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

The Bulgarian Parliament has indefinitely suspended shale gas exploration and extraction in the country under public pressure from environmentalist groups. The moratorium will affect shale gas and oil exploration on the entire territory of Bulgaria and along its Black Sea shore (Bulgarian National Television, January... MORE

The energy company DTEK has increased its shares in Ukraine’s four key regional power companies to controlling stakes during the past three months. Along with being the main buyer in the energy privatization campaign launched by the government late last year, DTEK has also almost... MORE

President Viktor Yanukovych and his government are setting the stage, politically and legislatively, for transferring Ukrainian pipelines to Russian control, in a package deal with Gazprom. The president and government wavered and agonized at times, but are now actively preparing Ukrainian public opinion for an... MORE