One of the pillars of E.U. policy lies in the diversification of energy resources alongside the pursuit of member states towards greater security and sovereignty of their own hydrocarbons requirements. The region of South East Europe, strategically located between the Black and Mediterranean seas is of fundamental importance not only in the realization of offshore […]
The Global Oil&Gas Exhibition provides an important platform for stakeholders in the region to showcase their products and services. Meeting existing and future customers face-to-face is now more important than ever. The exhibition will give you the opportunity to strengthen existing relationships and create new ones, see new technological developments and innovations, discuss future business […]
The presidents of Russia and Turkey are expected to repair relations and revive a gas pipeline project at a meeting in St. Petersburg on Tuesday. There is, however, one key issue on the table, DW’s Andrey Gurkov writes. The revival of the Turkish Stream pipeline project is expected to be the concrete outcome of the […]
The Trans Adriatic Pipeline (TAP) AG has announced that the construction of the pipeline on the territory of Albania is progressing without delays. TAP AG tweeted that 87.5 percent of access roads and bridges in Albania have already been upgraded. TAP’s route through Albania is approximately 215 kilometers onshore and 37 km offshore in the […]
Iran’s gas plans for Caucasus Iran says it is preparing to triple gas exports to Armenia, start exports to Georgia and store its gas in Azerbaijan’s underground facilities. For now, Iran barters about 1mn m3/d of gas with Armenian power at 1 m3 per 3kWh. Iran said this week that the volume of the gas-to-power […]
Athens is turning to Sofia in an attempt to re-establish its position in the region, top policy expert tells New Europe. Greece and Bulgaria agreed to boost energy security in the Balkans in the framework of the European Union, during Greek Prime Minister Alexis Tsipras’ visit to Sofia on August 1. Tsipras met with his […]
Turkey’s role as a key strategic energy actor in its region is expected to continue without much negative impact from July 15 failed coup, experts told Anadolu Agency Wednesday. “Turkey’s regional energy role remains a key element of Turkey’s economic dynamism,” said David Merkel, a senior fellow at Dinu Patriciu Eurasia Center of the Washington-based […]
On 29 July, the Trans Adriatic pipeline (TAP) consortium announced that 14 000 pipes have already been delivered to Greece and Albania for the construction of the Trans Adriatic gas pipeline. This figure amounts to approximately 30% of all of the pipes that will be used on the construction project. However, according to UPI, a […]
A German bank loan of 50 million euros opens the way for the construction of 126km high voltage 400kV line from Elbasan in Albania to Bitola in Macedonia, designed to integrate the energy trade in the region. Albania’s government on Tuesday will sign an agreement for a loan of 50 million euros with the German […]
Azerbaijan’s state energy company Socar is running into problems concerning its stake in Greece’s natural gas grid operator, Desfa, with the Greek parliament expected to vote imminently for a crucial change concerning the value of Desfa. As a result, Socar is expected to send a delegation of senior officials to hold talks in Athens this […]