Obama Will Attend UN Climate Summit In Copenhagen
Obama has already shown commitment to the climate by leading a conference at the UN The White House has announced that US President Barack Obama will be attending the Climate Summit in Copenhagen next month, giving the negotiations fresh momentum. READ MORE
Turkey Is Key To Europe's Energy Diversification
Turkey can play a key role in overcoming existing hurdles to the realization of the Nabucco pipeline project, which will augment Europe’s energy security. In return the EU should assist Turkey on its path to EU membership. READ MORE
Azerbaijan Seeks Alternative Gas Export Routes: Sending a Signal to Ankara
“We are interested in exporting our resources through different routes,” Azerbaijan’s President Ilham Aliyev stated during his visit to Bulgaria on November 13. On the same day, he paid a short working visit to Sofia to meet his counterpart Georgi Parvanov and to sign an inter-governmental agreement on the transit of Azeri gas to Europe though the Black Sea. This was the third agreement signed with a foreign country during the past month. Previous agreements were signed with Russia and Iran. Analysts believe that these latest developments hint at Baku’s plans to diversify its export options and reduce its dependence on the so-called “Turkish route”. READ MORE
The Molotov-Ribbentrop Pipeline
Rügen is best known as a popular German tourist destination. But now the Baltic Sea island has taken on a new role as staging point for an energy project that is as ambitious as it is controversial: the Nord Stream gas pipeline from Russia to Germany. Next spring the first pipeline segments will likely be dropped to the sea floor in a line that will wind through Russian, Finish, Swedish, Danish and German waters—conspicuously avoiding the Baltic states and Poland. READ MORE
Russia Makes Surprise CO2 Pledge At Summit
Russia made a surprise pledge to cut back on CO2 emissions at a summit with the EU in Sweden on Wednesday (18 November). Russian diplomats said the country is ready to cut emissions by 20 to 25 percent below 1990s levels by 2020, up from a previous commitment of 10 to 15 percent. READ MORE
A Promising Land: Russian State Companies Expect Major Discoveries In Central Asia
Gazprom and Rosneft are accelerating exploration efforts in Central Asian onshore projects. Their experience may show that interesting opportunities exist away from the Caspian Sea oil and gas fields, where most of the business focuses on. 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
Southern Corridor, White Stream: The Strategic Rationale
White Stream, the proposed gas pipeline from Georgia to Romania on the seabed of the Black Sea, is intended to maximize European gas imports from Central Asia through the E.U.-initiated Southern Corridor. The Corridor grand design spans Azerbaijan, Georgia, Turkey, and –with White Stream– also a maritime route to European Union territory via the Black Sea. At its other end, the Southern Corridor is premised on a trans-Caspian link to Turkmenistan for massive European imports of Central Asian gas. READ MORE
The Caspian Comes To Europe
If EU policymakers and companies are not going to go to Caspian energy producers with serious offers for their hydrocarbons, Caspian producers will just have to come to the EU. That seems to be the message being sent by Azerbaijan and Kazakhstan as their state energy companies partner to build an oil pipeline heading West-ward. Plans for the so-called Baku-Black Sea pipeline were announced at the Atlantic Council’s Black Sea Energy and Economic Forum in Bucharest on Oct. 2 by Vitaliy Baylarbayov, Deputy Vice President of SOCAR, the state oil company of Azerbaijan. READ MORE
Gazprom In Europe: Russian Government Plans To Share Part Of Yamal Gas Resources
The Russian government plans to share bits of the giant Yamal prize with international companies. However, rather than a sign of liberalism, this represents an attempt to address the fundamental challenges that the expanding Gazprom is facing in Europe. READ MORE
