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Turkmenistan: Ashgabat Energy-Reserve Controversy Continues To Flare

By Regis Gente

Are Turkmenistan’s energy reserve figures fudged or not? Just over a week after allegations first surfaced that the Turkmen government’s claims are grossly hyped, the controversy over Ashgabat’s export capacity is still flaring. Representatives of the firm that conducted the original audit are vigorously defending their reputation for thoroughness. Meanwhile, a whistleblower says he remains confident in the accuracy of his sources’ information. 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