Energy security

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).