Black Sea LNG Project Draws On Gas From Azerbaijan
During a meeting on September 13-14 in Baku, Presidents Ilham Aliyev of Azerbaijan, Mikheil Saakashvili of Georgia, and Traian Basescu of Romania, as well as Prime Minister Viktor Orban of Hungary, announced the launching of a liquefied natural gas (LNG) project. Designated as the Azerbaijan-Georgia-Romania Interconnector (AGRI), and linking up with Hungary, this is the first-ever LNG project in the Black Sea. READ MORE
Project with Unclear Fate
The question on the fate of the “South Stream” pipeline remains one of the key ones for Russian policy within the gas sphere. The alternative European “Nabucco” project remains its competitor; the issue, which pipeline will be constructed, can be solved already by the end of this year (the beginning of the accomplishment of one project can make another one unclaimed). At the moment the organizers of the both projects hold tensed negotiations with the Parties involved. In case of the “South Stream” we are talking about transit states, among which Bulgaria is the one which is potentially able to play the kind of role not only for Russia-Italian project, but also for the “Nabucco”. READ MORE
Trend Commentator: Europe Wastes Time And Gas
Azerbaijan has always been famous for its oil industry. In the last four years, it has been strengthening its position in gas exports. Azerbaijan's gas exports are as important as its oil and oil products. Proof of this can be seen in the recent signing of extentions to the contract for Azerbaijani gas supplies to Russia. They involve a doubling of fuel supply up to two billion cubic meters in 2011 and a further increase in 2012. READ MORE
European Commission To Probe Russia-Poland Gas Deal
The European Commission will study a Russian-Polish gas deal to make sure it complies with European Union legislation, European Commission President Jose Manuel Barroso said on following a meeting with Poland's President Bronislaw Komorowski. READ MORE
Ukraine May Give Russia Joint Control of Pipe to Cut Gas Prices
Ukraine is willing to give Russia joint control of a pipeline to southeastern Europe in exchange for access to natural gas supplies, Prime Minister Mykola Azarov said as the countries negotiate a gas venture. READ MORE
Global Warming To Boost Economic Power Of Cities In The 'New North' Which Can Unlock Natural Resources
Global warming will make cities in northern countries like Canada and Scandinavia the next big global economic powers, a senior academic has predicted. READ MORE
Russia, Azerbaijan to sign deal on boosting gas supplies
Russian gas giant Gazprom and Azerbaijan's state oil and gas company will sign a deal to increase supplies of Azerbaijani gas to Russia in 2011-2012 during the Russian president's visit to Baku on Thursday, RIA Novosti reported. READ MORE
Progress in Russian-Bulgarian gas negotiations
Russia and Bulgaria have established a framework of agreements regarding the Bulgarian section of the South Stream gas pipeline and new gas contracts. But the negotiation process is still far from over, write Ewa Paszyc and Tomasz Dąborowski for Polish think-tank the Centre for Eastern Studies (OSW) in a July commentary. READ MORE
The Azeri Turkish gas agreement - a new challenge for the EU
After a long process of negotiations, Azerbaijan signed three new agreements on 7 June, 2010 with Turkey for the sale and transportation of its natural gas to European countries via Turkish territory. The conclusion of these agreements has welcome in Brussels which sent its representative to the 17th Caspian Oil and Gas Conference held recently in Baku (2-3 June) to secure so that there can be no failure of its signature according to one EU representative in Azerbaijan. READ MORE
'Gas War' Between Gazprom And Belarus
The European Commission has called an emergency meeting. READ MORE
