Russia Sees ‘Too Much’ EU Energy Diversification
Russian Energy Minister Sergei Shmatko said the European Union is pursuing “too much” a policy of energy-source diversification and assured his country can provide “good and economically viable” supplies. READ MORE
The EU and Kazakhstan Aim for Enhanced Partnership
In late October Kazakhstan’s President, Nursultan Nazarbayev, visited Brussels where he met with Belgian Prime Minister Yves Leterme, the European Council president, Herman Von Rompuy, and NATO Secretary-General Anders Fogh Rasmussen. The parties discussed energy and economic relations, Kazakhstan’s chairmanship of the Organization for Security and Cooperation in Europe (OSCE) and regional security challenges in the post-Soviet space. Astana and Brussels also signed a series of documents to boost economic relations. READ MORE
Perspectives Of Regional Cooperation In The Sphere Of Energy
On 8 October, the session of the third Parliamentary Assembly of Lithuania, Poland and Ukraine took place. It placed the focus on energy security challenges and perspectives in Eastern and Central Europe. All the three countries are dependent on Russian energy and are aware that it is necessary to diversify consumption of energy and import of its resources, as well as to define a more favorable regime for energy cooperation with Russia. Another question is: how to reach this goal? READ MORE
Russia Targeting Oil Assets in Poland and Lithuania
On October 30, Poland announced its intention to privatize the state-owned majority stake in the country’s second-largest oil industry concern, Lotos Group. The Polish government is inviting interested parties to pre-tender talks on the Lotos Group. READ MORE
Turkey, Turkmenistan Seek Alternative Gas Supplies
The Turkmen President Gurbanguly Berdimuhammadov and the Turkish President Abdullah Gul, who met the day before in the Caspian city of Turkmenbashi, expressed their intention "to develop cooperation in the sphere of supplies of Turkmen natural gas to world markets through alternative routes, the final joint communiqué, issued by the local media on Saturday, says. READ MORE
A Corporate Ostpolitik
From the Vltava to the Volga, Germany's relationship during the last century with Central and Eastern Europe was a tumultuous affair. But ties between Berlin and the countries to its east in the new millennium are proving to be a lot happier and mutually beneficial. READ MORE
Is the U.S. Bullying Europe Into Cutting Ties With Iran?
Tougher U.S. and European sanctions against Iran might be hitting its economy, leading to fears of looming inflation and cuts in food and gas subsidies. But that doesn't mean the Islamic Republic is out of friends — far from it. Even the U.S.'s close allies in Europe have stopped short of cutting their relations with Iran, allowing it to continue its trade in oil and gas. READ MORE
Gazprom Keeps Grip on Polish Pipeline
Poland and Russia appear to have phrased their new gas agreement in a way that will only formally observe European Union rules on third-party access to the pipeline. In reality, Russia’s Gazprom will keep nearly full control of the Yamal-Europe pipeline that supplies Poland and customers in Germany. READ MORE
Austrian Ambassador: Azerbaijan Can Play Strategic Role As Exporting Country To Meet Europe’s Energy Needs
Trend interviews the Austrian ambassador to Azerbaijan Sylvia Meyer Kaibic on the eve of Austria's National Holiday - October 26 READ MORE
Oil And Politics, The Lithuania Round
How a Polish investment in a Lithuanian oil refinery went bad and raised Russia's ire. READ MORE