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 […]
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 […]
According to assessments by experts, the situation in the EU’s energy market remains stable in the run-up to the winter of 2023-4. The continuing crisis in Ukraine and ongoing dependence on foreign energy suppliers including Russia and Qatar are of course having a negative effect.
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
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
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
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Germany intends to consistently and rigorously implement its plan for the development of its national energy sector, with a view to abandoning nuclear energy by 2022 and phasing out coal by 2038. The precise mix on which Angela Merkel’s government is betting for the next few years is made up of alternative energy sources and […]
Nord Stream 2 is at a phase in its development where there is virtually no doubt that it will be completed. The question is what the political and economic costs of launching it will be and whether it will be able to function fully in an economic and geo-economic sense. The outcome of current developments […]
