Major investment in European gas storage, transmission and emergency planning make a repeat of the 2009 gas shock unlikely this winter, market observers say, even if Russia trims exports to retaliate against western sanctions. That should be comforting news to EU Energy Commissioner GĂŒnther Oettinger, who is meeting with energy ministers from Ukraine and Russia (Yuriy Prodan and Alexander Novak) on Friday in Berlin. But analysts do caution that … [Read more...]
Twenty-first century energy wars: how oil and gas are fuelling global conflicts
Fossil fuels are triggering violent conflicts all over the world, says Michael Klare, Professor of Peace and World Security Studies at Hampshire College in Massachusetts, the US. Klare zooms in on four areas â Iraq/Syria, South Sudan, the Crimea/Ukraine, and the South China Sea â to argue that the desire to control valuable oil and gas assets is fuelling long-standing historic tensions. âIn a fossil-fuel world, control over oil and gas reserves … [Read more...]
How the EU should deal with the Ukraine gas crisis
The Russian decision, on 16 June, to halt gas supplies to Ukraine spells trouble for the coming winter. Even if the current crisis is resolved, uncertainties over Ukraine will remain. Therefore, the EU needs to prepare for another gas crisis, both in the short term, by establishing crisis mechanisms, and in the medium term, to prevent future crises. Agata Ćoskot-Strachota of the Centre for Eastern Studies (OSW) in Poland sets out the urgent steps … [Read more...]
Leaked doc: David Cameronâs plans to make the EU fit UK energy policy
After Polish Prime Minister Donald Tusk, itâs David Cameronâs turn to seize the moment and promote a vision for EU energy security that neatly fits the UKâs own energy objectives. In a leaked ânon-paperâ seen by Energy Post the UK Prime Minister sets out what he wants EU leaders to agree at their next summit in Brussels in June. Cameron calls for energy security to be embedded in the EUâs 2030 climate and energy package, full freedom to develop … [Read more...]
Samuele Furfari: âIf Russia cuts the gas tap, it can forget its dream of selling gas to China one dayâ
The EU has made remarkable progress in improving its security of supply over the last decade and should not worry that Russia will cut off its gas supplies, says Professor Samuele Furfari in an interview with Energy Post Brussels Correspondent Hughes Belin. A long-time senior advisor at the European Commission, Professor Furfari, author of a brandnew provocative book in French - "Vive les Ă©nergies fossiles!" - says the world has entered a new … [Read more...]
EU leaders fail to connect Ukraine crisis to climate and energy policy
Decisions on a new European climate and energy policy for 2030 are relegated to autumn as heads of state are caught up in the Ukraine crisis. At their spring summit in Brussels, EU leaders gave centre stage to energy dependence. First climate change, then competitiveness, now security of supply: the shifting priorities of member states show that a holistic vision and policy for climate and energy is there on paper but not in practice. Sonja van … [Read more...]
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