According to a report by the World Bank, Poland could lack energy in as little as two years as a result of the poor state of its facilities. The conservative daily Dziennik Gazeta Prawna writes that additional funds are needed to restructure the country’s energy sector: “The energy sector needs investment because it produces less [...]
LAPPEENRANTA (Itar-Tass) – Finland’s Minister of Economic Affairs Mauri Pekkarinen has called for creating the Russian-Finnish energy club to resolve practical issues of cooperation. “I would like this club to become a territory of practical interaction between Russia’s proposals and Finland’s solutions,” he told the first meeting of the EU-Russia innovation forum on Thursday. He [...]
The winner of an international tender to build a new nuclear power plant in Lithuania will be announced in the next four months, Lithuanian Prime Minister Andrius Kubilius said on Friday. “By the middle of the year we will have the results,” Kubilius said. The statement was made as Kubilius held energy talks with Russian [...]
Lithuania intends to build a liquefied natural gas (LNG) terminal, the country’s Prime Minister Andrius Kubilius said on Friday during a meeting with his Russian counterpart Vladimir Putin. Russia is the main gas supplier to the Baltic countries. Russian energy giant Gazprom owns a 37% stake in Lithuania’s gas transport system Lietuvos dujos. Lithuania, which [...]
Estonia has long been debating about whether to build a nuclear power plant in order to ensure its independence in energy policy. The daily paper Postimees sees this as a necessary step: “At least given today’s technology, a higher percentage of wind power would be too expensive for the taxpayer. This is because wind cannot [...]
Germany and several other European nations are planning to build a billion-euro renewable energy network spanning the North Sea, a national daily reported Tuesday. Berlin — According to the Suddeutsche Zeitung, the project will link German and British offshore wind farms, Norwegian hydroelectric plants, and Belgian and Danish tidal power stations with undersea cables to [...]
Europe is on the verge of a new gas conflict with Russia According to the media reports, Europe is on the verge of a new, yet different from the former years, gas conflict with Russia. European states are not able to use the annual natural gas quotas stipulated in the contracts with Russia‘s concern Gazprom. [...]
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 [...]
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 [...]
