Oil and Gas

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 […]

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The Trans-Caspian Gas Pipeline (TGP) project was conceived twenty years ago and in theory is capable of changing the energy market in Europe. However, for a whole range of reasons – from geopolitical to financial, economic and environmental – this important project for European energy security has stalled. And the prospects for supplying Turkmen gas, […]

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In September, Polish government spokesman Piotr Muller announced that Poland was prepared to offer Germany a replacement for Nord Stream 2, which is beset with problems. Poland has decided to use the situation to its advantage and to raise the profile of what is considered an alternative to project – the Baltic Pipe gas pipeline. […]

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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 […]

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A triumphant fanfare was heard in Israel in the middle of the summer: following on the heels of the authorities in Greece and Cyprus, the government had finally ratified the agreement on the construction of the EastMed gas pipeline. The pipeline is intended to deliver gas from the Israeli Leviathan deposit to European consumers.The agreement […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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