Energy security

International Security and Its Influence on Fuel and Energy Complex of Caspian Region

Vladimir Yevseyev

Fuel and Energy Complex covers the sphere of mining and production of energy resources, processing, delivery and consumption of all types of energy. FEC of Caspian region that includes all Central Asia, Caucasus and Caspian Sea adjoining regions of Russian Federation and the Islamic Republic of Iran is pretty well developed and includes oil and gas industries, power industry grounding of thermal and hydroelectric power plants, and also a great number of coal and natural uranium fields in development.

RosGas AG to Control 20 Percent of Hungarian Gas Distribution

By Roman Kupchinsky

Barely nine days after the Hungarian gas trader Emfesz KFT announced that it will begin receiving supplies of 3 billion cubic meters annually from the Zug (Switzerland) based company RosGas AG, rather than the now inactive RosUkrEnergo (RUE) the Russian press reported that Emfesz has been sold to RosGas. Thus RosGas, a little-known company, now controls 20 percent of the Hungarian domestic gas distribution market.

Marathon of Prague Summits is Over

By Albert Dunn

Two of four summits held in Prague under the aegis of the EU attracted attention of world media the most: on the issues of Polish-Swedish initiative of Eastern Partnership and “Southern Corridor – New Silk Road”. Participants of these summits singed political declarations.

Two others concerned the cooperation of the EU with Canada and the problems of employment within the EU states.

Turkey: Washington’s Geopolitical Pivot

By F. William Engdahl

The recent visit of US President Obama to Turkey was far more significant than the President’s speech would suggest. For Washington Turkey today has become a geopolitical “pivot state” which is in the position to tilt the Eurasian power equation towards Washington or significantly away from it depending on how Turkey develops its ties with Moscow and its role regarding key energy pipelines.

Kazakhstan to control Caspian crude supplies

Kazakhstan plans to control the supplies of its crude through the Caspian Sea. Currently, the government is involved in difficult negotiations with its partners for a 51 percent control stake in the Kazakhstan Caspian Transportation System (KCTS,) the Kazakh Minister of Energy and Mineral Resources Sauat Mynbayev told New Europe. “By all means, 51 percent; we will not join that project, formally or informally, for anything lower that 51 percent,” he said.