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 […]
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 […]
At present there is a sense that the situation regarding LNG supplies to the European market appears favourable. A growing number of players are capable of supplying LNG to the market in stable and predictable quantities; the LNG trading system has shown relatively high flexibility and price adaptability in recent years, although the gain in […]
A ten-year transit contract between Gazprom and Naftogaz on supplies of Russian gas to Europe through Ukraine expires on December 31, 2019; all eyes are now on trilateral negotiations between the European Union, Russia and Ukraine. There have been heated discussions about Russian projects such as Nord Stream 2 and Turkish Stream that are attempting […]
As well as its beaches, the Croatian island of Krk is known for a range of tourist attractions: Krk town can trace its history back to Roman times, and the local winemakers are considered experts. The Croatian government has been itching to add to this image of the island for some time: a floating terminal for […]
The history of the diesel was never one to reach soaring heights. However, despite existing in the shadow of the petrol engine, for a long time diesel technology has maintained its importance on European roads as an economic and even, at least in terms of CO2 emissions, a more environmentally friendly alternative. The greater performance […]
Activization of the EastMed Gas Pipeline from Israel to Europe is becoming an important element of developing the situation in the gas market. In and of itself, the pipeline is a very complex project in a technological and engineering sense, with 1300 km of underwater route. Theoretically, this pipeline will secure European consumers’ access to the […]
A key factor in current gas policy is the fight for the European gas market, which is becoming increasingly politicized. It is very evident that this market requires substantial re-structuring, linked to the consequences of American sanctions policy and changes in the system of gas transport routes, even if not all the transport options announced […]
“Something is rotten in the state of Denmark”: this well-known phrase from Hamlet could just as well be addressed to the current Danish leadership – if not to Queen Margrethe herself, then to the Danish government. Copenhagen is yet again dissatisfied with the plans for building the Nord Stream 2 gas pipeline. The Danish Energy […]
– and How Europe Plans to Escape it America has been gripped by a gas export boom. The US launched a global project to supply liquefied natural gas to other countries in February 2016, and since then gas in volumes equivalent to 42 billion cubic metres (bcm) has been shipped to global markets in the form […]
In 2015, when Europe was actively looking for alternative energy routes after the Russia–Ukraine conflict broke out, one feasible option was to import natural gas from the rich Caspian fields via new pipelines. Back then Maroš Šefčovič, Vice President of the European Commission for the Energy Union, claimed that by 2019 natural gas would be […]
A new serious player is set to appear on the European commodity market in the near future: chemical giant BASF is merging its Wintershall oil and gas subsidiary with oil company DEA. The transaction will probably be closed in the first half of 2019.
The key players in the global gas market are facing the need for a serious review of medium-term and potentially also long-term plans connected to EU energy security, which are based on the possibility of creating a situation at least partly managed from Brussels, of competition between Russia, the US, and Iran for the right […]
