Latest Articles about Energy

China Secures Trade Surplus With Russia

Russia has sought to expand its trade with China in an apparent bid to prop up what was officially denoted as the strategic partnership between the two nations. Meanwhile, as bilateral trade recovered, China has regained a surplus in its trade with Russia. The official... MORE

Demand Growing for Azerbaijani Gas

On October 7 in Baku, BP signed a production sharing agreement with Azerbaijan’s State Oil Company (SOCAR) for the exploration and development of the Shafag and Asiman gas blocks in Azerbaijan’s Caspian offshore sector. The new CEO of BP, Robert Dudley, witnessed the signing during... MORE

Gazprom Sees Window of Opportunity to Keep Poland Dependent

Moscow is exploiting a number of Polish vulnerabilities of both the objective and the subjective variety, all short-term, in the negotiations on a new supply agreement. The proposed draft would perpetuate those vulnerabilities, and cause Polish long-term dependence on Gazprom. For the time being, Poland... MORE

European Union Assists Poland to Rectify Agreement With Gazprom

Poland consumes some 14.5 billion cubic meters (bcm) of gas annually (unaffected by the economic recession elsewhere). The country produces some 4.3 bcm per year internally while importing the remainder from Gazprom (Bloomberg, September 18). Most of Gazprom’s deliveries enter Poland through the Yamal-Europe pipeline,... MORE

Warsaw Wavers Between Brussels and Gazprom

Moscow has apparently chosen Poland as a ground for testing the European Union’s common energy policy. In ongoing negotiations for a new supply agreement, Gazprom seeks to pressure Poland to circumvent or breach the EU’s legislation on energy market liberalization (Third Energy Package, 2009). Russia... MORE

Armenia, Iran Forge Ahead With New Energy Projects

Armenia and Iran are pressing ahead with the long-awaited implementation of fresh joint energy projects that will cement closer ties amid Tehran’s deepening standoff with the West. The two neighboring states are expected to start building, before the end of this year, two major hydro-electric... MORE