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Archive - May 25, 2010

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A new impetus to the relations between the EU and its neighbours in the East

Lithuania will remain an active participant of the European Union’s Eastern Partnership initiative and will make every effort to ensure its successful implementation, Lithuania’s Minister of Foreign Affairs Audronius Ažubalis said at the Eastern Partnership Foreign Ministers’ Informal Meeting on 24 May in Sopot, Poland. READ MORE

End of Nabucco project?

By Grigory Kutovoy, President of Independent Energy Alliance

Signing an agreement with Austria the Russian side may start design work on South Stream project. According to Gazprom CEO Alexey Miller Russia will start supplies from the new pipe already in 2015. Remarkably Vienna - one of the gas destinations on Nabucco's way to Europe - prefers the competitor. Does the Western project for supplies of primary materials have a future after this turn of events? READ MORE