in Seoul in a few weeks. In February, Foreign Minister Yerzhan Kazykhanov (Kazakhstan General Newswire, February 28)... MORE
Russian Oil Companies Buying West European Refineries
Russian oil companies Gunvor, Rosneft, and Lukoil are spearheading what looks like an acquisition spree of refining capacities in Western Europe. Some West-European authorities accept without qualms and even welcome such Russian takeovers, apparently viewing them as crisis-relief measures for stricken European refineries and workforces... MORE
Is Nuclear Power the Panacea for Belarusian Energy Problems?
On February 23, Belarus’ Minister of Energy, Alyaksandr Azyarets announced the signing of the basic contract for the construction of the Belarusian nuclear power station in Astravets district (Hrodna region). Earlier that month, Belarus’ Belvneshnekonombank and Russia’s Vneshekonombank signed a bilateral agreement that provides the... MORE
Lithuania Contracts for LNG Terminal
In 2011, Lithuania became the first European Union member country to enact EU energy market reform on national territory (see EDM, July 7, 2011). Lithuania opted for the most far-reaching version of this anti-monopoly legislation (“unbundling,” under the EU’s Third Energy Package). It requires separation... MORE
Projects in Synergy: Trans-Caspian, Trans-Anatolian Gas Pipelines
Addressing the Caspian-European Integration Business Club in Baku (Trend, Today.Az, February 29), Azerbaijan’s Industry and Energy Minister Natig Aliyev announced that negotiations on a Turkmenistan-Azerbaijan gas pipeline are advancing, as part of the EU-backed Southern Corridor to Europe. For its part, Azerbaijan is holding meetings... MORE
Russia Completing Baltic Pipeline System Construction, Reducing Druzhba Pipeline Flow
Russia is set to start crude oil exports through the Baltic Pipeline System’s second trunkline, BPS-2, with its Ust-Luga maritime terminal at the Russian end of the Baltic Sea. The BPS-1 trunkline is already operating since 2009 with its Primorsk maritime terminal. The oil is... MORE