Latest Articles about Energy

Implications of Lithuania’s Unbundling of Gazprom-Controlled Pipelines
Lithuania has become the first EU country to start implementing the EU’s Third Package of energy market liberalization laws. Estonia is considering a move in the same direction, possibly by October. Meanwhile, Latvia has postponed a decision, awaiting potentially fateful elections. In Lithuania (as elsewhere... MORE

Lithuania Decides to Unbundle Pipelines From Gazprom’s Control
On June 30, the Lithuanian parliament adopted legislation barring the supplier of natural gas (in this case, Gazprom) from owning or operating pipelines in the country. This conforms with the European Union’s Third Package of energy market legislation, which was adopted by the EU in... MORE

Lithuania Enlists US Companies for Gas Supply and Transportation Projects
Attending the Lithuanian-chaired, Community of Democracies annual event in Vilnius on July 1, US Secretary of State Hillary Clinton endorsed Lithuania’s energy security strategy on its three levels: the national, regional, and European. The political endorsement accompanies specific energy projects being launched by American companies... MORE

Hungarian MOL Harassed In EU Entrant Croatia
Within days after the European Commission had cleared Croatia to join the EU (Financial Times, June 22), political harassment of Hungarian MOL has intensified in Croatia. Russian interests are conveniently using local allies to wrest operational control of INA, the Croatian oil and gas company,... MORE

Russia Seeks to Increase Energy Supplies to China
Moscow has indicated its interest in increasing trade with China but a major bilateral gas deal remained elusive. During talks with his Chinese counterpart, Hu Jintao, in Moscow on June 16, Russian President Dmitry Medvedev hailed what he described as the positive development of bilateral... MORE

Russia Seeks to Increase Energy Supplies to China
Moscow has indicated its interest in increasing trade with China, but a major bilateral gas deal remained elusive. During talks with his Chinese counterpart, Hu Jintao, in Moscow on June 16, Russian President Dmitry Medvedev hailed what he described as the positive development of bilateral... MORE

Energy Security in China’s 12th Five-Year Plan
While the developed world, including the United States and other Western European countries, has been sluggish in both economic recovery and energy demand, China has experienced major power shortages in recent months, seriously threatening the efforts to sustain the still fragile recover process. The world’s... MORE

Will Kyiv Seek Alternatives to Russian Gas or Make Concessions to Moscow?
Kyiv’s recent attempt to persuade Moscow to lower the price of gas for Ukraine proved to be a fiasco. Russian Prime Minister, Vladimir Putin, made it clear to his visiting Ukrainian counterpart Mykola Azarov on June 7 that Moscow was happy with the current situation... MORE

Nabucco Project Support Agreements Meet Interests Of Caspian Gas Producers
On June 8 in Kayseri (Turkey), Nabucco project companies from the five transit countries –Turkey, Bulgaria, Romania, Hungary, and Austria– signed with those countries’ corresponding ministries the Project Support Agreements (PSAs) for the construction of the Nabucco pipeline. The five companies plus RWE of Germany... MORE

Gas Talks In Moscow Raise Pressures On Ukraine
On June 7 in Moscow, Prime Ministers Vladimir Putin and Nikolai Azarov held tense negotiations on the terms of Russian gas supplies to Ukraine. The government in Kyiv and its Donetsk-based industrial interests are seeking a second round of gas price-cutting, after that agreed in... MORE