Lithuania should choose between a liquefied natural gas terminal and a gas link to Poland, as both projects would not pay off, Poland's Foreign Minister Radoslaw Sikorski has said.
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.
During a meeting on September 13-14 in Baku, Presidents Ilham Aliyev of Azerbaijan, Mikheil Saakashvili of Georgia, and Traian Basescu of Romania, as well as Prime Minister Viktor Orban of Hungary, announced the launching of a liquefied natural gas (LNG) project. Designated as the Azerbaijan-Georgia-Romania Interconnector (AGRI), and linking up with Hungary, this is the first-ever LNG project in the Black Sea.
The European Commission will study a Russian-Polish gas deal to make sure it complies with European Union legislation, European Commission President Jose Manuel Barroso said on following a meeting with Poland's President Bronislaw Komorowski.
Azerbaijan, Georgia, and Romanian are jointly launching a liquefied natural gas (LNG) project, designated as the Azerbaijan-Georgia-Romania Interconnector (AGRI). The three governments regard their project as an element in the EU-planned Southern Corridor for Caspian gas to Europe.
Azerbaijan, Georgia and Romania signed a memorandum on cooperation in gas sphere in Bucharest, SOCAR Representation in Romania said .
The Russian government plans to share bits of the giant Yamal prize with international companies. However, rather than a sign of liberalism, this represents an attempt to address the fundamental challenges that the expanding Gazprom is facing in Europe.