Latest Articles about Energy

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

Shah Deniz Consortium Members Signal Conflicting Priorities (Part Two)
In their comments released on February 20-22 (see EDM, February 22), unnamed representatives of the Shah Deniz producers’ consortium postponed from mid-2012 to mid-2013 the selection of a pipeline route for Azerbaijani gas to Europe. Whether they spoke for the multinational consortium or for their... MORE

Russian Gas Export Plans Face Reality Check
Russia’s natural gas monopoly Gazprom has repeatedly pledged to increase natural gas production and exports. However, the gas giant appears to face an uncertain export future as its credibility in Europe has been dealt a blow and some of its ambitious plans have proved slow... MORE

Shah Deniz Consortium Members Signal Conflicting Priorities (Part One)
On February 20-22, one or more anonymous representatives of the Shah Deniz gas producers’ consortium announced their preferred pipeline options for transporting Azerbaijani gas to Europe. Of the existing five rival options, those representatives have eliminated one pipeline project; suggested (thus, prejudging) the order of... MORE