• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • Gazprom

    IMF Package to Ukraine Should Include Real Economic Reforms

    International Monetary Fund (IMF) officials beat the U.S. to the punch this week, arriving to discuss economic aid to Ukraine one day earlier than U.S. Secretary of State John Kerry. While Kerry promised $1 billion in loan guarantees from the U.S., the IMF is working on a $15 billion loan … More

    Snowden “on a Leash”: The High-Stakes Game in Russia

    President Obama is considering cancellation of his summit with Russian president Vladimir Putin at the September G-20 confab over Russia’s harboring of the American fugitive Edward Snowden. This would be the first time since the end of the Cold War that the U.S. cancels a previously scheduled summit. Snowden gave … More

    Lithuania LNG Terminal a Big Step in the Right Direction

    Lithuania is building a liquefied natural gas (LNG) terminal at the port of Klaipeda. The project, which is expected to be operational by 2014, will give the Baltic nation access to the world’s LNG market. Today, the nation’s existing natural gas infrastructure consists of a single pipeline owned by the … More

    BP–Rosneft Deal: Beyond Energy

    On January 15, British Petroleum (BP) agreed to form a joint venture with Russia’s state-owned Rosneft to develop three of Rosneft’s offshore exploration blocks in northern Russia. The two companies will jointly explore for oil and gas in the Russian Arctic, one of the world’s last remaining unexplored hydrocarbon basins. … More

    U.S. Overtakes Russia in Gas Output

    As Bloomberg reports, during 2009 U.S. natural gas output grew 3.7 percent to an estimated 624 billion cubic meters (bcm), while the Russian production dropped by 12 percent to an estimated 582 bcm. So much for Russian plans to become an energy juggernaut. Russia is still a major player in … More

    Leaving Eastern Europe Out in the Cold

    In January, amidst a particularly cold winter, Russia’s quasi-governmental gas giant Gazprom turned off the gas taps to Ukraine after the two sides failed to reach agreement in a pay dispute. Downstream users including Romania, Bulgaria, Greece, and the Czech Republic were also put in the deep freeze. Gazprom has … More

    Pipeline Threats to Europe?

    Have Russia’s oil and gas replaced Cossack squadrons and tank divisions as the means to intimidate Europe? Will pipeline routes create new dependencies in the 21st century which may force the NATO alliance come apart at the seams? Nord Stream is a gas pipeline between Russia and Germany, with spurs … More

    Will Somebody Please Turn on the Gas?

    The ongoing row between Russia and Ukraine over natural gas supplies to Europe appears to be deepening. This comes just days after the European Union announced what was supposed to be a breakthrough agreement to get gas flowing again to at least 15 European countries, leaving millions in the cold. … More

    Energy Dependence Threatens Europe's Security

    18 countries ranging from large European Union members, including Germany to small ex-Soviet Moldova, have been affected by Russian quasi-governmental gas giant Gazprom’s cut in natural gas supplies to Ukraine. Gazprom has become synonymous with energy intimidation and has specifically targeted former Soviet states such as Ukraine as it seeks … More

    Stop Enabling Russia's Energy Empire

    Just as Europe is in the midst of a particularly cold winter, Russia’s quasi-governmental gas giant Gazprom has turned off the gas taps to Ukraine, a major transit corridor for Russian gas into Europe. Gas shortages are being reported in several countries, including Romania, Bulgaria, Greece and the Czech Republic. … More