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Tag: energy

Dirigisme 2.0. The way to go for the region?

Most countries of Central and Eastern Europe that are now members of the EU developed impressively since the collapse of the centrally planned economy. Yet, Poland and other countries in the region still lack their own capital to compete on a global scale. The merger of Poland’s two state-owned refineries, Orlen and LOTOS, could illustrate a solution – selective state-ownership in crucial sectors.

Economic power is not shared equally across the European Union. Only one out of all EU companies in the Global Fortune 500 ranking is based in one of the new member states that joined the union after 2004. The remaining 112 companies are based in the “old” EU. Yet, as the case of a merger of two state-owned Polish oil companies shows, this unparalleled level of inequality is not being addressed by Brussels.

September 4, 2020 - Jakub Bartoszewski Michael Richter

Energy independence should be priority

Since independence, Belarus has not been able to overcome its total dependence on Russian energy supplies. With the construction of a Belarusian nuclear power plant, this dependence will only become stronger.

As is well-known, Belarus purchases crude oil from Russia and so far has earned good money from it. It imports Russian oil without any tariffs, and only after exporting the processed oil does it generate export duties, which are then transferred to its own budget. Prior to 2015 Belarus had transferred it to the Russian budget, but since the announcement of the implementation by the Russian Federation of the "tax manoeuvre" in the oil industry, Minsk requested compensation for its costs, mainly due to the ratification of the treaty on the establishment of the Eurasian Economic Union (EEU). As a result, Moscow agreed to allow export duties on oil products from Belarus to be transferred directly to the Belarusian budget through 2024.

September 1, 2018 - Tatiana Manenok

Energy union. Time for delivery

If the European Union’s ambition is to attain secure, sustainable, competitive and affordable energy for every European, member states should agree on how, when, and to what extent they would be ready to ensure energy solidarity and transparency among them. In the case of natural gas, this could well require strengthening the European Commission’s supervisory powers, at least for some time, in order to accelerate completion of the internal energy market and improving coordination of interactions with third countries, such as LNG exporters.

July 18, 2016 - Jarosław Ćwiek-Karpowicz

Bulgaria on course to diversify gas supply

Bulgaria has recently moved closer to diversifying its sources of natural gas supply. This time, it seems it may be happening with less geopolitical grandeur and fanfare. After years of flirting with Russia over its monster pipeline projects on the Balkans, a 182km long gas interconnector link with Greece may do the trick. The source? Most probably Azerbaijani gas.

June 2, 2016 - Kamen Kraev

Iranian gas in Georgia. A feasible option?

Over the past few months the Chief of Russia's Gazprom, Aleksei Miller, and Georgia’s Energy Minister Kakha Kaladze have been negotiating an energy deal between the two countries. The main issues on Georgia’s agenda have been its diversification plans and increasing energy consumption. Meanwhile, Georgia has not yet ruled out importing gas from Iran. According to Alireza Kameli, the Head of the National Iranian Gas Export Company, Georgian public and private sectors were interested in buying Iranian gas and Georgia and Iran have reached a preliminary agreement on the transportation of 500 mcm of gas to Georgia via Armenia. Georgia denied the statement, claiming that the two countries have not come up with any tangible agreement.

May 27, 2016 - Ilgar Gurbanov

Russia, Ukraine and European energy security

An interview with Natalia Slobodian, a National Centre for Strategic Studies energy expert living in Kyiv. Interviewer: Wojciech Jakóbik 

May 26, 2016 - Nataliia Slobodian

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