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THE GAS ELEMENT OF EUROPE’S ENERGY SECURITY

The theme of Europe’s energy security is a constant irritant in both EU–Russia relations and in relations among European elites. We should probably resign ourselves to the manipulative nature of discussions about European energy security, which are far from the real economic circumstances. With this manipulation in mind, we should focus on economic reality, which […]

Gas Production in Europe Continues to Fall

European gas production will continue to fall, according to the latest forecasts from the International Energy Agency (IEA). By 2024, analysts expect European output, including Norway’s, to drop by as much as 48 billion cubic metres (bcm) to just 202 bcm.  At the same time, the demand for natural gas will continue to grow. According […]

German energy is getting greener, but the price remains unclear

The environment was a crucial theme in Germany’s 2021 election campaign and predictably, the Greens want to make it central to the coalition agreement. What exactly the country’s new energy policy will look like, taking into account the country’s accelerated switch from coal power is however as yet unclear even to ministers themselves. It is […]

Recent Posts

Aerial photo of hydraulic fracturing equipment at sunset. (FRACKING)

US fracking – as green as it can be

The gradual emergence of key advanced economies from the stagnation of the pandemic is understandably increasing forecasts for energy consumption,

Oil tanker is passing through Bousphorus strait when it sunset.

Turkey may require a partner to develop Sakarya gas field

In 2020, Turkey’s President Erdoğan triumphantly announced the discovery of the “huge” new Sakarya field in the Black Sea, which was one of the largest finds in the world last

Baltic Pipe struggles to find enough gas

Whenever the Baltic Pipe project is mentioned, it is accompanied by the adjective “strategic”, to convey its importance. The project is a crucial part of extensive Polish ambitions

LNG terminal on Krk island aerial view

Does the FSRU on Krk float anyone’s boat?

Dobrodošli na Otok Krk! (Welcome to Krk!) Krk, the largest island in Croatia and the Adriatic has long attracted tourists with its favourable climate and wealth of monuments

fata morgana

Trans-Caspian Gas remains a pipe dream

according to Ashgabat and Baku, the final impediment to building the Trans-Caspian Gas Pipeline (TGP) – something Turkmenistan has been trying to achieve for over twenty

How manageable is the hydrogen transformation for Germany?

In order to protect the climate, Germany is entirely abandoning nuclear energy by 2022 and then, by 2038, coal-fired energy. Berlin regards hydrogen and all that is connected to it as a central element of the decarbonization process. A strategy reflecting this was approved and adopted by Chancellor Angela Merkel’s government last year. Energy Brief […]

Nord Stream pipeline groans under US pressure but doesn’t bend

German politicians’ faint hopes that the administration of new US president Joe Biden would replace wrath with favour have been dashed by an icy Transatlantic reality. Washington continues to take an intransigent stance and threaten European participants in the project with sanctions. But Berlin is still trying to withstand the pressure and save face, by […]

Norwegian LNG at Klaipeda ready to board

Lithuania’s energy ministry is making desperate attempts to free itself from the shackles of a contract it signed with Norwegian concern Equinor (formerly Statoil), which is disadvantageous in the extreme for Vilnius. The contract stipulates that Equinor will supply of four shipments per year of liquefied natural gas (LNG) at a price significantly exceeding the […]

No Clarity on Offshore Projects in Romania

2020 was a bad year for most businesses, and for offshore gas projects in Romania especially. Almost a year and a half after Exxon Mobil announced its intention to sell its 50% share in the Neptun Deep offshore project on Romania’s Black Sea shelf, a buyer has yet to be found. And despite the government’s […]

IAP provides Turkey sudden access to the European gas market

The question of guaranteeing Europe’s energy security through commercially profitable projects is a cornerstone to understanding the future configuration of the global energy market. This situation is creating new interest in even those energy programmes that cannot be viewed as economically sound. This in fact demonstrates that the global economy is preparing to emerge from […]

Troubled waves move across the Three Seas

The Polish geopolitical “Intermarium” project, known as the Three Seas Initiative (TSI) has been on the agenda for five years now and continues to periodically create powerful surges of information. However, Warsaw’s political – or rather propaganda – successes are proving to be substantially more modest than its economic ones. The dialogue that took place […]