The Baltic regional nuclear power plant project, at Visaginas in Lithuania, is moving forward despite unfavorable international circumstances. At this point, the adverse circumstances are not internal to the project. They are extraneous to it, originating variously from Russia and from Europe.Last July, Lithuania selected... MORE

Heavy winter conditions have strained natural gas supplies in Turkey, shedding critical light on the country’s over reliance on hydrocarbons. Due to the record increases in household consumption and electricity demand, which coincided with interruptions in gas imports from Iran and Azerbaijan, concerns were raised... MORE

Armenia’s government seems to be pressing ahead with its ambitious plans to replace the aging nuclear power station at Metsamor, with a new plant meeting modern safety standards. Having secured Moscow’s support for and participation in the project, the government is now actively looking for... MORE

After Moscow’s refusal to cut gas prices for this year, Kyiv has threatened to cut its imports from Russia between 27 billion cubic meters (bcm) of gas and 33 bcm from the 40 bcm imported by the national oil and gas company Naftohaz Ukrainy last... MORE

Bulgaria’s energy security and independence were the key topics discussed by US Secretary of State Hillary Clinton with the Bulgarian government during her short visit to Sofia on February 5. She urged the Bulgarian government to break dependence on Russia by diversifying its energy supplies.... MORE

For more than a decade, Nabucco was the only pipeline project (and lately, the frontrunner project) for transporting Caspian gas to EU territory. Nabucco relied exclusively on Azerbaijani gas for the pipeline’s first stage (the hopes to add gas volumes from northern Iraq proved unrealistic... MORE

The Azerbaijan-Turkey project, Trans-Anatolia Gas Pipeline (TAGP; Turkish acronym TANAP), announced as recently as December 26, emerges as the optimal solution for transporting Azerbaijani gas to Europe, potentially opening the way for Turkmen gas also. The pipeline is planned to be built from 2012 to... MORE

As a part of its incessant attempts to consolidate its presence in the energy sector of Central Asia, on January 17, the board of executives of the Russian company, Lukoil, endorsed the purchase by its daughter company, Lukoil Overseas, of 6.6 percent of shares in... MORE

Confidence in the viability of the Nabucco project – at least in its version envisaged from 2004 to 2011 – seems to be fading all around. On January 25, the Nabucco consortium’s management disclosed that it has submitted “amended” proposals to the Shah Deniz gas... MORE

Croatia has become the newest member of the European Union, with a national referendum on January 22 capping the accession process. The government-controlled JANAF (Jadranski Naftovod – Adriatic Oil Transportation) enterprise, however, has marked the country’s EU accession in its own way. It has opened... MORE