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
Russia and Croatia Resurrect Druzhba-Adria Oil Transport Scheme
Prime Minister Vladimir Putin of Russia and Jadranka Kosor of Croatia discussed the oil transportation scheme known as Druzhba-Adria integration during Kosor’s recent visit to Moscow. The trip marked Croatia’s accession to Gazprom’s South Stream project and opened the way for Russian energy companies’ expansion to the Adriatic coast. READ MORE
Chingiz Veliyev: Empty Pockets Push Romania to Fantastic Projects and a Fight with Kiev
The interview for Information Agency REGNUM Novosti with an independent Azerbaijani expert in fuel-energy sphere Chingiz Valiyev. 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
Belarus Got Into Energy Trap
The issue of oil customs duties has been left outside the framework of the Customs Union, and Belarusian authorities have finally surrendered to Moscow. READ MORE
Industry Warns Of Missing Links For Cross-Border Gas
Amid growing demand for natural gas, politicians are being urged to improve networks as a regional approach to cross-border connections is still "sadly missing," industry representatives told a Brussels conference. 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
Lithuania And Latvia Agreed To Continue Strengthening The Cooperation With Nordic Countries
During a working visit to Latvia on 23-24 February, Lithuania’s Minister of Foreign Affairs Audronius Ažubalis met with President of Latvia Valdis Zatlers, Speaker of the Saeima (Parliament) of Latvia Gundars Daudze and Latvia’s Foreign Minister Maris Riekstins. Bilateral relations, Eastern Neighbourhood policy, security, energy, transport and other issues were discussed during the meetings. READ MORE
Lithuania Will Strengthen Economic Cooperation With Turkey
"Lithuania is interested in the successful development of transport and energy infrastructure projects connecting the Baltic and Black Sea regions," President of the Republic of Lithuania Dalia Grybauskaitė said at the meeting with Turkish Minister for EU Affairs, Egemen Bağiş. READ MORE
Bulgarian Government Skeptical on South Stream Project
Gazprom CEO Aleksei Miller held talks in Sofia on February 16 “to activate work on the South Stream project in Bulgaria”. Bulgaria is the country most pivotal to South Stream. The pipeline is planned to run from Russia across the Black Sea to Bulgaria, and from that country to bifurcate toward central and southern Europe. READ MORE
