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geopolitics

WHAT IS HAPPENING IN GEOPOLITICS? EUROPE:

RUSSIAN GAS PIPELINES:

  • The EU countries are divided when it comes to the matter of constructing new Russian gas pipelines. As a result of the imprisonment of Alexei Navalny upon his return to Russia in January 2021 and the repression of the opposition in many Russian cities, the European Parliament adopted a resolution calling to halt the Nord Stream 2 project. However, this decision was not unequivocally supported by Germany, which continues to back the construction of the gas pipeline. Washington’s position is contrary to that of Berlin, which seeks to finish the project regardless of the position of the US.

SOURCE: WARSAW INSTITUTE ORG


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geopolitics

WHAT IS HAPPENING IN GEOPOLITICS? EUROPE:

RUSSIAN GAS PIPELINES:

  • It seems that the position of the new American administration remains identical to that of Donald Trump in terms of sanctions against EU-Russia energy projects. Thus, it could be assumed that a number of sanctions against entities involved in the Nord Stream 2 project would be uphold. This is not only due to strictly political but also economic attitudes. Washington is eager to export LNG to European markets, but the Nord Stream 2 project limits the demand for further supplies of this energy source to Europe.

SOURCE: WARSAW INSTITUTE ORG


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EUROPE:

NORD STREAM 2:

  • The German state of Mecklenburg-Vorpommern plans to set up a foundation to help the completion of the Nord Stream 2 (NS2) pipeline to bring Russian gas to Germany and to fend off the threat of increased U.S. sanctions that halted work last year. It will be far harder for the United States to target a state-backed foundation with measures such as freezing funds.

SOURCE: REUTERS


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EUROPE:

NORD STREAM 2:

  • Russia accelerates Nord Stream 2 pipeline project before the U.S. tightens sanctions against the controversial project designed to feed more natural gas into Germany. The U.S. is maneuvering to tighten sanctions, extending penalties to companies that provide technical certification and insurance for the work. The U.S. maintains that Nord Stream 2 gives Russia too much leverage over Europe and that American liquefied natural gas supplies are a better alternative.

SOURCE: WORLD OIL


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EUROPE

RUSSIA:

  • Russia sees US sanctions against the Nord Stream 2 pipeline, expected to pump gas from Russia to Europe, as a sign of a hybrid war.

SOURCE: FARS NEWS


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Global Energy Stategic Resources

Eurasia

EURASIA

  • RUSSIA-BELARUS: Russia and Belarus discussed prospects of interaction in the fuel and energy sector in 2021. They started working out the redirection of petroleum products deliveries from Lithuanian to Russian ports.

SOURCE: TASS

 

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Europe

EUROPE

  • NORD STREAM 2: Norwegian-German certification firm DNV GL will no longer provide services to the Nord Stream 2 pipeline project following the US State Department’s sanctions.

SOURCE: SPUTNIK

 

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Middle East

MIDDLE EAST

  • MIDDLE EAST: BP said it will invest more money in Middle Eastern oil and natural-gas fields. The company is a major producer in countries such as Iraq, the United Arab Emirates and Oman. In Abu Dhabi, BP is working with government-owned producer Adnoc to boost the capacity of onshore oil fields. It also aims to extract gas from the emirate’s Bad field.

SOURCE: RIGZONE

 

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Eurasia

EURASIA

  • RUSSIA: Russian Gazprom Neft lays out seismic plans for Arctic block with huge oil and gas potential. Together with other Russian oil producers, prepares to increase exploration in the zone.

SOURCE: UPSTREAM

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Middle East

MIDDLE EAST

  • MIDDLE EAST: The Middle East remains in the zone of strategic interests of Russian Gazprom Neft, who announced is still interested in development on the market of the Iraqi Kurdistan.

SOURCE: TASS

 

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