Energy security

Brussels and Berlin promise to keep gas transit via Ukraine after Nord Stream 2 is built

Brussels and Berlin promise to guarantee the transit of gas via Ukraine after the Nord Stream 2 gas pipeline is constructed.

German Federal Ministry for Economic Affairs and Energy Peter Altmaier and European Commission Vice-President for Energy Union Maroš Šefčovič made the corresponding statement after the talks in Berlin on Monday, an Ukrinform correspondent reports.

The routes of the gas carriers were reoriented

By Arthur Dunn

As you know, Lithuania is the only Baltic country that directly buys LNG, since it has a floating Independence terminal, which costs 60 million euros a year for the country. To be able to qualify for EU financial assistance for the purchase of a gas storage vessel from the Norwegian company Hoegh LNG, Lithuania attempted to obtain recognition of Klaipeda Independence terminal as regional. However, it was not possible to reach an agreement with the other two Baltic countries on this issue, therefore the entire financial burden of the terminal's maintenance and servicing lies with Lithuania.

The issue of terms of gas transit becomes the most important for Russia and Ukraine

By D.Rozanov

The current conflict between Naftogaz and Gazprom was inevitable, as it is part of the process of divorce of companies on the eve of the end of the 2009 contract. However, everyone expected that it would start in 2019, but it happened a year earlier. Peacefully, the parties would clearly not separate.

Southern Gas Corridor Raises Significant Financing, but Still Faces Provocations

By Ilgar Gurbanov

On February 6 and March 15, the European Investment Bank (EIB) allocated loan packages of €1.5 billion ($1.8 billion) and €932 million ($1.14 billion) to complete the construction of the Southern Gas Corridor’s (SGC) two main segments, which will carry Caspian-basin natural gas from Azerbaijan to Southeastern Europe—respectively, the Trans-Adriatic Pipeline (TAP) and the Trans-Anatolian Pipeline (TANAP) (Eib.org, February 6; Azertag, March 17).