Robert M. Cutler

Archives for Poland

Ukraine’s new government, formed by President Viktor Yanukovych after he was inaugurated in March, this week affirmed that the country’s gas transportation network is for sale to no one, including Russian gas monopoly Gazprom. At the same time, Russia has made it clear that it is willing to cooperate with the European Union in any project to modernize the network, which includes more than 60,000 kilometers of pipe plus 71 compressed air plants and 13 underground gas storage facilities. Last year, it carried over three-quarters of natural gas exports from Russia to Europe.

Posted by Robert Cutler

The EU is taking its time in deciding what real policy actions to implement regarding the crisis over Greek finances and the eurozone, but publics in Greece and elsewhere are not waiting to express their disenchantment with national and supranational elites.

Posted by Robert Cutler

Statements by Azerbaijani and Turkish diplomats indicate that the two sides have reached an agreement in principle concerning the price that Turkey will pay for gas from the offshore Shah Deniz deposit for its own domestic consumption. With these signals, the two countries are on the road to settling issues related to conditions for Shah Deniz gas to transit Turkey to Europe through the Nabucco pipeline.

Posted by Robert Cutler

Viktor Yanukovych came first in the presidential elections in Ukraine, but Yuliya Tymoshenko has instructed lawyers to bring to the courts evidence of voting irregularities to put Yanukovych’s margin of victory under question. Even if the latter is able to muster a negative majority to oust her from office and form his own parliamentary majority, he may be forced to call new parliamentary elections. Nevertheless, he has already moved on the energy front through floating new proposals, if not yet able to offer them formally for legislative consideration. The elections in Ukraine change the odds also for other projects in the east-west energy corridor from Central Asia and the Caucasus to Europe.

Posted by Robert Cutler

Ukraine’s run-off election between Prime Minister Yulia Tymoshenko and rival Viktor Yanukovych, to be held on Sunday, may decide the future of a pipeline that could be used to deliver Caspian Sea oil to Europe, bypassing both Russia and Turkey.

Posted by Robert Cutler

Reconfiguring Nabucco

With the entry of Iraq into the mix of potential suppliers of natural gas for the Nabucco pipeline to Europe and the proliferation of alternative supply lines beyond the Russian-sponsored rival South Stream pipeline, the “classical” variant of the Nabucco pipeline is undergoing significant modification, just as it moves closer to final realization.

Posted by Robert Cutler