Courtesy of The New York Times, a report on the ambitious Nord Stream pipeline planned to run along the bed of the Baltic Sea, the Russian natural gas giant Gazprom is driving a political wedge between Eastern and Western Europe. As the article notes: While the Russian-German pipeline offers clear energy benefits to Western Europe, […]
Read more »Via The New York Times, news that Gazprom signed a general trade agreement with China National Petroleum Corporation during a state visit by Russian officials. As the article notes: “…The deal calls for the supply of nearly 2.5 trillion cubic feet of gas per year via two potential routes originating from Siberia. China has one […]
Read more »Via Bloomberg, a report that Turkmenistan’s willingness to ship natural gas to European partners if they build a pipeline across the Caspian Sea to transport fuel westward. As the article notes: “…We’ll be happy to work with European partners, should they choose to build a pipeline to our border,” Yagshigeldy Kakaev, director of state-run gas […]
Read more »Via Robert Amsterdam, a slightly dated analysis of Turkey’s strategic role in the region that has regained relevance in the face of the recent agreements signed between Russia & Turkey over South Stream access routes, and continued tension between Russia & Georgia. As the article notes: “…Turkey’s role in global affairs is defined by its […]
Read more »Via Oil and Gas Eurasia, a report that Gazprom is to buy controlling stake in Kyrgyz national gas company. As the article notes: “…Gazprom will acquire a controlling stake in Kyrgyzstan’s national gas company, following agreement between the Russian energy giant and the Kyrgyz government, the Central Asian republic’s ambassador to Moscow said on Wednesday. […]
Read more »Via The New York Times, an update on Austria, Bulgaria, Hungary, Romania, and Turkey’s decision to sign a transit agreement on the Nabucco pipeline, which would stretch 2,000 miles from the Caspian Sea to Austria through Turkey. This project would reduce Europe’s dependence on Russian gas but, despite this latest agreement, the project’s completion remained […]
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