Azerbaijani gas in Europe: from words to action
The year of 2013 can be really considered as a crucial, decisive and a historical year for the gas industry of not only Azerbaijan, but of the whole European energy market. Soon after the choice of Trans-Adriatic pipeline (TAP) in June as a route for transportation of Azerbaijani gas to Europe, contracts were signed in Baku yesterday on delivery of this gas to European consumers. READ MORE
Major events in Caspian countries' oil and gas industry
KazMunaiGas and Schlumberger agree to cooperate READ MORE
Eastern Mediterranean Gas in Focus
The issue of energy security is often cast with a rather narrow net inordinately focused on security of supply issues (with oil and gas typically at the forefront of this discussion). This bias is readily understood in practical terms. We understand simply and immediately an energy supply problem if we pull up to the gas pump and there is no product to put in the tank. So while supply security is admittedly an essential component of the energy security genre, a singular focus on this aspect alone skews a broader and more profound understanding of how energy, and particularly power, if denied, is part of the larger energy-security and for that matter human landscape. READ MORE
U.S : Pipeline decision makes great contribution to Southern Gas Corridor development
The United States sees the importance of the Southern Gas Corridor, said in statement of Acting Deputy Spokesperson of Department of State Patrick Ventrell. READ MORE
Ilham Aliyev: Europe to become main market for Azerbaijani gas
The cooperation in energy sphere is one of the most important parts of relations between Azerbaijan and the EU, Azerbaijani President Ilham Aliyev said on Friday at the joint press conference in Brussels, with the president of European Commission, Jose Manuel Barroso, the EU official website reported. READ MORE
Gazprom Withdraws from Tender for Greek Gas System
Russian Gazprom was poised to take over Greece’s Public Gas Corporation (DEPA), but has withdrawn from the tender literally on the last possible day. The final, binding offer was due to be submitted on June 10, but it did not arrive. Instead, Gazprom claims that the Greek government did not offer sufficient incentives for Gazprom to proceed with the acquisition of DEPA (Kommersant, June 11). READ MORE
Arctic Norwegian town looks north to Barents Sea oil and gas
As both Norway and Russia race to extract potentially vast amounts of energy from the Barents Sea, a small Norwegian town in the high Arctic could become the hub for a new era of oil and gas exploration. READ MORE
Why Ukraine needs Azerbaijan’s gas?
Offers by the Ukrainian side on Azerbaijani gas supplies to Ukraine are sounding more insistent each time. This is understandable: the times are changing, no alternatives are expected to hydrocarbons as an energy source in the foreseeable future, the demand for gas promises to grow in the future, and with it, the growth in prices is projected as well. Azerbaijan, once importing gas, now itself is a reliable supplier. The route for supply of Azerbaijani gas to Europe is about to be chosen, while Ukraine is still dependent on energy supplies. READ MORE
North Africa Instability Affects European Energy Security
The North African region has played a decisive role over the past few years in shaping global political agendas. It is the birthplace of the Arab Spring (Tunisia) and the region often most affected by Islamist terrorist groups in the wider MENA area. Terrorism impacts the energy security of the European Union, and has the potential to become a source of significant instability in the near future. READ MORE
Lithuania Wants to get Free of Energy Hegemony
Till 2014 Lithuania intends to build a terminal of condensed natural gas (CNG) in Klaipeda in order to reduce the dependence of supplies from (yet the only source) Russian gas. Meanwhile Russian gas giant Gazprom loses European market rapidly, giving the way to other suppliers, for example, Qatar and is concerned about the issues of terminal construction by Lithuania. READ MORE


