An agreement between Bucharest and Moscow to construct an aircraft factory and airport in Romania has been scuppered by allegations of money laundering at an international level. The architect of the deal’s chequered past has also come to light. EurActiv Romania reports.
The EU wants to examine the contracts which Gazprom has signed with European companies, amid suspicions that the Russian state energy giant has imposed unfair prices which breach the bloc's trading rules, a German newspaper reported.
A new pipeline to double Russian gas flows to Germany will only go ahead if Russia does not cut off gas flows to Ukraine and eastern Europe, German Vice Chancellor Sigmar Gabriel told the Polish government on 29 January.
The European Commission wants the power to review energy deals between member states and countries such as Russia before they are signed, the bloc's top energy official said on Tuesday (26 January) - a move opposed by some states reluctant to cede control to Brussels.
On a visit to Brussels, Andriy Kobolev, the CEO of Ukraine’s state oil and gas company Naftogaz, met with EU officials and talked to the press, focusing mainly on the Gazprom-sponsored Nord Stream 2 gas pipeline project, designed to bypass Ukraine.
Bulgarian Prime Minister Boyko Borissov said the defunct project of bringing Russian gas across the Black Sea to the EU known as ‘South Stream’ should be transformed into ‘Bulgarian Stream’, with 100% Bulgarian ownership over the pipes.
EXCLUSIVE / Margrethe Vestager, the EU’s powerful competition commissioner, believes “everyone should thank the whistleblowers and investigative journalists” who uncovered the so-called ‘Luxleaks’ scandal and says she is “personally in favour” of country-by-country reporting on corporate taxation.
EXCLUSIVE / Gazprom stopped supplies to Overgas, a private Bulgarian gas distribution company in which it has a 50% stake. The surprising move prompted comments and provided insight into the broader strategies of the Russian gas monopoly in Bulgaria, and the local interests involved.
The ‘Visegrad Four’ countries (Poland, Czech Republic, Slovakia and Hungary) found a powerful ally at the EU summit which ended today (18 December) in the person of Council President Donald Tusk, who repeated most of their arguments against the Germany-favoured project.
Gazprom's Russian rivals will use the company's financial difficulties as an opportunity to break the giant's hold on the Russian natural gas sector, writes Stratfor, the Texas-based global intelligence company.
EXCLUSIVE / The issue of Nord Stream 2 will be discussed at the 17-18 December EU summit, but the exchange is unlikely to go very far because the countries opposing the project use legal arguments which are not widely accepted, analysts told EurActiv.
Seven EU countries wrote to the European Commission, asking for the Nord Stream 2 pipeline project to be stopped. The entire College of Commissioners will prepare the response, Maroš Šefčovič, Vice-President of the European Commission for Energy Union, told EurActiv in an exclusive interview.
Poland wants the European Union to ban the construction of a second pipeline to pump Russian gas to Germany under the Baltic Sea, alleging it undermines the bloc's strategic interests and violates competition rules.
A proposed pipeline to boost Russian gas supplies to Germany risks depriving Ukraine of more than $2 billion in transit fees, and runs counter to the EU's goal of reducing its energy reliance on Russia, a US official said today (5 November).
Gazprom has sent proposals to the European Commission regarding an out-of-court settlement of an antitrust case against the company, the Interfax news agency quoted a company official as saying today (21 September).
Slovak Prime Minister Robert Fico said today (10 September) that a deal between Russia's Gazprom and its European partners to expand the Nord Stream gas pipeline was a "betrayal" that would cost Ukraine and Slovakia a combined billions of euros.
Poland's conservative president yesterday (8 September) slammed a deal between Russian energy giant Gazprom, and several leading Western firms, to build a second gas pipeline under the Baltic Sea, saying it ignores Polish interests.
Gazprom and its European partners signed a shareholders' agreement on the Nord Stream-2 gas pipeline project that will run beneath the Baltic Sea to Europe, bringing Europe closer to Moscow's energy orbit.