Via the Washington Post, an article on Bulgaria and Serbia recent construction launch of the Bulgarian part of a gas link that is designed to diversify the energy supplies of a region that until recently was almost fully dependent on natural gas deliveries from Russia: The presidents of Bulgaria and Serbia on Wednesday launched the […]
Read more »Via Eurasia Review, commentary on how Serbia will get Russian oil in the future: In less than two months, the European Union is expected to cut about 90 percent of oil imports from Russia. The decision was announced back in May as a part of a sanctions package that was adopted in response to Moscow’s […]
Read more »Via Stratfor (subscription required), interesting analysis on the recent “political agreement” signed on Dec. 24 by Serbian President Boris Tadic and Russian President Dmitri Medvedev to construct the South Stream gas pipeline through Serbia. Additionally, as noted in the report, the Serbian delegation also signed a long-awaited agreement with Gazprom Neft while in MOscow for […]
Read more »As noted by Steve LeVine at his Oil & Glory blog, Vladimir Putin recently racked up another in a string of unbroken victories in the European Pipeline War as Gazprom purchased a majority stake in the state oil company, NIS, and joined Russia’s South Stream Pipeline consortium. Last week, Bulgaria signed onto South Stream as […]
Read more »Via a report by UPI, Russia has offered Serbia $1.5 billion for control of its oil industry and additional deals related to a gas pipeline and a gas underground storage. The deal would give Russia full control of Serbia’s gas and oil markets. I find this of interest in that it would give Russia a […]
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