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Azerbaijan's official energy company SOCAR intends to borrow more than $20 billion (€15.5bn) over a five-year period to finance energy projects, the country's vice-president has said. The all-out effort aims to increase gas exports to Europe over seen by SOCAR (State Oil Company of Azerbaijan)...
The third and fourth sections of Russia’s “South Stream” will be completed by 2018. However, supranational structures in Brussels and their representatives in Berlin still cannot set forth a predictable and unified position on this project of undisputed geopolitical importance. ...
The Chief Executive of the South Stream Transport has brushed aside concerns over economic viability and technological challenges, stating that project to transport natural gas from Russia to the European Union is on schedule to be built by the end of 2015. “It’s a reality,” Marcel...
Construction of the South Stream pipeline in Serbia can start later this year, Serbian managers said. Dusan Bajatovic, director of Juzni Tok Srbija company, stated that all conditions for the construction of the transnational pipeline in Serbia have been fulfilled, so pipelaying can start before...
The South Stream Offshore Pipeline is the offshore component of the South Stream Pipeline System, which will deliver natural gas from Russia to Central and South Eastern Europe. It will directly connect European consumers to the world’s largest gas reserves to help secure Europe’s growing...
The announced restructuring of Serbia's natural gas monopoly will not impact the development of the South Stream gas pipeline. "Restructuring can only contribute to South Stream so that everything that depends on Srbijagas, and (a future) TransGas in particular, will be better and more efficient," said...
The construction of the Serbian section of the South Stream gas pipeline will commence at the end of this year. The announcement that construction would be moved forward from the expected start up in 2014, was announced in Moscow after a meeting between Serbian Minister of Mining Milan Bacevic and Chairman...
Press secretary of the CEO of Gazprom Sergey Kupriyanov has kindly allowed me to write about our brief communication on the export pipeline policy of Gazprom. According to Mr. Kupriyanov, Gazprom plans to export gas to Europe only by pipelines that it owns by at least 50%. Sergey Kupriyanov gave...
South Stream is an ambitious endeavor of Russia’s energy giant Gazprom to get direct access to the EU energy market. It is portrayed and criticized by some politicians in Europe as a “dangerous” gateway to a broader economic relationship with Moscow. Remarkably enough, Bulgaria, Serbia...
The visit of a high-level delegation from Gazprom headed by CEO Alexey Miller to Athens for talks with Greek stakeholders has led to an announcement concerning local and regional natural gas politics. Following discussions with the Greek Premier Antonis Samaras, Miller revealed that his company still...
