• 4 minutes Oil Price Could Fall To $30 If Global Deal Not Extended
  • 7 minutes Middle East on brink: Oil tankers attacked off Oman
  • 11 minutes CNN:America's oil boom will break more records this year. OPEC is stuck in retreat
  • 14 minutes The Latest: Iranian FM Says US Cannot Expect To ‘Stay Safe’
  • 1 hour The Pope: "Climate change ... doomsday predictions can no longer be met with irony or disdain."
  • 1 hour Coal Boom in Asia is Real and a Long Trend
  • 2 hours The Plastics Problem
  • 17 hours China's President Xi To Visit North Korea This Week
  • 6 hours Hydrogen FTW... Some Day
  • 9 hours GM Considering Electric Hummer
  • 5 hours As Iran Nuclear Deal Flounders, France Turns To Saudi For Oil
  • 20 hours OPEC, GEO-POLITICS & OIL SUPPLY & PRICES
  • 23 hours Why Is America (Texas) Burning Millions of Dollars Per Day Of Natural Gas?
  • 19 hours Forbes: Giant Floating Solar Farms Could Extract CO2 From Seawater, Producing Methanol Fuel.
  • 13 hours The Magic and Wonders of US Shale Supply: Keeping energy price shock minimised: US oil supply keeping lid on prices despite global risks: IEA chief
  • 23 hours Fareed Zakaria: Canary in the Coal Mine (U.S. Dollar Hegemony)
  • 21 hours Hormuz and surrounding waters: Energy Threats to the World: Oil, LNG, shipping markets digest new risks after Strait of Hormuz attack
  • 16 hours Russia removes special military forces from Venezuela . . . . Maduro gone by September ? . . . Oil starts to flow ? Think so . .
Alt Text

The OPEC Outcast Fighting For LNG Dominance

Since leaving the Organization of…

Alt Text

How Clean Is “Freedom Gas”?

The LNG Industry has been…

Daniel J. Graeber

Daniel J. Graeber

Daniel Graeber is a writer and political analyst based in Michigan. His work on matters related to the geopolitical aspects of the global energy sector,…

More Info

Trending Discussions

Gas Just Part of EU-Russian Problems

The Ukrainian government postponed a natural gas price meeting with Russian President Vladimir Putin, who's slated to meet with European leaders later this week. Kiev said it wasn’t ready to go ahead with the tense negotiations that are a focal point of European energy security. Europe gets much of its natural gas from Russia, while transits feed both Ukrainian and Russian coffers. Though European leaders are still complaining about Ukraine's parliamentary elections, and the Kremlin now worrying over "color revolutions," an authority in Kiev say there are no signs of "a new gas war."

Contractual disputes between Ukraine and Russian natural gas monopoly Gazprom left downstream consumers in the European Union in the cold during the winters of 2006 and 2009. Those disputes sparked a diplomatic frenzy over various pipeline projects meant to diversify the European energy sector. By next year, a BP-led consortium working in gas-rich Azerbaijan is expected to pick between competing pipeline projects for European gas deliveries. This year, Gazprom started gas deliveries through its Nord Stream pipeline in the Baltic Sea and said in December that it, in theory, started construction of its South Stream pipeline though southern Europe.

Related Article: Ukraine and Russia Gamble over Europe's Gas Supply

Members of the European Parliament said Tuesday that certain projects like pipelines should get fast-track approval. A Portuguese lawmaker said such efforts would "set forth a radically new approach" to European energy projects that are "crucial" to a single energy market.

Last week, MEPs adopted a resolution expressing concern that Ukraine failed "a key test" with its October elections. Those elections were seen as "a step backwards" for the former Soviet republic. Kiev was called on to address political concerns in light of stalled association talks. Meanwhile, the Ukrainian government was tasked by the EU with finding a resolution to the status of former Ukrainian Prime Minister Yulia Tymoshenko. Dubbed the gas princess, Tymoshenko is serving time in jail on corruption charges stemming from her role in 2009 gas talks with Gazprom.

For the Kremlin, Putin later this week is expected to meet a hostile European crowd at a time when public frustration in Russia continues to grow. MEPs last week said Moscow will only be a strategic partner with the EU if it embraces democratic values. European lawmakers said they were frustrated with Moscow's "repressive measures" and called for an "end to the culture of endemic corruption, politically-motivated persecution, arrests and detentions." At home, meanwhile, Putin's advisers are keeping a close eye on the eastern border for any signs of "color revolutions" in the former Soviet republics, like Ukraine's Orange Revolution in 2004.

Related Article: UK Lifts Fracking Ban, Now What?

An analyst in Kiev said stalled talks with Russia shouldn't be seen as evidence of "a new gas war." Ukraine could experience a sea change in terms of domestic energy issues if shale reserves there prove lucrative. Russia, for its part, has two pipeline options to send gas to its European consumers in a way that avoids the contentious contractual issues that halted gas flows in the 2000s. For Europe, meanwhile, Caspian suppliers may provide a significance source of energy security once pipelines in the Southern Corridor start service in the coming years. But while dilution may be a solution to some of the regional woes, tensions along the eastern European corridor may be indicative of a broader geopolitical shift back to the 1980s.

By. Daniel J. Graeber of Oilprice.com




Download The Free Oilprice App Today

Back to homepage

Trending Discussions


Leave a comment
  • Ronald Wagner on December 21 2012 said:
    I am a big fan of natural gas from all sources. The Ukraine should develop its own biomass and biogas use while developing shale gas and waiting for pipelines from other areas. Pelletization of agricultural waste. Gas from trash, manure, sewage etc would all be useful in getting by. Pellets can be used in rural homes for heat in
    pellet stoves.

Leave a comment





Oilprice - The No. 1 Source for Oil & Energy News