Latest Articles about Energy

Ukraine-Russia Gas Talks Deadlocked

As winter approaches, the Ukraine-Russia gas price talks have been deadlocked, increasing the likelihood of a repetition of the “gas wars” of 2006 and 2009. Ukrainian officials pledged to avoid this but the situation is serious, with both sides firmly standing their ground. Ukraine repeatedly... MORE

China’s Uranium Quest Part 2: The Turn to Foreign Markets

On August 24, the head of Kazakhstan’s national nuclear monopoly Kazatomprom announced plans to increase its uranium fuel pellet shipments to China by one hundredfold,  from 2 metric tons this year to 200 metric tons in 2013 or 2014 (Bloomberg, August 22). This is welcome... MORE

Nabucco Project Can Advance Faster Than Rivals

Nabucco, the strategic project for transportation of Caspian gas to Europe, seems threatened by the non-strategic pipeline projects, ITGI (Interconnector Turkey-Greece-Italy) and TAP (Trans-Adriatic Pipeline). These are less advanced, compared with Nabucco, but are also less ambitious in scope, and consequently easier to source with... MORE

Non-Strategic Rivals Undermine the Strategic Nabucco Project

The ITGI (Interconnector Turkey-Greece-Italy) and TAP (Trans-Adriatic Pipeline), with planned capacities at 10 billion cubic meters (bcm) annually for each, require no further sourcing beyond Azerbaijan’s Shah Deniz field, Phase Two. Both ITGI and TAP are headed for southeastern Italy. The Nabucco project, however, is... MORE

Three Pipeline Consortiums Compete Over Access to Azerbaijan Gas

Three pipeline project consortiums (Nabucco, ITGI, and TAP) compete against each other over priority access to gas production in Azerbaijan. The transporters’ contest is now intensifying as the deadline draws near for submitting proposals to the gas producers’ consortium in Azerbaijan.Although their respective merits are... MORE

Russia Seeks Refinery Sector Modernization

The Russian authorities have repeatedly pledged to modernize the country’s oil sector, including its refinery facilities. However, many Russian oil companies appear reluctant to increase investment in the modernization of the refinery sector. Instead, Russian oil producers have been building small refinery outlets, despite governmental... MORE