Turkey, Turkmenistan Seek Alternative Gas Supplies
The Turkmen President Gurbanguly Berdimuhammadov and the Turkish President Abdullah Gul, who met the day before in the Caspian city of Turkmenbashi, expressed their intention "to develop cooperation in the sphere of supplies of Turkmen natural gas to world markets through alternative routes, the final joint communiqué, issued by the local media on Saturday, says. READ MORE
Is the U.S. Bullying Europe Into Cutting Ties With Iran?
Tougher U.S. and European sanctions against Iran might be hitting its economy, leading to fears of looming inflation and cuts in food and gas subsidies. But that doesn't mean the Islamic Republic is out of friends — far from it. Even the U.S.'s close allies in Europe have stopped short of cutting their relations with Iran, allowing it to continue its trade in oil and gas. READ MORE
Russia’s Message to Turkmenistan: Export Your Gas Anywhere Except Europe
On October 28, Turkmenistan’s Ministry of Foreign Affairs issued a statement strongly contradicting the Russian government’s views on the bilateral gas trade and on Turkmen gas export policy in general. The statement follows six days after Russian President Dmitry Medvedev and a governmental delegation held talks with President Gurbanguly Berdimuhammedov in Ashgabat. READ MORE
Austrian Ambassador: Azerbaijan Can Play Strategic Role As Exporting Country To Meet Europe’s Energy Needs
Trend interviews the Austrian ambassador to Azerbaijan Sylvia Meyer Kaibic on the eve of Austria's National Holiday - October 26 READ MORE
Belgian Firm Planning Surprise Twist In Nabucco Story
A little-known Belgian businessman says his company is poised to clinch a Compressed Natural Gas (CNG) deal with Turkmenistan in November in a potential setback for the EU's Nabucco and Russia's South Stream pipeline projects. READ MORE
Russia Plans Increased Energy Exports
Senior Russian officials have made clear that the country’s energy policies will continue to evolve around the nexus of ambitious export plans. The government pledged to make the country’s gas exports more flexible. Russia’s total gas exports will include 10 percent of liquefied natural gas (LNG) by 2020 and 15 percent by 2030, Prime Minister, Vladimir Putin, announced on September 17. The global demand for hydrocarbons will be increasing in the next decade according to Putin. READ MORE
Putin Looks Sour Loser On Nabucco
Russia seems to have lost its lobbying battle in Europe for its South Stream pipeline carrying gas and against rival Nabucco, which is planned to run from Azerbaijan via Turkey to the European markets. At present, Moscow seeks as a last resort to negate the availability of gas supplies to the Nabucco project in the Caspian basin. READ MORE
Lessons from Prague: How the Czech Republic Has Enhanced Its Energy Security
With regard to energy security in the European Union, it has become common knowledge that there are still two Europes. The security of energy is dividing the continent broadly along what used to be the Iron Curtain. The Western part has both effective and poorly functioning energy markets, but generally a fairly well balanced energy mix. In contrast, the Eastern part is almost the opposite; the region has accumulated and continues to confront many challenges. READ MORE
Nabucco: The Pipeline That Refuses To Die
What do big Eurasian energy pipelines have in common with U.S. military projects? Once they're proposed, they refuse to die -- they assume a life of their own, and haunt us until someone finally manages to drive a stake into their heart. And by that time, the chessboard has wholly changed, forcing everyone to adjust to a new set of rules.. READ MORE
Ukraine Minister Criticizes Russia Gas Pipeline Project
Ukraine's foreign minister said Thursday that one of Russia's most ambitious energy projects, the planned South Stream gas pipeline across the Black Sea to Europe, would be "wasteful, unnecessary and totally against the logic of modern economy." READ MORE
