Europe & Eurasia Energy News Articles for May 1, 2014
Weekly collection of energy news articles for the region. Click on the links for access to original publications
USAID/USEA ETAG Upcoming Events
June 2-3 USAID/USEA Southeast Europe Distribution System Operator (DSO) Working Group Meeting
June 4-5 USAID/USEA Dynamic Analysis Training
June 6 USAID/USEA Southeast Europe Cooperation Initiative Transmission System Planning Project (SECI) Working Group Meeting
June 9-10 USAID/USEA Black Sea Regional Transmission System Planning Project (BSTP) Dynamic Analysis Training Tbilisi, Georgia
June 11 USAID/USEA Black Sea Regional Transmission System Planning Project (BSTP) Working Group Meeting Tbilisi, Georgia
June 12 Joint Working Group Meeting: USAID/USEA Black Sea Regional Transmission System Planning Project (BSTP) & USAID/NARUC Black Sea Regulatory Initiative (BSRI) Tbilisi, Georgia
June 13 USAID/USEA Azerbaijan-Georgia-Turkey (AGT) Power Bridge Project Working Group Meeting Tbilisi, Georgia
Albania
Albania and Croatia discuss projects that will assist sustainable development – (Balkans) Prime Minister Rama and the Croatian Parliament Speaker Jozip Leko praised the excellent relations between our two countries. In addition, they agreed on mutual commitment to expanding and deepening these relations in the future by strengthening cooperation in areas of mutual interest such as energy…
1bn euro worth of electricity to be exported from Romania to Albania – (Balkans) Romanian Economy Minister Constantin Nita and his Albanian counterpart, Arben Ahmetaj, on Wednesday agreed on a contract of one billion euro worth of electricity per year to be exported from Romania to Albania, governmental sources told Agerpres…
Economy, Albania and Kosovo need a common market – (Albeu) Politician and businessmen got together in Tirana in the economic forum between Kosovo and Albania, which focused on increasing cooperation between two countries in the energy sector and attracting foreign investors…
Finally, there’s a gas pipeline to bypass Russia – (Business Day) The confrontation between Ukraine and Russia is helping to create an opening for another former Soviet state that wants to become a bigger gas supplier to Europe. Azerbaijan — nestled between Russia to its north and Iran to its south — hopes its geographic and geopolitical position will help persuade the Obama administration to offer more vocal support for a $45 billion natural gas pipeline that would connect the country’s Caspian Sea drilling operations to Europe via Italy…
Bulgaria
Bulgaria's Kozloduy NPP Cannot Export Electricity to Turkey – CEO – (Novinite) Ivan Genov, CEO of Bulgaria's Kozloduy nuclear power plant, has said that it cannot export electricity to Turkey. In a Sunday interview for the Bulgarian National Radio (BNR), he explained that unit 5 of the N-plant was undergoing a planned annual overhaul and only unit 6 was operational…
Bulgaria's Kozloduy nuclear power plant has said that it cannot export electricity to Turkey – (Balkans) Ivan Genov, CEO of Bulgaria's Kozloduy nuclear power plant, has said that it cannot export electricity to Turkey. In a Sunday interview for the Bulgarian National Radio (BNR), he explained that unit 5 of the N-plant was undergoing a planned annual overhaul and only unit 6 was operational…
Bulgaria’s Kozloduy NPP cannot export electricity to Turkey: official – (Focus) “Bulgaria’s Kozloduy NPP cannot export electricity to Turkey because unit 5 is under repairs at the moment and it is only unit 6 operating,” said Ivan Genov, executive director of Kozloduy NPP, speaking for the Bulgarian National Radio (BNR)…
Bulgaria's Electricity Production, Deliveries Increase in February – (Novinite) In February 2014, a monthly decrease of 22.2% is recorded for the production of solid fuels, the latest data on production and deliveries of energy products showed. Unleaded motor gasoline production dropped by 12.4% to 120 thousand tonnes, transport diesel…
Eurelectric urges Bulgaria to drop power licences threat – (Reuters) European power industry association Eurelectric urged the Bulgarian energy regulator to abandon moves to revoke the licences of distributors locked in a payments dispute it says could damage investment in the European Union's poorest country…
Reuters: European power industry association urges Bulgaria to drop power licences threat – (Standart) European power industry association Eurelectric urged the Bulgarian energy regulator to abandon moves to revoke the licences of distributors locked in a payments dispute it says could damage investment in the European Union's poorest country, Reuters reports…
Bulgaria’s SEWRC adjourns sitting over revoking of licence of the three electricity distribution companies (ROUNDUP) – (Focus) Bulgaria’s State Energy and Water Regulatory Commission (SEWRC) has adjourned its sitting over the revoking of the licence of Energo-Pro over its debts to the National Electricity Company (NEK), FOCUS News Agency reported…
Bulgaria's DKEVR Puts Off Decision on Power Distributors – (Novinite) The Bulgarian energy watchdog DKEVR postponed on Monday its decision whether to suspend permits of grid operators in the country. A new session on that matter is due to be held on May 12, as Expert.bg reported…
EVN Bulgaria Seeks Settlement with National Electricity Company on RES Dispute – (Publics) Electricity distribution company EVN Bulgaria Elektrosnabdiavane EAD (EVN ES) said it addressed the state-owned National Electricity Company (NEC) with a settlement proposal regarding a dispute on mutual debts running for the last two months…
EDCs must operate in Bulgaria as in their own countries: Energy Minister (ROUNDUP) – (Focus) “I support the opinion of the state regulator to postpone the decision on the request of the electricity distribution companies (EDCs),” Minister of Economy and Energy Dragomir Stoynev said in the town of Pazardzhik, a reporter of Radio Focus –Pazardzhik announced…
Bosnia and Herzegovina
Elektroprenos BIH Finally Starts Investment – (Energetika) This is just part of a total of EUR 130 million, which Elektroprenos was granted for its system and company operation in 2014. According to Cvjetko Žepinić, Director of System Operation and Maintenance…
Kermas Invests in First Wind Farm in Republika Srpska – (Energetika) Republika Srpska is a political entity in the state of Bosnia and Herzegovina ruled by Bosnian Serbs. According to Nezavisne Novine, the Trusina wind farm is planned to produce some 160,000 megawatt-hours…
Energy Prices in Bosnia and Herzegovina Fell in Second Half of 2013 – (Energetika) “The average price of natural gas for households, including all taxes, in the second half of 2013 amounted to 28.2 Bosnian marka (1 euro = 1.96 Bosnian marka) per gigajoule (GJ), which is 6.6 percent less than…
Croatia
Croatian president calls on EU to address energy needs of its east members – (Dalje) The Financial Times on Monday released the article headlined "EU must address energy needs of eastern members" in which the article's author, Croatian President Ivo Josipovic, comments on the European Union's energy and climate goals and suggests that the Union's new energy policy "needs to address the interests of its eastern members if it is to achieve its overall goals…
Guest post: EU must address energy needs of eastern members – (Financial Times) Earlier this year, the EU put forward its new energy and climate goals for 2030. The new energy policy has since proved to be a deeply divisive topic between industry and climate advocates, and political leaders and EU technocrats…
Closing conference for EU energy project held in Osijek – (Dalje) A closing conference for a EUR 1.27 million project of pursuing European energy and environmental policy by promoting renewable energy, energetic efficiency and energy-efficient transport, which involves partner-cities from Italy, Romania, Spain, Cyprus, Latvia and Bulgaria, was held in the eastern Croatian city of Osijek on Thursday…
Kosovo
KRPP PSC approves the Request for Proposals and Project Agreements – (Ministry of Economic Development) The Kosova e Re Power Plant Project Steering Committee, chaired by the Minister of Economic Development, Fadil Ismajli, convened for its regular meeting to discuss documents presented to the Project Steering Committee for endorsement. During the meeting, the Project Steering Committee approved the Request for Proposal and Project Agreements and requested their submission to potential investors…
Macedonia
Russia discusses gas supplies via Ukraine with Bosnia and Herzegovina, Macedonia, Moldova – (The Voice of Russia) Russian Energy Minister Alexander Novak and Gazprom Head Alexei Miller held consultations in Moscow on Saturday with representatives of Bosnia and Herzegovina, Macedonia and Moldova regarding ensuring transit gas supplies via Ukraine…
Russia, consumer states discuss gas supply via Ukraine –report – (Reuters) Russia's Energy Minister and the head of Gazprom discussed gas supplies via Ukraine with representatives of consumer countries Bosnia, Macedonia and Moldova on Saturday, Interfax news agency quoted the ministry as saying…
Romania
Romania's insolvent Hidroelectrica plans an over 85 million euro investment– (Balkans) Hidroelectrica, while still insolvent, planned investments of RON 377 million (EUR 85 million) for 2014, meant especially for updating technology and “historical” products. The company will finance its own investments, and the difference will be covered with bank loans, according to a report from Euro Insol, the power producer’s administrator…
Romania seeking energy independence – (Deutsche Welle) "fracking" in a big way to unlock that gas and guarantee energy independence. But local residents are worried about damage to the environment…
Romanian Nuclearelectrica sells EUR 15 mln worth of electricity on local power exchange – (Romania-Insider) Romanian state-owned company Nuclearelectrica, which runs the Cernavoda nuclear power plant, sold on Monday , April 28, energy worth RON 69 million (over EUR 15 million) on local power exchange OPCOM. The company got a 4.5 percent higher price compared to the asked level, reports local Mediafax…
PM: Romania will not exploit shale gas in next five years, but it needs to be energy independent from Russia – (Romania-Insider) Romania will not exploit shale gas in the next five years, but it is important that the country manages to secure energy independence, as well as for the Republic of Moldova, via domestic production, and by respecting environmental standards, said Romanian Prime Minister Victor Ponta…
Romania not to exploit shale gas in next five years: PM – (Global Times) Romania will not exploit shale gas at least in the next five years, yet efforts must be made to secure its energy independence by using the domestic production, Prime Minister Victor Ponta Thursday told the state radio station…
Romania will not exploit shale gas at least in the next five years – (Balkans) Romania will not exploit shale gas at least in the next five years, yet efforts must be made to secure its energy independence by using the domestic production, Prime Minister Victor Ponta Thursday told the state radio station…
Major energy consumers to be able to purchase up to 85 pct less green certificates (draft act) – (ACT Media) The major Romanian energy consumers will be able to purchase up to 85 percent less green certificates than they have had to up until now, shows a draft Government Resolution put to public debate by the Economy Ministry…
Serbia
Energy Community against Serbia – (Energetika) The Energy Community Secretariat submitted a Reasoned Request to the Energy Community Ministerial Council on Wednesday seeking its decision on Serbia’s failure to comply with gas unbundling rules of the Second...
Disputes between Elektroprivreda Srbije and Serbia’s Energy Ministry – (Energetika) In its last report, EPS said: “Once again, Elektroprivreda Srbije feels obliged to deny the claims made by the Ministry of Energy, Development and Environmental Protection. After making the accusations about EP...
EPS to Get Minority Shareholder, Aleksandar Antić Appointed Serbia’s New Energy Minister – (Energetika) Vučić deemed EPS as Serbia's most valuable state-owned company.“Privatization of the company would not be a good move right now. The best solution for Elektroprivreda Srbije is to have one of the leading…
Power Exchange in Serbia Established Before Year End – (Energetika) As for the significance of such exchange for the development of the local electricity market, Marko Čokorilo of EFT Group noted that the respective exchange would guarantee market transparency, while the price...
Armenia
Hikmet Çetin: “Armenia can participate in energy projects together with Azerbaijan” – (APA) Baku. Mubariz Aslanov – APA. “Everyone should acknowledge that the biggest threat to peace and stability in the Caucasus is Nagorno-Karabakh conflict”, said the Turkey’s former Minister of Foreign Affairs Hikmet Çetin in his speech at the Second Global shared Societies Forum in Baku, APA reports…
Y. Zakharyan is appointed Minister of Energy and Natural Resources, H. Manukyan-Minister of Justice, A. Grigoryan-Minister of Nature Protection – (ArmenPress) Today the President of the Republic of Armenia Serzh Sargyan signed decrees according to which he appointed Yervand Zakharyan the Minister of Energy and Natural Resources…
Former Yerevan Mayor Named Minister of Energy – (Asbarez) Former Yerevan mayor Yervand Zakharian was appointed Wednesday as Armenia’s new minister of energy and natural resources, Prime Minister Hovik Abrahamian’s press office reported. A corresponding approval was signed by President Serzh Sarkisian, his press service reported…
Yervand Zakharian appointed minister of energy and natural resources – (Aysor) By a decree of Armenian President Serzh Sargsyan, Yervand Zakharian has been appointed Armenia’s minister of energy and natural resources, the presidential press service reported…
Former Yerevan mayor appointed as new minister of energy and natural resources – (ARKA) Former Yerevan mayor Yervand Zakharian was appointed today as minister of energy and natural resources of Armenia. A corresponding decree was signed by President Serzh Sargsyan, his press service reported…
Azerbaijan
Azerbaijan-Georgia-Turkey Energy Bridge to start power interchange before 2016 – (Azernews) Power transmission within the Azerbaijan-Georgia-Turkey Energy Bridge can start in 2014-2015. "The power interchange within this energy bridge will start following the completion of commercial talks and settling all the legal issues," Deputy Energy Minister Natig Abbasov told Trend Agency. He further said Georgia will act as a transit country, and will also export the electricity…
Power interchange within Azerbaijan-Georgia-Turkey energy bridge to start before 2016 – (Trend) Power transmission within the Azerbaijan-Georgia-Turkey Energy Bridge can start in 2014-2015. Azerbaijani Deputy Energy Minister Natig Abbasov told Trend on April 25 that the power interchange within this energy bridge will start following the completion of commercial talks and settling all the legal issues…
Azerbaijan, Turkey and Romania co-operate to ensure energy security – (Energy Global) Azerbaijan, Turkey and Romania are co-operating to ensure the energy security of the region through all the project planned and implemented, said State Oil Company of Azerbaijan Republic (SOCAR) Romania General Manager Hamza Karimov…
Azerbaijan’s role in ensuring European energy security praised – (Azernews) Azerbaijani Prime Minister met Vice Chairman of the Council of Ministers and Foreign Minister of Bosnia and Herzegovina on April 29. Artur Rasizade and Zlatko Lagumdzija praised the role of Azerbaijan in ensuring the European energy security, as well as the country`s contribution to development of Bosnia and Herzegovina`s economy, AzerTag news agency reported…
A WORTHWHILE INVESTMENT IN ENERGY SECURITY – (Diplomatic Courier) Azerbaijan sent a brave and vital message to the international community on March 27th—a message the U.S. and the European powers would do well to acknowledge and applaud. As the Ukraine crisis deepened, the Baku government became the only post-Soviet state (apart from Georgia) to vote in favor of a UN resolution declaring Russia's annexation of Crimea illegal…
EU programme assists Azerbaijani State Agency to improve renewable energy environment – (EuroEast) Experts from the EU-funded energy programme INOGATE are visiting Azerbaijan on 29-30 April to provide assistance to the State Agency for Alternative and Renewable Energy Sources of the Azerbaijan Republic (SAARES), one of the key stakeholders in the area of renewables in Azerbaijan…
“Azerbaijan resolves not only energy, but also strategic problems of Europe” – (NewsAZ) “We need to understand that the geostrategic situation in Europe, taking into account the crisis in Ukraine, is changing. Azerbaijan is starting to play a crucial role”, Georgia’s ex-President Mikheil Saakashvili told journalists, APA reported…
Baku touts itself as alternative to Russian energy as Ukraine crisis deepens – (NewsAZ) America has a pint-sized ally that's working on a solution for easing tensions with Russia in coming years. Azerbaijan, a country on the Caspian Sea with legendary oil wealth, is building a natural gas pipeline to feed the riches of the Baku oil field to Europe in a move that will make other American allies less dependent on Russian supplies and more free to counter Russian territorial aims…
Richard Morningstar hopes Azerbaijan’s new energy projects will attract the U.S. and other countries – (APA) Economics. “The sinning of the final investment decision on Shah Deniz project should not be considered the completion of works. On the contrary, we expect more great works. We are pleased to work with Azerbaijan in this direction. Azerbaijan should further focus attention on the search for new deposits in the Caspian Sea”, said U.S. Ambassador to Azerbaijan Richard Morningstar addressing the first international Caspian Energy Forum-2014 in Baku today, APA-Economics reports…
Azerbaijan's role in European energy security discussed in US – (NewsAZ) A large-scale political forum "The changing landscape of natural gas" took place in Atlanta, the capital of the US state of Georgia, on 16 April. The forum was organized upon the initiative of the Georgia Institute of Technology. The forum was attended by US Secretary of Energy Ernest Moniz…
Capacity of Russia – Azerbaijan – Iran energy bridge can make 500MW – (ABC.AZ) Capacity of Russia – Azerbaijan – Iran energy bridge planned to be established by the Russian side can reach 500MW. According to the Iranian Mass Media, Alexander Novak, Russian Minister of Energy, said during his visit to Iran (he was received by President Hassan Rouhani) that Iran and Russia seek to connect their power grids through Azerbaijan in a way that a volume of 500MW of electricity is sent to Iran…
Georgia
Georgian Energy Ministry ready to transfer Kaztransgas-Tbilisi company to Kazakh side – (Trend) Georgian Energy Ministry is ready to transfer the Kaztransgas-Tbilisi gas distribution company to the Kazakh side. "I have repeatedly made statements about our readiness to return the management of the Tbilisi gas distribution company to Kazakhstan's Kaztransgas company," Georgian Deputy Prime Minister, Energy Minister Kakha Kaladze said…
Georgian energy minister meets with shareholders of TAP project – (Trend) Georgian Energy Minister Kakha Kaladze has held a meeting with the representatives of the shareholding companies of the Trans Adriatic gas pipeline project (TAP), Georgian Energy Ministry told Trend on April 23. During the meeting, the parties discussed the prospects for implementation of the project in cooperation with Georgia…
Georgia implements project on increasing opportunities for electricity export – (Trend) Georgian Energy Minister Kakha Kaladze, Finance Minister Nodar Khaduri and Chairman of the Steering Board of Georgian State Electric System, Sulkhan Zumburidze signed an agreement on April 29. Georgian State Electric System and its subsidiary, EnergoTrans will construct a high voltage substation of 550-220 KV and double circuit lines of 220 KV and 500 KV, according to the document…
Georgia begins construction of East-West gas pipeline section – (Trend) Georgian Deputy Prime Minister, Energy Minister Kakha Kaladze, director general of Oil and Gas Corporation David Tvalabeishvili and head of the Georgian mission for the U.S. Agency for International Development (USAID) Stephen Haykin will attend…
The economy isn’t everything, say Georgia’s green activists – (Democracy & Freedom Watch) A new movement has sprung up in Georgia in response to the government forcing through a gigantic hydro power project against strong popular resistance…
Moldova
Moldova to get gas supplies from Romania – (The New Zealand Herald) Moldova's prime minister says neighboring Romania will export gas to his country this year, reducing the former Soviet republic's dependence on Russia for gas. Iurie Leanca said: "We will have better tariffs. This means we will see diversity and energetic security." He attended an event Tuesday on the Romanian border with Romanian Prime Minister Victor Ponta…
Gazprom sees the risks associated with natural gas transit through Moldova because of the actions in the Ukraine – (allMoldova) This was stated in the Management Report of the Russian gas holding in 2013. It is noted that currently supply of a substantial part of “Gazprom” of the natural gas to the customers in Europe depends on the pipeline system, passing through the territory of Ukraine, Belarus and Moldova…
Turkey
Realization of Turkey's Energy Aspirations: Pipe Dreams or Real Projects? – (Brookings) Geopolitics in Turkey's neighborhood are rapidly changing. But for Turkey, these changes much be viewed through the lens of their growing need for energy. Gareth Winrow examines the goals and aims of Turkey's energy policy and the prospects for Turkey becoming a gas-transit state and gas-trading hub…
TURKEY'S FUTURE NUKE PLANTS TO CUT ENERGY BILLS – (Daily Sabah) If they had entered into service by now, Turkey's two prospective nuclear power plants could help the country reduce its energy import bill by $7.2 billion in addition to generating 32 percent of its electricity, a Turkish nuclear energy official said on Saturday…
Turkey strategic transit route for European energy markets with Ukraine crisis – (Daily News) Turkey is emerging as a strategic transit route for natural gas due to the uncertainty surrounding Ukraine following the country’s internal upheaval, according to experts speaking at an April 28 energy conference in Washington…
TURKEY'S ENERGY SECURITY DISCUSSED IN WASHINGTON – (Daily Sabah) Energy policy and geo-political incidents were discussed on the panel "Turkey's Energy Security Calculus: Aspirations and Realities," held in one of the most respected think tanks in Washington, the Brookings Institute. The panel was held within the framework of a U.S.-Turkey forum organized by the Turkish Industrialists and Businessmen Association (TÜSİAD)…
Turkey to become global energy hub: World Bank director – (Hurriyet Daily News) Turkey has a good chance of becoming an energy hub if it maintains the gains it made in the last decade, Martin Raiser, country director for Turkey of the World Bank, said on Friday. “Turkey has taken major steps in the past decade and nearly half of them were to…
Turkey's role as energy hub taking center stage – (World Bulletin) Turkey's central role in the face of changes in the global energy market has been more striking following the Ukraine crisis, London-based Global Resources Corporation President Mehmet Ogutcu has said…
WORLD BANK DIRECTOR: TURKEY TO BECOME GLOBAL ENERGY HUB – (Daily Sagah) Turkey has a good chance to become an energy hub if it keeps the historical achievements it made in the last decade, Martin Raiser, country director for Turkey of the World Bank, said on Friday…
Drought has exacerbated Turkey's energy deficit, says CHP's Oran – (Today’s Zaman) Opposition Republican People's Party (CHP) Deputy Chairman Umut Oran said that drought in recent months has exacerbated Turkey's energy deficit, in a written statement on Sunday. Oran drew attention to contradictory statements made by Energy Minister Taner Yıldız and Forestry and Water Affairs Minister Veysel Eroğlu last week…
Ukraine
A European Energy Executive’s Delicate Dance Over Ukraine – (The New York Times) LONDON — European executives, especially in the energy industry, have been notably wary of ratcheting up economic tensions with Russia over the Ukraine crisis. They see their business interests as too intertwined to risk stiffer sanctions…
Ukraine: Energy Law In Ukraine - Recent Developments In The Ukrainian Energy Market – (Mondaq) On 28 October 2013 the Ukrainian Parliament adopted the Law on the Operation of Ukrainian Electricity Market which aims to liberalise the currently highly regulated and rather uncompetitive electricity market of the country. The centrepiece of this law is the provision effectively abolishing the single buyer principle and replacing it with direct contracts between consumers and suppliers…
Sanctions Over Ukraine Cause Headaches in the Energy Sector – (The New York Times) Once a year, the chief executives of the world’s largest oil companies fly to St. Petersburg, Russia’s second city, for an economic forum and a rare chance to meet with President Vladimir V. Putin and his lieutenant in the energy business, Igor I. Sechin…
Ukraine’s energy minister says it is too early for three-party ministerial gas talks – (ITAR TASS) Ukraine’s parliament-appointed Minister of Energy and Coal Industry Yuriy Prodan sees no need in three-party ministerial talks between his country, Russia and the European Union until the differences between Russian and Ukrainian economic entities are settled…
Energy deals no quick fix to Ukraine’s problems, committee hears – (iPolitics) A Parliamentary committee investigating the political benefits of striking more energy deals between Canada and the Ukraine heard that the option won’t protect against Russian President Vladimir Putin’s plans involving Ukraine’s dependence on Russian energy…
Ukraine strikes 3.2 bcm reverse gas flow deal with Slovakia – (RT) Energy-pinched Ukraine has reached a deal to start reverse gas flows from Central European neighbors via an unused pipeline to Slovakia. Starting from October, Ukraine will import 3.2 billion cubic meters of gas…
Slovakia and Ukraine sign gas supply deal – (Energy News Live) Slovakia has signed an agreement with Ukraine that will allow the European Union to send gas to the latter nation via Slovakia. Under the Memorandum of Understanding (MoU), Slovakia will modernise the unused Vojany pipeline that will be capable of shipping around 22 million cubic meters of gas a day – or eight billion a year…
European Commission: Memorandum on gas supplies through Slovakia to enhance Ukraine's energy security – (Kyiv Post) The signing of a memorandum on reverse gas supplies through Slovakia will enhance Ukraine's energy security and help the country gain access to a variety of supply sources, the European Commission has reported…
Beneath the Ukraine Crisis: Shale Gas – (Global Research) Assistant Secretary of State for European Affairs Victoria Nuland, speaking to Ukrainian and other business leaders at the National Press Club in Washington on Dec. 13, 2013, at a meeting sponsored by Chevron…
Ukraine's failure to pay gas debt may cut gas supply to Europe - Russia’s energy minister – (RT) Ukraine’s growing gas debt may lead to the failure of the country’s transit obligations and the reduction of gas supplies to south-eastern Europe, said the Russian Energy Ministry…
Ukraine poised to sign gas supply deal – (Financial Times) Ukraine will sign a deal on Monday that will give it a gas supply lifeline from the EU in the event that Russia makes good on its threat to halt its energy supplies. The supply deal will be a race against time because core infrastructure will need to be in place before next…
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