Energy security

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.

Dual Energy Conferences Focus On Pressing European Import Issues

By Bruce Pannier

Two energy conferences are taking place this week -- one in Bulgaria, the other in Turkmenistan -- that could result in major decisions being made on pressing issues surrounding European imports.

State officials and business representatives in both Sofia and Ashgabat will be discussing how to reliably transit energy resources -- mainly natural gas -- from locations in Asia to markets in Europe.

Declaration Of The Sofia Energy Summit

This is the full text of the Final Declaration of the Sofia Energy Summit, "Natural Gas for Europe. Security and Partnership", which was signed by 28 states and organizations from Europe, the Middle East, and Central Asia: Albania, Armenia, Austria, Azerbaijan, Bosnia and Herzegovina, Croatia, Czech Republic, the European Commission, the European Bank for Reconstruction and Development, Egypt, France, Former Yugoslav Republic of Macedonia, Germany, Greece, Hungary, Italy, Kazakhstan, Moldova, Montenegro, Qatar, Romania, Russian Federation, Slovenia, Serbia, Turkey, Turkmenistan, the Ukraine, USA.