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Key underwater cable project poses dilemma for Cyprus

Location:

CYPRUS

The talks yielded some progress but fell short of full agreement on the GSI project, a proposed underwater cable that would connect the electricity grids of Cyprus, Greece and…

Russia faces mounting challenges in the Arctic

Location:

RUSSIA

Moscow’s progress towards achieving its stated goals in the High North -- especially the development of the Northern Sea Route (NSR) and the exploitation of its natural resources…

Regional economic output will keep growing in Russia

Location:

RUSSIA

The deterioration in regional finances is driven by falling incomes in oil-producing regions and higher spending by regional governments. Economic activity is recovering after…

Turkey will aim to grow its oil and gas industry

Location:

TURKEY

The discoveries of a new oil field in the country’s south-east and a gas field in the Black Sea have boosted domestic production, although self-sufficiency is still a remote…

Eastern Europe’s gas deliveries are on shaky ground

Location:

EASTERN EUROPE

With the current gas transit deal between Russia and Ukraine expiring at the end of the year, the event highlights the fragility of the region’s gas supply.

Iraq will slowly raise domestic gas supply

Location:

IRAQ

In early May, a sixth licensing round elicited minimal interest. However, hitherto slow-moving projects to capture and use associated gas burnt at oilfields are accelerating. That…

Cyprus is no closer to resolving its divisions

Location:

CYPRUS

President Recep Tayyip Erdogan was in the island’s north to celebrate the occasion, while Greek Prime Minister Kyriakos Mitsotakis joined the President of the Republic of Cyprus…