Russia may exclude Israel from Blue Stream-2 gas pipeline project
Russian Prime Minister Vladimir Putin said on Tuesday Israel may be excluded from the Blue Stream-2 gas pipeline project as it has uncovered its own gas deposits. READ MORE
Russia opens a new pipeline of diplomacy
Russian diplomacy has been on a roll in recent months, the revival of ties with Ukraine being the most dramatic manifestation. But a string of successes, major and minor, sung and unsung, has been notched up below that high point - in Poland, Azerbaijan, Uzbekistan, Norway and Syria. READ MORE
AGRI: First Ever LNG Project In The Black Sea
Azerbaijan, Georgia, and Romanian are jointly launching a liquefied natural gas (LNG) project, designated as the Azerbaijan-Georgia-Romania Interconnector (AGRI). The three governments regard their project as an element in the EU-planned Southern Corridor for Caspian gas to Europe. READ MORE
Austria And Russia Sign South Stream Pipeline Agreement
Austria has signed up to build part of Russia's South Stream gas pipeline, while keeping a hand in the competing European pipeline Nabucco. READ MORE
Debate continues as work begins on Baltic Sea pipeline
Construction of Europe's largest-ever energy project, the Nord Stream gas pipeline, has started after years of intensive wrangling. But questions remain. Chief among them: Is the trans-Baltic pipeline really necessary? READ MORE
Azerbaijan Arranges “Zurich-2” – Operation
Turkish State Minister Ali Babacan made an intriguing declaration in Brussels: "I was one of the authors of Zurich protocols signed with Armenia and there we reached a clear agreement that the Parties will discuss within historic committees the issues over the events of 1915. And we were ready to any results of these commissions activity". By this Babajan underlined, that Azerbaijan and other states were informed in details about Armenian-Turkish negotiations in Zurich: "I’ll say more, after we agreed with Armenia in Munich to sign protocols, I went not to Ankara, but to Baku, where I specified the position of Turkey on these issues to the President Ilham Aliyev". READ MORE
Ukraine's Election Clouds EU's Energy Future
There is little doubt that as president of Ukraine, Viktor Yanukovych will decisively shift the country's geopolitical posture, with Kiev once again moving closer to Moscow after its pro-Western and pro-EU turn of 2005. The potential consequences on the EU's energy future are serious, as 80 percent of Russian natural gas exports to Europe transit through Ukrainian territory. The country has been in repeated price disputes with the Russian state-owned gas monopoly, Gazprom, resulting in interruptions of deliveries to the Ukrainian market in January 2006 and 2009, with supplies to Europe affected both times. READ MORE
Delays In Turkish-Azeri Gas Deal Raises Uncertainty Over Nabucco
Turkey and Azerbaijan have proven unable to conclude their negotiations on natural gas cooperation, which have been in progress for over one year. Turkish-Azeri gas talks include several issues involving the revision of the price Turkey pays for its imports from Shah Deniz-I, the determination of the volume and price for its imports from Shah Deniz-II, and agreement on the volume and conditions for the transit of Azeri exports to Europe through Turkish territory. READ MORE
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
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
