BREAKING / Russia and Greece signed a deal today (19 June) for a section of the Turkish Stream pipeline across Greece, and Gazprom announced plans to build two additional stretches to the Nord Stream gas pipeline.
Russia's Gazprom has reaffirmed its plans to cut off gas transits through Ukraine to western Europe in 2019 and urged the European Union to speed up a decision on Russian gas delivery routes to ensure it receives supplies after that time.
To imagine that a project like Turkish Stream could ruin the Southern Gas Corridor is complete nonsense. Unlike the Gazprom project, the Southern Gas Corridor is about billions of dollars already being invested, Vitaly Baylarbayov, deputy Vice President of SOCAR told EurActiv in an exclusive interview.
At the Riga summit yesterday (21 May) Slovakia, Hungary, Bulgaria and Romania signed a Joint Declaration backing the idea of building the Eastring gas pipeline, designed to link Central with Southeastern Europe. However the name Eastring doesn’t appear in the document.
Bulgaria and Greece are hard nuts to crack when it comes to implementing EU energy legislation and integrating with the wider European energy market. These two countries illustrate the difficulties of building an Energy Union.
EXCLUSIVE / Mirek Topolánek, former Prime Minister of the Czech Republic, and President of the Council of the EU during the Czech Presidency in 2009, is now in charge of the promotion of the Eastring gas pipeline project, designed to link Central with Southeastern Europe. On a visit to Brussels, he explained the project to EurActiv.
The Trans-Adriatic pipeline (TAP), representing the European section of the Southern Gas Corridor (SGC) which will bring gas from Azerbaijan, has obtained an extension of the validity period of the project’s exemption from third party access to its pipe.
Politicians in Bulgaria tend to forget national interests. The end result is that there are no big energy-related projects on the Bulgarian horizon – either in the sphere of electricity or in the sphere of gas, Slavcho Neykov, energy policy expert, told EurActiv in an exclusive interview.
What is often missed when Naftogaz gets called a monopoly is that the firm was intended to be one by previous Ukrainian governments. Current reforms will make it compatible with EU law, the company’s CEO Andriy Kobolev told EurActiv in an exclusive interview.
The Trans Adriatic Pipeline (TAP), which will carry Azeri gas to European markets, and is seen as Europe's alternative to its reliance on Russia, is open to new shareholders, including Iran, a spokeswoman for the project said yesterday (8 April).
During a press conference with Vladimir Putin on Wednesday (8 April), Greek PM Alexis Tsipras expressed his country’s will to play a big role in the Turkish Stream pipeline project aiming to boost investments in the cash-strapped economy. EurActiv Greece reports .
The foreign ministers of Greece, Macedonia, Serbia and Hungary are due today (7 April) to meet in Budapest to explore their potential participation in Russian plans for the new Turkish Stream pipeline.
Due to worsening relations with Russia, its increasing dependence on China and fears of destabilisation, Turkmenistan is adjusting its foreign policy and trying to bolster its cooperation with the West in the field of energy and security, writes the Polish think-tank OSW in an analysis .
Ukraine has signed a new agreement to buy Russian gas over the next three months for $248 per thousand cubic metres, after paying $329 in the first quarter of this year, under the recently expired 'winter package', the Ukrainian energy ministry said today (2 April).
Russia will extend gas price discounts for Ukraine into the second quarter, the Kremlin website quoted President Vladimir Putin as saying Tuesday (31 March). But any further decisions would be taken in three months and depend on the price of oil.
Russian gas export monopoly Gazprom has bought the shares of its European partner companies in the South Stream gas pipeline company, namely Eni, EDF and Wintershall, for approximately $1 billion, thus becoming sole owner of the defunct pipeline.
Ukraine plans to stop buying Russian gas from 1 April, Ukrainian Energy Minister Volodymyr Demchyshyn said in a briefing today (23 March). The European Commission, which was mediating to ensure gas supplies to Ukraine over the summer, said it was “taking note” of the announcement.
The European Commission aims at concluding an agreement to supply Ukraine with Russian gas until Fall 2016, when an international court will issue a ruling on Moscow's pricing regime, a Commission official said.