Economic sanctions imposed on Russia by the US and EU in response to Crimea’s annexation from Ukraine are beginning to ripple through the energy industry. The South Stream pipeline that would bring Russian gas to Europe bypassing Ukraine was scheduled to start up in 2015. However, the pipeline now faces legal problems as companies involved… Keep reading →
The EU Commission has intervened in construction of the South Stream gas pipeline on the grounds that deals signed between Russia’s Gazprom and seven European countries violate an EU law forbidding a company from acting as both pipeline operator and monopoly gas supplier. The EU energy commissioner will go to Moscow next month for talks… Keep reading →
A pair of proposed pipeline projects may bring more than 90 billion cubic meters per year of natural gas to European markets, but this will not undermine the rationale for developing the continent’s indigenous shale resources, which could offer a range of other economic and security benefits, says Eurasia Group global gas analyst Leslie Palti-Guzman.… Keep reading →
