Latest Articles about Energy

Interest Growing All-Round in Trans-Anatolia Pipeline Project
Interest is growing among Western gas producers in Azerbaijan, transit companies, and European importers in the Trans-Anatolia project for Caspian gas to Europe. Initiated by Baku as an Azerbaijani-Turkish project, the Trans-Anatolia Gas Pipeline (Turkic acronym: TANAP) is planned to run from the Georgian-Turkish border... MORE

The Trans-Anatolia Gas Pipeline and Its Continuation Options to Europe
Interested parties are considering joining, in one way or another, the Azerbaijani-Turkish Trans-Anatolia Gas Pipeline project (Turkic acronym: TANAP) across Turkey to the European Union’s border. Some of the same interested parties are competing against each other to provide a continuation route for TANAP into... MORE

Bulgaria Considers Joining Gazprom’s South Stream While Seeking Alternative Options
On March 30 on his maiden visit to Moscow, Bulgarian Economy and Energy Minister Delyan Dobrev struck a poor deal with Russia. Under imperative instructions from his prime minister, Boyko Borissov, Dobrev tentatively promised a final investment decision by November 15, 2012 regarding the Bulgarian... MORE

Lithuania, Hitachi Initial Concession Agreement for Baltic Nuclear Power Plant
On March 30, Lithuania and Japan’s Hitachi Corporation initialed the concession agreement to build a Baltic regional nuclear power plant at Visaginas in Lithuania. The Lithuanian government had selected Hitachi and its subsidiary, Hitachi-General Electric of the US, as the strategic investor for this project,... MORE

Bulgaria Quits Belene Nuclear Power Plant, Open Doors to South Stream
Bulgaria scrapped plans to build its second 2,000-megawatt Belene nuclear power plant (Belene NPP) on the Danube River (Trud, Capital, Dnevnik, BNT, March 28). The Belene NPP is the second Bulgarian-Russian energy project that Sofia quit in the last four months. In December 2011, Sofia... MORE

Presidents of Kazakhstan, Armenia, Azerbaijan and Georgia Attend Seoul Nuclear Summit
Several Eurasian leaders were among the 54 heads of state, deputy prime ministers, or foreign ministers who attended the March 26-27 Nuclear Security Summit in Seoul, South Korea. The main objective of the summit was to prevent non-state actors such as terrorists or criminals from... MORE

Trans-Anatolia, Nabucco-West Pipeline Projects: An Optimal Fit
As expected (see EDM, January 3, 4, 5), the Nabucco consortium has decided to reconfigure its project for a new role: a European continuation of the Azerbaijani-Turkish, Trans-Anatolia Gas Pipeline (TANAP) project. As TANAP plans to replace Nabucco on Turkey’s territory, Nabucco would link up... MORE

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