Tagged: energy

Natural gas distribution network in Poland. Source: www.geoland.pl

Economy

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Gas conflict between Russia and Ukraine and its impact on the energy policy of Poland

Poland has been covering the majority, almost three quarters, of its earth gas consumption by supplies from the gas pipeline Yamal. Only the remaining third of raw material supply flows through Ukrainian gas pipelines. Therefore the cut of gas supplies for Ukraine, which the Russian concern Gazprom carried out in January 2009, didn’t have such an impact on Polish economy as on other countries dependent on Russian energy material supplies…

Pressure gauge on the main pipeline from Russia in the village Bojarka, Ukraine. Source: www. daylife.com

Economy

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Repeated dispute over earth gas between Ukraine and the Russian Federation

Like in recent years, relations between the Russian Federation (RF) and Ukraine ended in stalemate also this time at the turn of years. This yearʼs earth gas dispute has been lasting the longest and is at the same time the most dramatic one. Concurrently, itʼs marked by traditional statements about both sides fulfilling their commitments to consumers and blaming each other. The perfect image of relations is completed by the gas volume flowing into consumer countries because this isn’t agreed on contractually…

Priority projects of energy networks in the EU

Economy · Security

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The liberalisation of internal energy market in the EU

In September 2007, the European Commission introduced the third package of legislative proposals aimed at the EU internal energy market and his further liberalisation. In the centre of the Commission’s attention are primarily wider possibility for the consumer to choose a supplier, fairer prices, environment-friendly energy production and the security of supplies.The reason for the introduction…

Sofia, Monument of "Tsar - Liberator", the Russian Tsar Alexander II. Source: blogs.trb.com

Politics

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Russian Year in the Balkans

The year 2008 was proclaimed the Year of Russia in Bulgaria. Annually, Russian diplomacy strives to strengthen Moscow’s influence in some countries in this way. Although this way of bilateral contacts intensification may remind of Soviet-style campaigns, the results of the visit of the Russian President Vladimir Putin to Bulgarian capital Sofia on 17th and 18th January attest that, in contrast to Ukraine or Belarus..

Head Office of the Czech company CEZ in Prague. Source: www.financninoviny.cz

Economy · Security

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Strategic alliance CEZ – MOL

At the end of August 2007, the Czech Energy Company CEZ and the Hungarian Oil and Gas Company MOL proved, that even two (in the world scale) middle-sized companies from Central Europe can raise some excitement in the world media and among analysts. According to the capital value two times bigger Czech company agreed on a strategic alliance with the smaller partner, with the possibility…

Viktor Yushchenko, Angela Merkel and Vladimir Putin. Source: www.danas.co.yu

Economy · Security

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The achievements of Russian energy strategy

The Russian energy strategy has achieved several milestones in recent months. One of the achievements we can consider an agreement between Bulgaria, Greece and Russia to construct a pipeline between the Black and Aegean Seas, which made the project of Odessa-Brody- Gdansk line less viable. Other important point was a successful round trip of the Russian President in Central Asian states and signing…

Head Office of Algerian company Sonatrach. Source: www.visitoran.com

Economy · Security

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Natural gas cartel

In the beginning of 2007, the idea to establish a gas cartel in the manner of OPEC was brought to the table again. The proposition to the Secreatry of the Russian Security Council Igor Ivanov was presented in January by Ali Khamenei, the Supreme Leader of Iran. The idea to establish an institutional cover for gas producers is not new, and its main and first representative is the Russian President Putin…

The projected route of the Nabucco pipeline. Source: www.wikimedia.org

Economy · Politics · Security

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Nabucco, Hungary and joint European energy policy

The project of Nabucco gas pipeline, which in the future could make a step towards lowering the dependence on Russian supplies, has been drawn in plans for a few years. Its main supporter became the European Commission; based on warning signals of increasing dependence on small number of gas suppliers, it is searching for possibilities of partial diversification of natural gas origin and route…

Gazprom headquarters in Moscow

Economy · Security

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The role of intermediary companies in Russian-Ukrainian relations and implications for the countries of Central Europe

Since the beginning of the 1990s, intermediary companies have been operating in the sphere of natural gas purchasing between Turkmenistan, the Russian concern Gazprom, the Ukrainian side represented by Naftohaz Ukrainy company and Europe. Their background brings factor of corruption, interconnection with interest groups and more or less reiterating names into natural gas trade…

Druzhba pipeline capacity is 1,2 million. barrels of oil per day. Source: www.robertamsterdam.com

Economy · Security

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Potential owners of Transpetrol

Transpetrol is on the Slovak territory the only operator of the oil pipeline Druzba transporting around 10 million tonnes of oil from the Russian Federation (RF) with direction to the West. The company deals with transport of oil and its storage for its customers and for the Administration for State Material Reserves of the Slovak Republic. In 2005 the company transported the highest volume of oil…