Finance Minister Alexei Kudrin said Tuesday that Belarus appeared to have accepted the terms of a $3 billion loan offered by a Russia-led group of former Soviet republics to save the teetering Belarussian economy from a disastrous collapse.

• Date: 18.05.2011  |  Published on EGF: 18.05.2011  |  Markets  |  from themoscowtimes.com

Once again as it has before in its troubled history, the Nabucco pipeline consortium has announced a postponement of construction until 2013, citing a lack of supply contracts, Robert M. Cutler of the Asia Times reports. Gas would not start pumping until 2017

• Date: 18.05.2011  |  Published on EGF: 18.05.2011  |  Energy  |  from eurasianet.org

Eurozone financial ministers are to continue their talks in Brussels, with discussions now expected to focus on the dire state of the Greek economy.

• Date: 17.05.2011  |  Published on EGF: 17.05.2011  |  External Relations  |  from bbc.co.uk

In the wake of the French government's decision to ban hydro-fracking, Poland has warned the European Commission (EC) against imposing restrictions on unconventional gas extraction technologies, but given the lack of control the EC has over such issues, the warnings are somewhat redundant.

• Date: 17.05.2011  |  Published on EGF: 17.05.2011  |  Energy  |  from ihs.com

Following the welcoming ceremony, face-to-face meeting took place between Ilham Aliyev, President of the Republic of Azerbaijan and Vaclav Klaus, President of the Czech Republic, Azerbaijani President’s official website reported.

• Date: 17.05.2011  |  Published on EGF: 17.05.2011  |  External Relations  |  from trend.az

A solution to a shareholder dispute over the development of Kazakhstan's most prospective gas field could take anything from six months to 10 years, the head of Russian shareholder LUKOIL (LKOH.MM) said on Tuesday.

• Date: 17.05.2011  |  Published on EGF: 17.05.2011  |  Energy  |  from reuters.com

China is grappling with its worst power shortage in years, particularly in the eastern and southern regions – the country’s main industrial bases, auguring reduced economic output for the second quarter, industry sources on Monday.

• Date: 16.05.2011  |  Published on EGF: 16.05.2011  |  Energy  |  from icis.com

Pakistanis can now have uninterrupted electricity supply — but for a price.

• Date: 16.05.2011  |  Published on EGF: 16.05.2011  |  Energy  |  from thaindian.com