Slovakia

Gazprom reduces gas transit via Slovakia

The nomination for the transit of Russian gas via Ukraine and Slovakia by the Uzhgorod corridor, which had been steadily more than 60 million cubic meters a day since the beginning of September, fell 17 percent to 49.7 mcm for Monday, Interfax reports. […]

No Picture
Opinion

Opinion: Breaking free from Gazprom is of political and economic benefit

Russian intervention in Ukraine has refocused the attention on the traditional military and security challenges, but the factors that made it possible for today’s Russian attempts to revise the European security architecture should not be forgotten. Primarily, this was the result of the processes in the energy sector that go forward only because of reasoned calls of a part of intellectuals for Europe to stop funding of Vladimir Putin’s regime. […]

Romas Švedas
Energy

Former energy vice-minister: Deal with Statoil gives Lithuania a trump card in negotiations with Russia

Last week, Lithuania signed a historic contract of liquefied natural gas (LNG) supply with the Norwegian company Statoil. Even if the price of gas set by Statoil will be somewhat higher than the one Lithuania pays now, it is important that, for the first time in history, the country has an alternative to Russian gas, says Romas Švedas, former deputy minister of energy and lecturer at the International Relations and Political Science Institute of Vilnius University (VU TSPMI). […]

No Picture
Energy

Lithuania’s gas security: Risks and opportunities

There is a long-held view that the Russian gas supply to Lithuania is unlikely to be cut-off because Lithuania serves as a gas transit state to the Russian territory of Kaliningrad. In other words, the same gas pipeline feeding Lithuania, also supplies the Russian enclave. According to this argument, Moscow would be hesitant to turn off the gas supply to Lithuania because it would result in an automatic cut in the gas supply to Kaliningrad. […]

No Picture
Energy

Winter and Gazprom won’t wait: What the geopolitics of LNG will mean for the people of Ukraine and Europe

As the crisis in Ukraine is escalating with the prospect of Russian military intervention, there is every reason to believe that Vladimir Putin will use other weapons at his disposal. Thus European nations are increasingly – and justifiably – worried about the impending winter months when Russia could ratchet up the pressure on Europe, as it has done in the past, by imposing another gas halt with the consequent loss of life and negative economic impacts. […]

Minister of Energy Jaroslav Neverovič
Energy

Russia unlikely to cut gas supply to Lithuania, energy minister says

Lithuania’s Minister of Energy Jaroslav Neverovič sees no reason for Russia, who has become subject to sanctions imposed by Western states, to take measures against Lithuania such as a gas embargo. […]

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Opinion

Opinion: What can stop Russia?

The sanctions of the West against Russia are followed by discussions about what effect they could have on further actions of Russia towards Ukraine. One side stresses that Putin and his closest environment understand only force, therefore the increasing sanctions are the best measure of scaring Russia from further aggression in Ukraine. […]

Gas
Energy

PM Butkevičius: Gazprom’s exit means Lithuania first in Baltics to unbundle gas sector

Gazprom’s decision to sell its Lithuanian assets could be due to the German energy group E.ON’s exit and the EU Third Energy package requirements, Prime Minister Algirdas Butkevičius said on Tuesday, adding that the Russian group’s withdrawal means that Lithuania will be the first of the three Baltic countries to unbundle the gas sector. […]