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RosUkrEnergo

Project with Unclear Fate

By Alexey Makarkin

The question on the fate of the “South Stream” pipeline remains one of the key ones for Russian policy within the gas sphere. The alternative European “Nabucco” project remains its competitor; the issue, which pipeline will be constructed, can be solved already by the end of this year (the beginning of the accomplishment of one project can make another one unclaimed). At the moment the organizers of the both projects hold tensed negotiations with the Parties involved. In case of the “South Stream” we are talking about transit states, among which Bulgaria is the one which is potentially able to play the kind of role not only for Russia-Italian project, but also for the “Nabucco”. READ MORE

The Problems Of Yanukovych And Prospects For Ukraine

By Vasil Shparluk

The rise of Yanukovych to power will become another challenge for Ukrainian democracy. It's obvious, he won't promote it, as democratic values are strange for him by nature and during his activity within opposition, he has hardly changed his views on policy and democracy. History is full of examples, when democrats became autocrats and there are only few of them, when it happened vice versa. Right after the elections Yanukovych allowed himself to say that he would rule the country for the following 10 years. READ MORE

Analyst: Russia Pushing US Out Of Europe

US President Barack Obama "does not care very much" about security in Europe, Edward Lucas, who has been The Economist's Eastern Europe correspondent for more than 20 years, told EurActiv Slovakia in an interview. READ MORE

Europe urged to be 'visionary' with Ukraine

Experts from Washington have called on the EU to be more daring and propose closer ties with its large Eastern neighbour. But European Commission officials told that the current mood in Europe was not exactly in tune with such an approach. READ MORE

RosGas AG to Control 20 Percent of Hungarian Gas Distribution

By Roman Kupchinsky

Barely nine days after the Hungarian gas trader Emfesz KFT announced that it will begin receiving supplies of 3 billion cubic meters annually from the Zug (Switzerland) based company RosGas AG, rather than the now inactive RosUkrEnergo (RUE) the Russian press reported that Emfesz has been sold to RosGas. Thus RosGas, a little-known company, now controls 20 percent of the Hungarian domestic gas distribution market. READ MORE