Energy security

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.

Alternative Gas Suppliers Face Overproduction in Russia

By Sergei Blagov

Russia's independent natural gas producers (IGPs) account for a growing share of domestic output, but they are now facing turbulent times amid the global financial crisis and the subsequent domestic economic downturn, as well as problems with sales and gas transit. The role of independent gas producers in Russia has increased over the past decade. Novatek and others have begun contributing significant volumes to the domestic market. In addition to the gas monopoly Gazprom, some 30 Russian companies produce more than 10 million cubic meters (mcm) a year.