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News - Pipelines

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The Crepiscule of the Russian Gas Oligopoly

2014 will arguably be the most important year of the decade when it comes to energy security in the European Union (EU). No other year in the recent past has seen such an imposing shake up in Europe’s energy geopolitics; one which will inevitably see the build up to the coming and going of significant...

Bulgarian Government Approves South Stream Loan from Gazprom in Its Last Days

The state-owned Bulgarian Energy Holding (BEH) will approve the EUR 620 m loan it was offered by Russia’s Gazprom for the construction of South Stream in Bulgaria during a meeting currently held after 17.00 h EET, Capital Daily reported. The news comes as the government of Plamen Oresharski is...

Bulgaria Prepares Government Backed Funding for South Stream

Despite proclaiming that is has suspended all work on the South Stream pipeline, the Bulgarian government have been moving ahead to ensure that funding is in place to start construction on the portion on the pipeline which will cross through its territory after emerging from the Black Sea at Varna. Earlier...

Natural Gas Views from Greece

The 18th Roundtable with the Government of Greece, organized by The Economist on July 9th and 10th in Athens, touched upon several interesting aspects with regards to how major stakeholders view ongoing events in the natural gas sphere. First of all, the general director of the Russian National Energy...

Gazprom Subsidiary to Construct of Serbia's South Stream Section

Gazprom subsidiary, Tsentrgaz, had won a tender to build the Serbian land based section of the South Stream gas pipeline. In statement Tuesday, the Russian energy giant said Tsentrgaz had beaten four other companies from Russia and Serbia to win the tender launched this March. Tsentrgaz is a multifaceted...

Facilitating Energy Flows: “No place for Ideology”

In the wake of Austrian OMV's deal to build a branch of the South Stream pipeline to Austria, Ulrich Streibl, Senior Vice President Corporate Strategy, OMV, said there was no place for ideology in a decision like the one made by his company to participate in the pipeline which would deliver Russian gas...

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