A motion introduced by the Green group to oppose “projects of common interest” based on fossil fuels was rejected by a large majority of MEPs last week (March 14), but among those who supported it were MEPs who traditionally support Russia.
The European Investment Bank on Tuesday (6 February) approved its largest ever single loan to an energy project: the Trans-Adriatic Pipeline (TAP). The €1.5 billion grant will be used to bring gas from the Black Sea to the Mediterranean.
Azerbaijan, via its state energy company SOCAR, is ready to engage in Bulgaria’s gasification at its own expense. The statement was made by the President of Azerbaijan Ilham Aliyev on the occasion of a visit by the Prime Minister of Bulgaria Boyko Borissov to the central Asian country.
The European Investment Bank on Tuesday (12 December) delayed a decision on whether to grant a multi-billion-euro loan to a controversial pipeline, after the bank’s board insisted it needs more time to assess the project.
Turkey, a country poor in energy resources, has voiced its ambitions to leverage its geographic position by becoming an even more important crossroads of supply routes and a giant energy hub, saying this would “improve” the EU’s energy security.
Italy gave the green light for the construction of the Trans Adriatic Pipeline (TAP), one of the core projects of the Southern Gas Corridor. But activists in the Puglia region protested and asked that the pipe be moved further north.
Commission Vice-President for Energy Union Maroš Šefčovič told the Brussels press yesterday (13 March) about his visit to the US last week (6-9 March), which was also one of the first meetings of the EU executive with the new administration of Donald Trump.
The Southern Gas Corridor will start pumping gas from the Caspian Sea to Europe by 2020, its backers said yesterday (23 February), despite the risk of delays to this option for reducing dependence on Russia.
Gazprom's bid to tap into a pipeline meant to wean Europe off Russian gas threatens to undermine a pillar of European energy policy and slow plans to develop rival deposits in the eastern Mediterranean.
EU foreign ministers decided today (14 November) to start negotiating a comprehensive agreement with Azerbaijan, replacing the Association agreement proposed in 2010, which had omitted to take into account Baku’s view about the future of relations.
Major pipeline projects such as Turkish Stream and TANAP were the focus of the 23rd World Energy Congress which opened in Istanbul yesterday (10 October) in the presence of the leaders of Russia, Turkey and Azerbaijan.
The President of Azerbaijan said his country has never been stronger, more free and independent, in a speech following a referendum on constitutional reform held on Monday (26 September) and backed by over 91% of the population.
Azerbaijan said natural gas produced in the Absheron offshore gas field in the Caspian Sea could be exported through the Southern Gas Corridor. Until now it was planned that only gas from Shah Deniz 2, another offshore field, would be sent to Europe.
Vice-President for the Energy Union Maroš Šefčovič said he will visit Kyiv on 2 September to discuss energy reforms and lay the groundwork for trilateral talks with Ukraine and Russia that he hopes will help ensure uninterrupted gas supplies in the winter.
Greek Prime Minister Alexis Tsipras will focus on energy, transport infrastructure and migration, as he today (1 August) seeks to strengthen ties with Bulgaria and stabilise south eastern Europe after the failed coup attempt in Turkey.
Greece will not withdraw a bill amending the regulation of natural gas tariffs, despite warnings by Azerbaijan's SOCAR that it could jeopardise SOCAR's purchase of the Greek national gas grid, a senior energy ministry official said today (20 July).
Asked to comment on the eventuality of a rebirth of the South Stream gas pipeline, Energy Union Vice President Maroš Šefčovič yesterday (31 May) voiced doubts that the project would be commercially viable in the first place.