For the first time ever, Gazprom officially expressed interest in using the Trans-Adriatic Pipeline (TAP) to deliver Russian gas to Europe. During the European Gas Conference in Vienna, on January 24, Gazprom deputy CEO Alexander Medvedev said that Russia’s upstream capacity is sufficient to export more than 100 billion cubic meters (bcm) per year of extra gas to Europe, but it faces an...

  The Presidents of Azerbaijan, Russia and Iran—Ilham Aliyev, Vladimir Putin and Hassan Rouhani, respectively—met in Baku, on August 8, and signed a Joint Declaration committing their countries to deepening cooperation on energy. In particular, the three sides pledged to collaborate on exploring oil and natural gas deposits, sharing technology on energy supply and...

Introduction The EU membership referendum that was held in the UK on June 23, 2016, resulted with 51.9% of the population voting in favor of the withdrawal from the European Union. Taking into consideration the 43 years’ long membership of the U.K. in the EU, this event is bound to bring about certain consequences for all the remaining 27 Member-States as well as for countries outside the Union. In...

Bulgaria has recently moved even closer to diversifying its sources of natural gas supply. This time, it seems it may be happening with less geopolitical grandeur and fanfare. After years of flirting with Russia over its monster pipeline projects on the Balkans, a 182-km long gas interconnector link with Greece may do the trick. The source? Most probably Azerbaijani gas. On 17 May, 2016, in the Greek city...

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