Nabucco And Baku–Ashkhabad’s Contraposition
Today the gas pipeline Nabucco is probably the most important Western energy project in Eurasia. If implemented, it would significantly reduce energy dependence of the EU on Russia. Therefore Nabucco acquires a wide geopolitical dimension exceeding its possible economic benefit. READ MORE
The Molotov-Ribbentrop Pipeline
Rügen is best known as a popular German tourist destination. But now the Baltic Sea island has taken on a new role as staging point for an energy project that is as ambitious as it is controversial: the Nord Stream gas pipeline from Russia to Germany. Next spring the first pipeline segments will likely be dropped to the sea floor in a line that will wind through Russian, Finish, Swedish, Danish and German waters—conspicuously avoiding the Baltic states and Poland. READ MORE
1bn Nord Stream Pipe Contract Awarded
Three companies have been contracted to supply a million tons of steel pipes for the construction of the second pipeline of the Nord Stream project, the consortium has announced, confirming that work would begin in April this year. READ MORE
Lithuania Will Strengthen Economic Cooperation With Turkey
"Lithuania is interested in the successful development of transport and energy infrastructure projects connecting the Baltic and Black Sea regions," President of the Republic of Lithuania Dalia Grybauskaitė said at the meeting with Turkish Minister for EU Affairs, Egemen Bağiş. READ MORE
For the West, 'Game Over' in Central Asia
Last month, the West officially lost the new "Great Game." The 20-year competition for natural resources and influence in Central Asia between the United States (supported by the European Union), Russia and China has, for now, come to an end, with the outcome in favor of the latter two. Western defeat was already becoming clear with the slow progress of the Nabucco pipeline and the strategic reorientation of some Central Asian republics toward Russia and China. Two recent events, however, confirmed it. READ MORE
Russia-Belarus Oil Dispute Threatens Europe’s Supply
Russia and Belarus have failed to renew an agreement on crude oil export tariffs that expired on New Year’s Eve, raising the prospect that yet another otherwise unremarkable energy pricing dispute between Russia and a neighbor could unravel into a midwinter fuel shut-off on the Continent. READ MORE
Azerbaijan’s Gas Going East?
Azerbaijan’s ongoing dispute with Turkey about transit terms and revenues for natural gas heading to Europe across Anatolia, as well as uncertainties about the Nabucco pipeline project, have compelled highest-level officials at Azerbaijan’s State Oil Company (SOCAR) to publically consider the option of exporting hydrocarbons eastward, potentially to China and other East Asian markets. However, as Baku would have to surmount significant hurdles to make that proposition a reality, it remains to be seen whether a reorientation of Azerbaijan’s energy posture is in the cards, or whether this is just rhetoric to spur the development of Western-oriented projects. READ MORE
If Gas Could Talk
Can a deal struck with the EU help the plight of Turkmen – or are we only interested in their country's gas? READ MORE
New Gas Pipeline From Central Asia Feeds China
With the turn of a ceremonial valve, China’s president, Hu Jintao, opened a big natural gas pipeline from central Asia to China on Monday, significantly increasing China’s access to the fuel and providing the first major alternative to exporting the region’s gas through Russia. READ MORE
Moscow Backtracks From Strategy to Bypass Ukraine’s Gas Transit System
Russian Energy Minister Sergei Shmatko declared on November 16 that the Nord Stream pipeline on the Baltic seabed would not be used for diverting gas volumes away from Ukraine’s transit pipelines to Europe. In effect, this statement acknowledges that the Nord Stream pipeline, from Russia directly to Germany, is not a Ukraine-bypass project. READ MORE
