SOCAR VP – TANAP connects producers and consumers
by Kostis GeropoulosBAKU – Azerbaijan’s Sangachal, one of the world's largest oil and gas terminals on the coast of the Caspian Sea, is an impressive site. Located 45 kilometres south of Baku,...
View ArticleGASFALL
by Kostis GeropoulosGazprom is being forced to sign revised gas price deals with European consumers. Following a meeting of Gazprom Deputy Chairman Alexander Medvedev with PGNiG President Grazyna...
View ArticleDetour: Gazprom's South Stream bypasses Greece, Italy
by Kostis GeropoulosGazprom told New Europe the Russian gas monopoly will supply gas to Greece using the existing pipeline system. Gazprom was asked to comment on earlier reports it has shelved plans...
View ArticleKiev to avoid Russia-Ukraine gas crisis
by Kostis GeropoulosKiev does not see the possibility of a Russia-Ukraine gas crisis this winter, Valeriy Chaly, deputy director of the Razumkov Centre in Kiev and chairman of the Expert Council on the...
View ArticleGazprom strengthens its grip on Turkey
by Kostis GeropoulosA Gazprom deal to export natural gas to private companies in Turkey for 30 years indicates a change of strategy for the Russian gas monopoly, Gokhan Yardim, gas expert and former...
View ArticleRussia, China in gas price stalemate
by Kostis GeropoulosWhen I started writing this column six years ago, negotiations on sales of Russian gas to China was a key issue in energy relations between Moscow and Beijing. But the two sides...
View ArticleThe game is over for OPEC
by Kostis GeropoulosOn 12 December, OPEC agreed to retain its 30-million barrel-a-day output target and meet next on 31 May. But there was bickering among the Organization of Petroleum Export...
View ArticleGazprom, Novatek Go East
by Kostis GeropoulosGazprom has signed a deal to form a joint venture with Novatek to produce liquefied natural gas (LNG) for Asia. The Russian gas monopoly is accelerating a push to decrease its...
View ArticleGazelle, Nord Stream deal final blow to Ukraine
by Kostis GeropoulosOpening the Gazelle natural gas pipeline in the Czech Republic, which connects to Russia‘s Nord Stream, provides a vital energy source for the transportation of natural gas to...
View ArticleCompanies to stay in Algeria despite hostage crisis
by Kostis GeropoulosIn the wake of the recent Al-Qaida attack on an Algerian natural gas facility and the subsequent hostage situation, security at such facilities will be increased, but most...
View ArticleEgypt clashes help risk premium in Brent
by Kostis Geropoulos On 1 February, thousands of opponents of President Mohamed Mursi returned to the streets of Egypt, demanding his overthrow after the deadliest violence of his seven months in...
View ArticleEU to Gazprom: Bring it on!
by Kostis Geropoulos STRASBOURG – The European Union will pursue pragmatic co-operation with Russia but will not accept any exemptions for Gazprom from EU law, Austrian MEP Hannes Swoboda, leader of...
View ArticleRussia to help Iran but won’t get fooled again
by Kostis Geropoulos Following a recent meeting of Russian Energy Minister Aleksandr Novak and Iranian Foreign Minister Ali Akbar Saleh, Tehran offered Russian companies another chance to develop a...
View ArticleAzerbaijan’s State Oil Fund backs EU Southern Corridor
by Kostis GeropoulosBAKU - The State Oil Fund of the Republic of Azerbaijan (SOFAZ) will start financing the share of the state in the Trans-Anatolian Pipeline (TANAP) and “potentially” could finance...
View ArticleDialuce: Any new Italian government to support TAP
by Kostis Geropoulos ATHENS - The Trans Adriatic Pipeline (TAP) and the development of Europe’s Southern Gas Corridor will proceed regardless of Italy’s new government, Gilberto Dialuce, director...
View ArticleHost Poland gears up for tough UN climate talks
by Kostis Geropoulos WARSAW – Poland, the host of the 2013 United Nations climate change conference, has been concerned with the transition to a low CO2 emissions industry. Warsaw will assume a great...
View ArticleChina’s Xi may reach gas deal with Putin
by Kostis Geropoulos Xi Jinping, who assumed the presidency of China on 14 March, has selected Moscow as his first foreign capital to visit as president. Xi talked with Russian President Vladimir...
View ArticleSouth Stream lessens Gazprom’s interest in Ukraine
by Kostis Geropoulos MOSCOW - Russia may take part in a consortium to manage Ukraine‘s gas transport system (GTS) if its interests in this project will be well ensured, Russian Prime Minister Dmitry...
View ArticleSOCAR vs. Gazprom for EU routes
by Kostis Geropoulos BAKU – State Oil Company of Azerbaijan SOCAR is competing with Russian gas monopoly Gazprom for Greece’s public gas corporation, DEPA, which is being sold as part of Greece’s...
View ArticleLithuania, Gazprom reduce mutual distrust
by Kostis Geropoulos BAKU – Russia may face tough energy negotiations when Lithuania assumes the rotating EU Presidency in July. Vilnius is already planning to lessen its dependence on Russian gas...
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