The global economy has not simply proved to be in a recession, intensified by the coronavirus pandemic: it is confronted with the formation of new systemic political realities. The sooner these new systemic realities are transformed into a new economic understanding, the quicker and more effective the way out of the crisis will be. If […]
Monthly Archive: April 2020
In the autumn of 2019, Azerbaijan triumphantly reported that preparations for the Southern Gas Corridor (SGC) project were moving to their final stage: its launch was scheduled to take place by the end of 2020. However, everything may not be as rosy as Baku has been trying to suggest. The issue is not just the […]
In the last five years the Trans-Caspian Gas Pipeline (TGP) project has been considered one of the most important projects for Europe’s gas supply, both in a political sense and from the point of view of potential investment. Despite all its costs – primarily political and environmental – this project has been regarded by supranational European institutions as a […]
Energy policy worldwide is built on a peculiar combination of political, economic and financial interests. This is particularly true in the eastern Mediterranean region, where the lucrative European energy market is undergoing a major transformation while the countries of the Middle East are constantly searching for favourable alliances. The planned EastMed pipeline is a vivid […]
Poland has finally and irrevocably decided that after 2022 it will break free from the Yamal contract, under which it purchases natural gas from Russia. In the future, it intends to buy gas from Norway, the European Union, the United States, and Qatar. For now, however, the Baltic Pipe gas pipeline, through which gas will […]
Earlier this year the US energy major Exxon Mobil officially announced its intention to sell its 50% share in the Neptun Deep offshore project located on the Romanian Black Sea shelf. Although rumours of a sale had circulated since November 2019, no serious buyer has yet come forward. And here is why. Export issue still […]