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The Power of Siberia and China’s Next Natural Gas Moves
The Power of Siberia and China’s Next Natural Gas Moves Gazprom’s Power of Siberia pipeline is more than two-thirds complete. It will be delivering gas to China by the end of this year. A second pipeline is still under discussion. A report yesterday from Alex Mercouris at The Duran noted some frustration from Chinaover the irregular […]
Gazprom’s New Strategy of Control: Recapturing the EU Gas Market
Gazprom’s New Strategy of Control: Recapturing the EU Gas Market Britain’s exit from the European Union is a huge blow to European project with potentially devastating implications for its’ latest flagship policy – Energy Union. The United Kingdom has been one of the strongest proponents of EU energy market integration, liberalization, and diversification. By […]
Impacts of Turkey’s Aggression against Russia. The “Turkish Stream” is Dead. Disruption of Gas Pipeline Routes to the EU. Russia’s Economy in Crisis?
Impacts of Turkey’s Aggression against Russia. The “Turkish Stream” is Dead. Disruption of Gas Pipeline Routes to the EU. Russia’s Economy in Crisis? “Regime change” in Ukraine engineered by the US State Department was largely responsible for the collapse of the “South Stream” gas pipeline project. Washington’s intent was to establish a de facto blockade […]
Out Of Gas: Gazprom Cuts Off Ukraine, Will Turkey Be Next?
Out Of Gas: Gazprom Cuts Off Ukraine, Will Turkey Be Next? Last month in “Pipeline Politics: Russia, Turkey Clash Over Energy As Syria Rift Shifts Focus To German Line,” we revisited Russia’s recent deal with Shell, E.On and OMV to double the capacity of the Nord Stream pipeline, the shortest route from Russian gas fields […]
Saudis Planning For A War Of Attrition In Europe With Russia’s Oil Industry
Saudis Planning For A War Of Attrition In Europe With Russia’s Oil Industry Russia’s central bank recently warned about the growing financial risks to the Russian economy from Saudi Arabia encroaching upon its traditional export market for crude oil. Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads […]
Nord Stream Two: Implications for Europe
Nord Stream Two: Implications for Europe Russia, Germany, and a consortium of Western European companies have re-activated the Gazprom-led Nord Stream Two gas pipeline project. Parallel to the existing Nord Stream One pipeline on the Baltic seabed, Nord Stream Two would double the system’s total capacity to 110 billion cubic meters (bcm) annually, all earmarked […]
Pipeline Politics: Russia, Turkey Clash Over Energy As Syria Rift Shifts Focus To German Line
Pipeline Politics: Russia, Turkey Clash Over Energy As Syria Rift Shifts Focus To German Line In June, we noted that Russia had signed an MOU with Shell, E.On and OMV to double the capacity of the Nord Stream pipeline, the shortest route from Russian gas fields to Europe. Here is a helpful visual: What you’ll note from […]
War Drums Beating: Bulgaria Blocks Russian Access To Its Airspace For Syria Flights
War Drums Beating: Bulgaria Blocks Russian Access To Its Airspace For Syria Flights On Monday we flagged a notable escalation in the build up to the geopolitical “main event” in Syria where, thanks largely to the West’s ambition to break Gazprom’s leverage over Europe, the US and Russia are one “accidental” run-in away from taking the “proxy” […]
Lack Of Alternatives Sees EU Sign New Russian Gas Deals
Lack Of Alternatives Sees EU Sign New Russian Gas Deals Several recent gas deals will tie Russia and Germany closer together. Russia’s Gazprom announced an agreement on asset swaps with European partners including OMV, BASF, E.ON, and Royal Dutch Shell. The deals will kick start the Nord Stream gas pipeline expansion and also give Gazprom a greater […]
In Major Escalation, Washington Demands Greece Blocks Its Airspace For Russian Flights To Syria
In Major Escalation, Washington Demands Greece Blocks Its Airspace For Russian Flights To Syria Last week, when reporting that at least according to the White House,Russian presence in Syria is no longer disputed, we said that regardless if Russian troops are indeed on the Syrian ground, this admission that the current Syrian state of play “effectively ends […]
Why Did Oil Prices Just Jump By 27 Percent In 3 Days?
Why Did Oil Prices Just Jump By 27 Percent In 3 Days? Oil prices have posted their strongest rally in years, jumping an astounding 27 percent in the last three trading days of August. While much of the recent price movement defies reason and is enormously magnified by speculativemovements by traders to take and cover their […]
Russia Taking Full Advantage Of Greek Crisis
Russia Taking Full Advantage Of Greek Crisis With Greece’s debt situation spiraling downwards, the European project is showing some cracks. The July 5 referendum could amount to a vote on whether or not Greece stays in the euro. In the meantime, the turmoil offers an opportunity for Russia to advance its interests. Of course, the […]
Ukraine Halts Russian Gas Purchases After Price Talks Fail
Ukraine Halts Russian Gas Purchases After Price Talks Fail It has been a bad day for deals and deadlines all around: first Greece is about to enter July without a bailout program and in default to the IMF with the ECB about to yank its ELA support or at least cut ELA haircuts; also the […]
Energy Security in the EU: Pipelines, Powers, and Political Relations
Energy Security in the EU: Pipelines, Powers, and Political Relations The Many Faces of Energy Security The term “energy security,” despite its pessimistic applications and loose definitions, is profligately used in policy circles and academic fields. Limiting disruptions of supply to broader definitions, which have political, economic, and/or environmental bearing, is common of energy security […]
