Russia has used the construction launch to demonstrate that it will not relinquish at least partial implementation of the project.
On 11 October, the CEOs of the state-controlled companies Rosneft and Transneft signed an agreement which sets out the rules for the co-financing of the development of pipelines used for exporting oil to China. Although the deal between Transneft and Rosneft is officially being presented as a compromise, it is in fact a great success for Rosneft
The key element of Chișinău’s diversification project is the construction of the Iasi-Ungheni pipeline, but it won't resolve problem before the end of the current decade.
On 8 October, President Vladimir Putin announced that Russia has provided economic assistance to Ukraine in the form of gas sales at a significant discount to make up the winter stock in Ukraine’s underground gas storage reservoirs (UGS). The gas discount, which Russia has presented as ‘assistance to Ukraine’, primarily benefits Gazprom.
Zainicjowana w maju 2011 roku, kilka miesięcy po awarii elektrowni atomowej w Fukushimie transformacja energetyczna RFN przedstawiana jest jako decyzja ostateczna, a ze względu na narzucone tempo zmian stanowi nową jakość w strategii energetycznej Niemiec. Głównymi jej założeniami są: rezygnacja z energii jądrowej do 2022 roku, rozwój odnawialnych źródeł energii (OZE), rozbudowa sieci przesyłowych, budowa nowych elektrowni konwencjonalnych i wzrost efektywności energetycznej.
In recent months Kyiv has been intensifying its efforts to diversify Ukraine’s gas supply routes with a view to reducing the country’s dependence on imports from Russia. One of the steps which Kyiv has taken has been to make the unprecedented decision to start importing gas from its Western neighbours.
The launch of gas production in Tajikistan (possibly at a level of several billion m3 annually) will be of fundamental significance for the country and will change the balance of power which has thus far been in place in Central Asia. Uzbekistan in particular stands to suffer.
On 26 June the Austrian holding, OMV announced that the consortium operating in Shah Deniz, the largest gas field in Azerbaijan, had not selected the Nabucco West project as its route for Azerbaijani gas to Europe. Despite there being no official information from Azerbaijan, it appears that the preferred route for gas supplies to Europe will be via the Trans Adriatic Pipeline (TAP).
The similarity of issues and geographical proximity have led the Visegrad 4 countries (V4) to undertake closer collaboration in natural gas policy, notably by agreeing on a common security of supply strategy, including regional emergency planning, and a common implementation of the Gas Target Model (GTM).
The largest German energy company E.ON, through its subsidiary E.ON Global Commodities has signed a contract with the Canadian company Pieridae Energy for the purchase of 6.5 billion m3 of liquefied natural gas (LNG) a year for 20 years beginning 2020. This volume amounts to 7% of Germany’s annual gas consumption. It is the first contract in history for supplies of such large volumes of gas from North America to Europe.