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February 22, 2012
Energy/All

Cyprus, Israel mull gas link

The historic visit of Israeli Prime Minister Benjamin Netanyahu to Cyprus last week moved forward cooperation between the two countries on developing gas deposits in their respective territories, with a pipeline linking their finds one possibility.
- Robert M Cutler (Feb 21, '12)

Nuclear math in meltdown

Whatever the public's fears following the meltdowns of Chernobyl and Fukushima, the nuclear power industry shows a remarkable ability to resurrect itself after each well-publicized disaster. Well-developed public relations helps, as does picking the "right" numbers, even when they are known to be wrong.
- Gayle Greene (Feb 15, '12)

Speaking Freely

The oil road goes through Damascus

Middle East oil transit routes are at risk from Islamist revolutions and Iranian threats. Instability all along the oil road is at its highest point in decades, and Syria's location as a potential energy path cannot have been missed.
- Ronnie Blewer (Feb 14, '12)

Bulgaria at the crossroads of Euro-Caspian energy plans

Competing projects to transport Caspian gas to Europe have put Bulgaria center stage, with US Secretary of State Hillary Clinton, a recent visitor, sending her Special Envoy for Eurasian Energy on a follow-up trip next week - just when Alexei Miller, CEO of Russian gas giant Gazprom, will also be in the country.
- Robert M Cutler (Feb 09, '12)

Gas enters post-Nabucco era

For more than a decade, Nabucco was the only pipeline project planned to transport Caspian gas to the European Union. Now Azerbaijan holds the main cards, with cash reserves to build a pipeline that Europe seems unable to finance, and coherent planning that eludes the Europeans.
- Vladimir Socor (Feb 09, '12)

Pakistan defiant on Iran gas pipeline

Pakistan, in defiance of increased pressure and intensified warnings from the United States, insists it will press ahead with construction of a pipeline carrying gas from sanctions-hit Iran.
- Syed Fazl-e-Haider (Feb 08, '12)

Confidence in Nabucco fades

Backers of the Nabucco project, with a decision imminent by Azerbaijan on which pipeline to match with the Shah Deniz gas field, are belatedly seeking to take a gas-producing company on board. That may not be enough to rescue the increasingly costly European project.
- Vladimir Socor (Feb 07, '12)

Uzbek gas bypasses population

Significant exports of gas lend some support to Uzbek President Islam Karimov's claims that his country's economy is growing strongly. Yet amid the general population, the norm is shortages of fuel - even gas - and electricity, as exports earn more than domestic sales.
- Deirdre Tynan (Jan 30, '12)

Southern gas corridor grows more complex

Signals from Azerbaijan that the building of the Trans-Anatolian Gas Pipeline (TAGP) will allow Baku to fill the Nabucco pipeline without the need for Turkmen supplies complicate the picture for southern Europe's energy corridor plans. TAGP gives Turkey the means to transit Azerbaijani gas to Europe without being bound by the rules of the larger project.
- Robert M Cutler (Jan 26, '12)

Kashagan costs surge

Developing Kazakhstan's offshore Kashagan oil fields was always going to be tough, but Western energy companies are now seeking a 22% increase in the development budget to double the initial estimate. The project's profitability may soon come into doubt.
- Robert M Cutler (Jan 20, '12)

Nuclear drive defies cloud

Japan is driving hard to build nuclear plants overseas, from India and Bangladesh to Turkey and Vietnam, as it competes with South Korea for contracts in spite of increased hostile perceptions of nuclear power in both countries following last year's Fukushima disaster.
- Suvendrini Kakuchi (Jan 19, '12)

Ukraine alone in Russia gas talks

The European Union is again letting Ukraine stand alone as it battles to secure lower-priced gas from Russia, whose Gazprom is now increasingly likely to muscle in on Kiev's plans for a consortium to upgrade and run Ukraine's gas pipeline network.
- Pavel Korduban (Jan 13, '12)

THE GREAT GAS RACE

Turkey plays paltry hand

Prime Minister Vladimir Putin's effusive thanks for "a wonderful Christmas gift" after Ankara agreed to Russia building the South Stream gas pipeline through Turkey's Black Sea exclusive economic zone were well justified. Little was asked by Turkey in return - and Ukraine may no longer believe in Santa.
This concludes a two-part report
Part 1: Gazprom races for EU loophole
- Vladimir Socor (Jan 12, '12)

THE GREAT GAS RACE

Gazprom races for EU loophole

Russia's decision to bring forward the construction start date for Gazprom's South Stream pipeline under the Black Sea has little to do with securing early completion. A late-2012 start may be enough to stymie European Union legislation that would limit Gazprom's role in Europe.
The is the first article in a two-part report.
- Vladimir Socor (Jan 11, '12)

Gazprom deal may ease Dhaka arms purchase

Gas well-drilling contracts awarded to Russia's Gazprom without a tender process and a production sharing clause should help ease Bangladesh's energy crisis. The deal should also help Dhaka secure a US$850 million credit deal to buy Russian military equipment.
- Syed Tashfin Chowdhury (Jan 09, '12)
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