The shale gas fever which has changed the U.S.gas market in a decade is approaching Europe. Initial test drilling for shale gas has already been taken place in Poland and Hungary and now moves toward Romania, Ukraine and Bulgaria.
The main trend of the strategy for export of Kazakhstan’s energy resources is ultimate diversification of its roads, therefore oil export to Europe is in compliance with the country‘s interests.
Today the gas pipeline Nabucco is probably the most important Western energy project in Eurasia. If implemented, it would significantly reduce energy dependence of the EU on Russia. Therefore Nabucco acquires a wide geopolitical dimension exceeding its possible economic benefit.
Vadim Volovoj, expert of the Centre for Geopolitical Studies 2010 02 26
In 2000 Xia Yishan, an expert of the China Institute of International Research wrote: „Russia has huge oil and gas stocks in Siberia and Far East, and China‘s demand for oil and gas is increasing and, thus, creates the background for China and Russia‘s cooperation in this sphere“. The survey of the Council of Foreign Affairs of 2006 says: „For Russia, a large oil exporter, the neighboring China with the growing economy appetite is a huge market. Thus, it is nearly a perfect marriage of convenience“.
By the end of the year talks about the „gas wars“ between Russia and Ukraine resumed and they can affect the European states which are not involved in the dispute. Europe doesn’t feel safe and is focused on the three new projects which are to diversify the pipeline network to the Old Continent: Nord Stream, South Stream and Nabucco.
European states are not able to use the annual natural gas quotas stipulated in the contracts with Russia‘s concern Gazprom. During the first half of this year Western European states bought about 29 percent less gas from Russia than it was planned (the amount of the non-purchased Ukraine‘s gas, which could improve the above indicator, is not included). According to analysts of Kommersant, Western companies forecast that gas consumption might remain low until the year 2013.
Despite the Baltic States‘ protests, the gas pipeline Nord Stream project is gaining impetus. Several states have already permitted construction of the pipeline via their territorial waters. They were not frightened by warnings that Russia might impose its dictatorship in the Western Europe and that the pipeline was an environmental hazard.
On 26 June „Belarustoday.ru“ announced that vice Prime Minister V.Semashko said that Belarus has chosen the Russian reactor VVR-1000 for its new nuclear power plant. According to him, these are one of the most reliable reactors in the world and are operating in Russia, China and are planned in Iran and India.
Russia in the Kaliningrad Region and Belarus at the Lithuanian border plan the construction of new power plants.
On 27 August of the last year Rosatom released information that the head of the Federal Atomic Energy Agency S.Kirienko signed the order „On the Construction of „Baltyskaya NPP“ in Kaliningrad Region.
On 15 March representatives of twelve OPEC countries discussed in Vienna the cut of oil production to help support crude oil prices. However, requirements of Venezuela, Iran, Qatar and Algeria were not heard, and the amount of export of the „black gold“ (24,8 barrels per day) remained unchanged. In fact, this issue would again be considered in the OPEC session on 28 May.
I want to make several remarks to be realized as questions to everybody and any government, not only to "Gazprom" as a part of Russian Government and its foreign policies.
At the beginning of March the Russian president paid an official visit to Spain and signed several agreements: the Memorandum of Understanding between the Spanish and Russian Prosecution Services; the agreement to allow the transfer of Spanish troops and military equipment bound for Afghanistan via the Russian territory; the Action Plan in the sphere of tourism etc.
At the beginning of this year the gas war between Russia and Ukraine urged the EU take action in search for ways of diversification of suppliers. On 27 January the conference of the Caspian Sea Region and EU Member States was held in Budapest. During the conference Czech Prime Minister M. Topolanek whose country currently holds the EU presidency, insisted on implementation of the Nabucco gas pipeline project for transportation of gas from the Caspian Sea Region to Austria, by passing Russia.
During the extraordinary meeting in Algeria, the OPEC Petroleum Cartel has decided to cut its daily oil production by about 2 million barrels from 1 January 2009. Since in September oil production was reduced by about 2 million barrels, this would result in total reduction of 4,2 million barrels a day. By the above it is expected to stop the reduction of oil prices – from US$ 147 per barrel in July to low of US$ 44 today.
The price of oil of the recent years indicates (more than ever before) the real value of this natural product. The modern economy is very much dependent on oil, and both the ordinary consumers and the entire states are sensitive to the increase of oil prices.
Sinikka Hurskainen, Rapporteur on the political situation in Belarus of the Parliamentary Assembly of the Council of Europe (PACE) has arrived in Minsk for “collecting information, for meeting with people and for discussing the situation in the country”.
Belarus is dealing with the issue concerning the acquisition of the antiaircraft-missile complex C-400 from Russia, reported to the BELTA correspondent Major-General Igor Azarionok, the Commander of the military air forces and ABM of Belarus.
Journalists of the Kaliningrad newspaper “Страж Балтики“ (‘Guard of the Baltics’ – the official publication of the Baltic Fleet) have disclosed certain specific details about the naval exercise of maritime forces, which were carried out in the Baltic Sea in June 2010.
The President Viktor Janukovich signed the earlier approved by the Parliament Law on “The Principles of Foreign and Internal Policy”, which enforces the status of the Ukraine outside the block and revokes the joining of the country into the NATO, reported on 15 July NEWSru.ua referring to the press office of the Government.