In the last 10 years investments in Kazakhstan's oil and gas industry have totaled 107 billion U.S. dollars, Kazakh Oil and Gas Minister Sauat Mynbayev said on Wednesday.

• May 5, 2011

This former Soviet state in Eastern Europe is betting that the path toward energy independence runs through Fort Worth.

• May 5, 2011

The planned South Stream natural gas pipeline meant to avoid Ukrainian territory is a blow to national interests, the Ukrainian energy minister said.

• May 3, 2011

Ukrainian Prime Minister Mykola Azarov has said that the formula of gas price for Ukraine should be based on the same principles as that for the Czech Republic, Slovakia, Germany, Poland and other European countries.

• May 2, 2011

Issue 5: April 2011

A Snapshot Of Key Developments In The External Relations Of The Russian Gas Sector

On April 25 of this year Gazprom head, Alexei Miller, predicted that the price of gas sold to European gas consumers would increase to $500 per 1,000 cubic metres by the end of 2011. This suggests a price hike of almost 40 percent as currently the average European gas price is $350 per 1,000 cubic metres. While Gazprom officials do make public references to limitations to increases in the gas price, most such comments tend to refer to Russian domestic gas prices. READ MORE

• May 1, 2011

Ukraine will be able to get liquefied gas from Azerbaijan in three years.

• April 30, 2011

The two-day Global Forum on Sustainable Energy opened Thursday in Austrian Federal Economic Chamber in Vienna to discuss the potential of renewable energies and opportunities for greater energy policy between the Danube region and the Caucasus region.

• April 29, 2011

Issue 4: March 2011

A Snapshot Of Key Developments In The External Relations Of The Russian Gas Sector

The dispute between the Lithuanian Government and Gazprom continues. As we wrote in the preceding issue of the Gazprom Monitor, the dispute flared up after the Russian monopoly refused to give Vilnius the same gas price discount that it grants to the other Baltic States. Consequently, the Lithuanian side is forced to pay high gas prices. In response, Vilnius is trying to use the implementation of the Third Energy Package, in relation to the gas transport system of the country, as a lever of pressure against Gazprom. In the end this may bring about both a rupture in the agreement on the privatisation of Lietuvos dujos (37 percent of which belongs to Gazprom) and the separation of control over gas transmission pipelines from companies which own them. READ MORE

• April 29, 2011