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South Caucasus has the potential of becoming a stumbling block for both the EU and the EEU in terms of energy cooperation. For now the region remains on the bottom of priority list for both Europe and EEU countries, but in the future when the latter finalize their common energy policy, the South Caucasus may face intense competition from both neighbors....
On April 8, an international conference on the “External Dimension of the Energy Union” took place at the European University Institute in Florence under the auspices of the Robert Schuman Centre for Advanced Studies and the Florence School of Regulation . The conference was attended by senior officials of the European ...
... result, natural gas production increased by 40% from the 2005’s level, driving the costs of production down,-typical economy of scale! Today, when the US’ inventories are so abundant in natural gas what in turn pushes the price down, many energy companies withdraw from drilling and production: there is too much product and not enough demand. For this reason, natural gas futures have plummeted below 3$ and the current market can be visually represented by a typical contango curve. NYMEX ...
... trade relations with the USA and their adherence to monopoly practices with regard to upstream production makes American penetration to their markets less viable. Political tensions (especially with Russia under current sanctions) make cooperation in energy sector not only unlikely but virtually impossible. Thus, the USA in a way counters Russian pivot to Asia by expanding its sphere of interests to Africa whose incredibly fast urbanization rate already accounts for a greater proportion of middle ...
The Athens Energy Forum 2016 organized by the New York Times took place in the Greek capital on February 2–3. The Forum dealt with issues related to global and European energy, the geopolitics of transporting energy resources, the dynamics of oil and gas ...
... энергетической самостоятельности The outgoing year 2015 has shown that the model of “economic independence” proposed by the Baltics cannot, after all, set an example for the rest of Europe. These countries’ energy strategy remains extremely costly because it is overly politicised. Energy self-sufficiency is an illusion The energy strategy of the Baltic countries is underpinned by a single political imperative: to eliminate the “Baltic island” ...
... carbon markets based on the trade of emission permits among countries provided for flexibility in meeting national emission reduction commitments. Russia for instance took advantage of the Joint Implementation scheme which provided investments into energy efficiency, renewables and other low-carbon options. In a new agreement, market mechanisms prove to be difficult to define due to the bottom-up nature of mitigation, complexity and simply political differences in country positions. This is not ...
Although Russia signed an enormous energy agreement with China last year, evidencing growing ties between Russia and the east, there remains in Russia’s policies an underlying pull towards Europe. After canceling the South Stream pipeline project, in response to strong EU and U.S....
In the early 2000s, advancements in Russia-China energy collaboration were slow. Russia sought to maintain its standing as a dominant energy provider in European markets, while China searched for greater energy security among its energy suppliers. China consistently showed an interest in a cross-border ...
... EU’s more significant economic players are using a double standard—strong rhetoric against Russia in the security sphere contrasts with support for domestic companies to secure advantageous positions on the Russian market. To this end, energy companies, including BP and Shell, have received consent from the British and Dutch governments to pursue joint ventures with Russian energy firms despite London’s strong support for sanctions against Moscow. BP has already used this to ...
| U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements |
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| U.S. wants to deter Russia’s military and political activity |
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| U.S. wants to dissolve Russia |
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| U.S. wants to establish alliance relations with Russia under the US conditions to rival China |
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