The Turkish Stream pipeline is increasingly problematic for Russia. Even though it has recently agreed with Turkey on the route of the pipeline, it does not follow that deliveries will begin in December 2016 as stated by a Gazprom representative. … Continue reading →
Russia continues to play hardball with natural gas for the European Union, trying to get Brussels to sacrifice Ukraine in return for the promise of better relations with Moscow. This geo-economic and power-political jousting is conditioned by the fact that EU sanctions against Russia will begin to expire in three phases between March and July unless there is an EU consensus to keep them in place.
Continue reading →Incident The EU’s president Jose Manuel Barroso, visiting Baku with energy commissioner Guenther Oettinger, has signed an agreement with Azerbaijan’s president Ilham Aliev foreseeing the sale of “substantial volumes of gas over the long term.” But they did not publish … Continue reading →