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"Gazprom" will receive the gas transportation system of Kyrgyzstan for $ 1

The authorities of the Russian Federation approved the draft intergovernmental agreement on cooperation in the field of transportation, distribution and sale of natural gas on the territory of Kyrgyzstan. The corresponding order was signed by Prime Minister Dmitry Medvedev. Under the terms of the transaction, "KyrgyzGas" will sell for $ 1 to "Gazprom" its subsidiary, with all the property. This deal is available for repayment in Kyrgyzstan before the Russian debt, and in return for investment in the Kyrgyz Russian monopoly gas transmission system.

Europe’s Reaction and Prospects of Russian Gas Pipeline Project

By Eva Lukas

Recently announced gas pipeline project “Yamal – Europe 2” has already obtained scandalous color. The decision of the Prime-Minister of Poland Donald Tusk to fire the Minister of State Treasury of Poland, who was responsible for fuel-energy complex – is the first clear reaction of Europe on this project. The reason for such decision was the signing of the memorandum between “Gazprom” and ”EuRoPolGaz” on the intention regarding the construction of  the gas pipeline “Yamal-Europe-2”. The experts state – this project is of propaganda and blackmailing character. The objective is to force Ukraine to cooperate in gas-transporting sphere on the conditions of “Gazprom”. However, there are also other reasons to lobby the new project –  growing energy and political significance of Russia for Europe. 

Gazprom Promotes the “South Stream” Intensively

By Mikhail Agadzanyan

The visit of the Russian President in Bulgaria, which was planned on the first decade this month, has been postponed. Nevertheless, it is expected that Vladimir Putin shall visit Sofia right after Turkey. Yet instead of the Head of Russian State Bulgaria shall be visited by “Gazprom” Chairman Alexey Miller who shall proceed with signing of the series of final investment treaties with East European partners of Russia on the “South Stream”.

Estonia wary of Nord Stream expansion

Estonian Defense Minister Urmas Reinsalu sent a letter to Estonian Foreign Minister Urmas Paet on Oct. 23 urging the government to refuse to allow the third and fourth lines of the Nord Stream natural gas pipeline project to run through Estonia’s Exclusive Economic Zone. Reinsalu’s letter comes just a month after the Russo-German project requested permission to perform studies on Estonia’s seabed. Estonia rejected a similar request in 2007 for environmental and safety reasons and on the grounds that hosting a strategic Russian asset could create a security threat for the Baltic country.