Europe embraces Nord Stream expansion[Over]
By Igor Alexeev
Russian journalist and blogger for Strategic Culture Foundation and Route Magazine. He writes on the oil and gas sector, Eurasian energy security and shipping industries in the Arctic.
European countries, including the Netherlands, Finland and the United Kingdom expressed their interest in the expansion of Nord Stream. The third and fourth strings of the pipeline enjoy the highest level of political support in Europe. As a result Nord Stream will be the cornerstone of European energy security in the decades to come.
Nord Stream Fact Sheet
- Nord Stream is a twin pipeline system through the Baltic Sea transporting natural gas from Russia to Europe;
- It runs across the Baltic Sea waters from the Portovaya Bay (near Vyborg) to the German coast (near Greifswald) stretching over 1224 kilometers;
- The third and fourth lines are planned for annual capacities of 27.5 billion cubic meters each;
- The stakes in Nord Stream AG are distributed as follows: Gazprom holds 51%, Wintershall Holding and E.ON Ruhrgas – 15.5% each, Gasunie and GDF Suez – 9% each;
- Nord Stream will export gas from the Yuzhno-Russkoye oil and gas field, the Yamal Peninsula, Ob and Taz Bays and in perspective Shtokman field;
- The cost of construction of the first two sections was $7.4 billion.
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- Tuesday, 7 May 2013, 07:58
Building Confidence in the South Caucasus: Strengthening the EU’s and NATO’s Soft Security Initiatives[Over] 7th Workshop of the PfP Consortium Study Group “Regional Stability in the South Caucasus”
On 14-16 March 2013, George Niculescu, our Head of Research, attended the 7th Workshop of the PfP Consortium Study Group “Regional Stability in the South Caucasus”, held in Tbilisi (Georgia). Mr Niculescu briefed a distinguished audience consisting of government officials, representatives of the EU and NATO, as well as of experts from regional and international think tanks and civil society on the EGF research paper on "A Pragmatic Review of Nagorno-Karabakh Conflict Resolution: Could Economic Incentives Help Break the Current Stalemate?", published last October jointly with Dr. Marat Terterov. Mr Niculescu thus concluded that “the exit from the current stalemate in the resolution of the Nagorno-Karabakh conflict would require starting up discussion around economic issues, and that the next step to this end might aim at setting up a comprehensive dialogue among interested businesses and experts from the conflicting parties together with international actors on post-conflict scenarios involving joint regional energy and infrastructure projects.” To see the Policy Recommendations issued in the aftermath of this workshop please click here. To look at the full text of the briefing please click here, and click here for the Powerpoint presentation.”
- Tuesday, 7 May 2013, 07:56
Political Advisory Briefing: Egypt[Over]
By Claudia Nocente, Research Associate Global Security
February 2013
Key points:
- Egypt’s new administration between international praise and domestic unrest
- Morsi assumes pharaonic powers in an attempt to rid Egypt of Mubarak judges
- The felool take another shot in Egyptian politics
- The generals remain silent
- The Egyptian economy sinks. READ MORE
- Tuesday, 12 February 2013, 14:21
The evolution of European and Euro-Atlantic policy making in the wider Black sea: EU and NATO attempts at strenghening regionalism in an area of strategic interest[Over]
Debates about the geopolitical, geo-economic and strategic significance of the wider-Black Sea (WBS) region have become fashionable amongst Western policy makers and the international scholarly community since the end of the Cold War. While the Black Sea represented a “front line” in the stand-off between rival superpower blocks during an age which now seems to have slipped into the bygone days of our youth, the major geopolitical realignments which have taken place in Eurasia during the last two decades have evidently led to our “re-discovery” of one of the world’s most historically significant geostrategic playing fields. To read more click here.
- Wednesday, 1 August 2012, 20:27
Rivalry in the Eastern Mediterranean: The Turkish Dimension[Over] Mehmet Öğütçü, EGF Expert on global energy security matters
The discovery of large gas reserves off the coasts of Israel and Cyprus posed a number of dilemmas for Turkey. Its response reflected both resource rivalry and underlying political conflicts. Turkey and its neighbors need to avoid harsh rhetoric and brinkmanship. Instead, pending solutions of bilateral differences, they should consider interim agreements to reduce risk and allow exploration and production to go ahead in a more predictable environment. To read more click here.
EGF Middle East Briefing - Egypt’s New Political Landscape: between Democratization and Old Legacies[Over] Claudia Nocente
EGF Researcher, Global Security
Egypt’s Islamic state on the horizon
Egypt is once again in the headlines. The results of the first, allegedly, free elections after the ousting of Hosni Mubarak as the Egyptian president are causing widespread concern, especially in the West, about the country’s process towards democratization. Many fear that the legacy of the former political establishment will haunt the country for many years to come. Egyptians have been denied any aspect of a wealthy social and political life and are now concerned about the fruits of their courageous actions and the new seeds last year’s events have implanted. What will Egypt look like a year from now? Will it end up embracing a hardline Islamist direction in the administration of political power? READ MORE
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