President Dalia Grybauskaitė and EU Energy Commissioner Guenther Oettinger discussed the progress made by Lithuania and all Baltic countries in integrating themselves into the EU's energy system and the creation of regional gas and electricity markets during their meeting in Vilnius on Friday.
BAKU – Azerbaijan and the European Union signed a deal Thursday that commits the Caspian country to supply Europe with "substantial volumes of gas" to implement the planned Southern Corridor of pipelines bypassing Russia, the EU said.
The European Nabucco natural gas pipeline project and its Russian competitor South Stream could merge, a U.S. diplomat said, in what would be a surprising turn to the years-long pipeline war.
BRUSSELS — Europe's efforts to diversify its sources of gas supply face a critical test early next year when Azerbaijan and some of the world's largest energy companies are expected to choose a buyer to take the biggest share of gas from a giant field they are developing in the Caspian Sea.
Russian Energy Minister Sergei Shmatko said the European Union is pursuing “too much” a policy of energy-source diversification and assured his country can provide “good and economically viable” supplies.
The Turkmen President Gurbanguly Berdimuhammadov and the Turkish President Abdullah Gul, who met the day before in the Caspian city of Turkmenbashi, expressed their intention "to develop cooperation in the sphere of supplies of Turkmen natural gas to world markets through alternative routes, the final joint communiqué, issued by the local media on Saturday, says.
The European Commission has no objections to Russia's proposed takeover of Ukraine's national gas company, despite warnings that it would harm EU interests.
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.
Azerbaijani President Ilham Aliyev received the delegation headed by EU Commissioner for Energy Günther Oettinger.