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Energy security

Why Greece needs Azerbaijani money?

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By Maksim Tsurkov

It seems that Greece’s relations with the euro are coming to an end. The main question for us is how this may be reflected on Azerbaijan? READ MORE

Nuclear power in Europe

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Hungary’s deal to award up to €12bn in nuclear power contracts to a Russian state-owned company is facing a growing threat from EU regulators who have the power to block the project. READ MORE

Turkish Stream: A Bluff or Not?

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By Orhan Gafarli

During his visit to Ankara in December 2014, Vladimir Putin announced that South Stream—a large pipeline that would have carried Europe-bound Russian gas under the Black Sea and across Southeastern Europe—had been terminated. A major reason for South Stream’s cancellation was attributed to the exit from the project of Bulgaria, one of the key countries through which this pipeline would pass. Instead, Russia and its regional partners, including Turkey, are now discussing a new pipeline project—Turkish Stream, sometimes referred to as Turk Stream (Anadolu Agency Energy Terminal, December 2, 2014). READ MORE

A Troublesome Partnership

By Alexandr Gabuev

Fettered by Western sanctions, major Russian companies are looking for new opportunities in East Asia, pinning most of their hopes on China, the world’s second largest economy and Moscow’s closest political partner. And yet, private businesses and top managers of state-run companies are talking about numerous problems and risks stemming from the increased dependence on China. Minimizing them is a task that business and the government should tackle together. READ MORE

Balkan dam boom threatens Europe’s last wild waterways

More is known about rivers in the Amazon than Europe’s last wild waterways in the Balkans. But these unique ecosystems in southeast Europe could soon be gone, along with endangered species such as the Balkan lynx, if plans for over 2,000 dams go ahead, conservationists warn. READ MORE

Tevan Poghosyan: I hope that both sides will engage in a more constructive dialogue pursuing their mutual interests

Exclusive interview of the Member of Parliament of Armenia, “Heritage” fraction Mr Tevan J. Poghosyan READ MORE

Europe’s Eurasian Opportunity

By Michael Schaefer, Inna Veleva

The global energy system is changing fast, fueling widespread anxiety about so-called “energy insecurity,” particularly in Europe. The problem is not that the world is running out of energy resources. On the contrary, oil scarcity is less of a concern today than ever before, owing not only to energy-efficiency initiatives, like the European Union’s nearly zero-energy buildings policy, but also to rising competition between shale producers and traditional oil exporters. Continued technological progress suggests that renewable energies – from wind and solar to, perhaps, planetary winds – may ultimately supplant fossil fuels, anyway. READ MORE

Germany and the United States Are Missing the Bus on Infrastructure Investment

By Bartek Starodaj

“Germany is collapsing.” This was the headline of a recent provocative article in German news magazine Der Spiegel that criticized the sorry state of Germany’s infrastructure. And indeed, even as the U.S. economy appears to be growing strongly for the first time in seven years, and as Germany’s economy limps along, political leaders in both countries have resigned themselves to reducing infrastructure investment and delaying mounting maintenance costs. READ MORE

Europe confirms Azerbaijan’s exceptional importance

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Holding of the first meeting of the Southern Gas Corridor Advisory Council in Baku has various goals that include agreement on emerging issues and Europe’s political support for the project, which is aimed primarily at improving its own energy security. READ MORE

“Riga Process” moves ahead towards creating EU Energy Union

Lithuania’s Minister of Energy Rokas Masiulis paid a visit to Riga to take part in a conference on the creation of the European Energy Union. Latvia is currently presiding over the Council of the European Union. The Lithuanian energy minister says such union might contribute to dealing with issues which are given insufficient attention on the current EU agenda and which lack European-level support. READ MORE

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