Miller

Two Lines of “South Stream”

By Tatyana Stanovaya

Longstanding confrontation between Russia and the European Union may end with the uniting of the Nabucco and South Stream gas pipelinesThe idea of possible uniting of two competing pipeline projects – “South Stream” and Nabucco – has been presented again: this was stated by the US Ambassador to Italy David Torn during the interview for Italian newspaper La Stampa. Earlier it was announced by the managers of Italian ENI. Russia treats the kind of prospect more than skeptic, although one shouldn’t ignore that in reality there is no absolute consensus on this issue inside the tandem.

Russia Plans Increased Energy Exports

By Sergei Blagov

Senior Russian officials have made clear that the country’s energy policies will continue to evolve around the nexus of ambitious export plans. The government pledged to make the country’s gas exports more flexible. Russia’s total gas exports will include 10 percent of liquefied natural gas (LNG) by 2020 and 15 percent by 2030, Prime Minister, Vladimir Putin, announced on September 17. The global demand for hydrocarbons will be increasing in the next decade according to Putin.

Project with Unclear Fate

By Alexey Makarkin

The question on the fate of the “South Stream” pipeline remains one of the key ones for Russian policy within the gas sphere. The alternative European “Nabucco” project remains its competitor; the issue, which pipeline will be constructed, can be solved already by the end of this year (the beginning of the accomplishment of one project can make another one unclaimed). At the moment the organizers of the both projects hold tensed negotiations with the Parties involved. In case of the “South Stream” we are talking about transit states, among which Bulgaria is the one which is potentially able to play the kind of role not only for Russia-Italian project, but also for the “Nabucco”.