Latest Articles about Energy

Putin and the Future of the Sino-Russian Partnership
Vladimir Putin, Russia’s current prime minister, chose to make his first foreign trip to China after his announcement in late September that he would run again for president. This led some to expect Russia would align closer toward Beijing in coming years. Perhaps for this... MORE

Russia Claims Settlement of Energy Pricing Disputes With China
Moscow claims to have resolved energy-related pricing disagreements with Beijing and has promised to increase bilateral trade. The official visit by Russian Prime Minister Vladimir Putin to China on October 10-11 was designed to give bilateral economic and energy ties yet another boost. For that... MORE

Ashgabat Unimpressed By Moscow’s Objections On Trans-Caspian Pipeline
The updated estimates of Turkmenistan’s vast gas reserves (see EDM, October 20) and the European Commission’s support for a trans-Caspian pipeline to Europe are unwelcome by Moscow. On October 14, President Dmitry Medvedev chaired a special meeting of Russia’s Security Council on Russia-EU relations in... MORE

New Turkmen Gas Reserve Estimates Confirm Vast Export Potential
By the latest estimates, Turkmenistan’s potential gas reserves are even larger than previously thought, encouraging the European Union to tap into this potential, and motivating Ashgabat to cooperate with Brussels and Baku on a trans-Caspian pipeline bound for Europe despite Moscow’s opposition.On October 11 in... MORE

China’s European Satellite Launch Sets New Milestones; South Africa-China Deals Court Controversy; Putin Visits Beijing; New Sino-Kazakh Pipeline Deal Signed
China’s European Satellite Launch Sets New Milestones On October 7, a Chinese Long March-3 rocket blasted off from Xichang Satellite Launch Center, Sichuan Province, delivering a French Eutelsat communications satellite into orbit. This marked the first Chinese launch of a Western communications satellite since the... MORE

Inspections At Gazprom In the EU: Why Now?
The European Commission has launched a round of inspections at Gazprom’s affiliate companies in EU member countries. This is the opening stage in an anti-trust investigation of the Russian monopoly’s activities in European Union territory (see EDM, October 3). It is an unprecedented move for... MORE

EU Launches Anti-Trust Investigation Against Gazprom and Its Affiliates
The European Commission (executive arm of the EU) has launched a systematic anti-trust investigation of Russian Gazprom’s operations in European Union countries. From September 27 onward, the Commission has conducted surprise inspections at many of Gazprom’s subsidiaries and its joint-venture partners. The firms in question... MORE

Turkey Pursues Mixed Aims Over Supply Contract Cancellation With Russia
After the failure of Turkey’s apparently last-ditch effort to renegotiate the price for Russian gas, Turkish Energy Minister Taner Yildiz announced Turkey would not renew the supply contract through the “Western pipeline,” scheduled to expire at the end of the year. The contract was originally... MORE

Croatia’s EU Accession Can Relieve Political Pressures On Hungarian MOL
In a last-minute reversal, Croatia has decided to request the European Commission’s opinion on legal amendments that would bar Hungarian MOL from acquiring more than 49 percent of ownership shares in Croatia’s oil and gas company, INA. The Croatian government’s September 29 meeting had been... MORE

Turkey Seeks Price Cut On Russian Gas
Turkey has joined the growing ranks of claimants to revision of their contracts with Gazprom. On September 29, Turkish Energy Minister, Taner Yildiz, warned that Turkey would end a 25-year-old supply agreement with Gazprom, unless the latter reduces the price of gas. Taner issued this... MORE