One of the most ambitious European energy projects, the $45 billion Southern Gas Corridor may be about to breathe its last, in spite of the ongoing effort to revive it. It has been beset by a disease that has been developing as quickly as a particularly pernicious tumor. While in spring, there was still hope […]
The point of no return has been reached: on January 25, a government-appointed commission reached an agreement to shut down all of Germany’s coal-fired power plants by 2038 at the latest. Since 2011, Germany has also been heading towards the denuclearization of its energy sector, which should be completed in 2022. This strong push towards greener energy sets an example for other countries, […]
After almost a year of suspense, the future of Romanian gas exports remains highly uncertain. Restrictive legislation adopted by the previous government in 2018 remains in force, while new steps to ease gas exports are proving incongruent with it. The Neptun Deep Standstill Perhaps most revealing is the lack of development in the Neptun Deep […]
The time for doubt has passed. A couple of years ago, international analysts predicted the impending departure of Russian oil companies from the European markets. Expectations were then replaced by confusion: why weren’t the Russians leaving? This question is in theory no longer current: it is obvious that the Russians are not leaving. On the contrary; […]
It seems that the Nord Stream 2 gas pipeline, which is being built on the bed of the Baltic Sea, will be finished at any cost,irrespective of the steps the US is taking on sanctions and possible difficulties for theoperating companythat are linked to this. Permission for laying the pipe has not yet been obtained […]
In the context of an increase in negative expectations of a serious crisis developing in the global financial market, ensuring energy security in socially and industrially key markets has become a question fundamental to preserving economic stability. These key markets now comprise East Asia, whose economic nucleus is China, and the European Union market. The […]
In giving up Russian gas for political reasons, Ukraine made the fatal error of not making contingency plans, and is now buying re-exported fuel from Europe at higher cost. Kiev tried to counteract this gross mistake with loud declarations that gas, including shale, would soon start to be extracted from its own deposits. According to […]
The political and economic steps that have been implemented recently to develop cooperation among states in the Caspian region testify to the possibility of forming a new globally significant centre of economic growth in the medium term. Politically, this meant the signing of the Convention on the Legal Status of the Caspian Sea. Economically, there […]
In order to control the specifics of supplies, the European Commission initially tried to obtain a mandate from EU countries for negotiations with Russia on the conditions for building the gas pipeline – but without success. According to EU legislation, these decisions remain with member countries and Brussels only has a consultative voice in this […]
Westinghouse, the American subdivision of Japan’s Toshiba specializing in the production of nuclear reactors for power plants had already long since gone into bankruptcy. Finally, the Brookfield Business Partners management company, headquartered in Toronto, announced just
When it was announced a few years ago that Europe would soon begin to receive gas from Mediterranean deposits, proponents of diversifying the energy sector rubbed their hands with glee. Plans for creating an effective competitive base to offset Gazprom’s virtual monopoly on European gas supply have long occupied the hearts and minds of those […]
Problems with laying the Baltic Pipe gas pipeline, which were already substantial enough, became even more acute as soon as Denmark held its first public consultation on its potential construction. More than three hundred residents and official representatives of the Danish municipalities through whose area the gas pipeline should pass took part in the consultation. […]
The Southern Gas Corridor (SGC) project and the related Trans-Caspian Gas Pipeline (TGP), which have been in the process of implementation since 2011 have again become the subject of discussion in energy and political circles, in which this is connected to the latest intensification of the gas conflict between Ukraine and Russia and a growing […]
Despite the ending of the winter peak in fuel consumption in European countries, the situation with gas supplies to Europe via Ukraine remains acute; this is apparent not merely in the fact that from 26 February to 1 March there was a real threat of Ukrainian gas reserves falling below 8 billion cubic metres (bcm), […]
