Month: January 2009

January 15, 2009

How Europe Can Create Energy Transparency

Diarmid O’Sullivan and Tom Mayne of Global Witness have a new opinion article in the Financial Times on the gas crisis – they frame the argument for transparency quite well: So what can be done? The EU has attributes that, wielded inte...
January 15, 2009

Proximity to Power

Today’s news that TNK-BP has appointed the former chancellor of Germany, Gerhard Schröder, to its board of directors is a striking illustration of just how far away Russia has fallen from the most basic standards of a functioning market.&nbs...
January 15, 2009

The Costs of Deploying the Energy Weapon

One wonders whether it could really be worth it for the Kremlin to keep up this gas war, no matter how upset they are with the endlessly frustrating Ukrainians.  For as much economic and political damage as they are imposing on their NATO-lov...
January 15, 2009

Alexander Lebedev’s Good Will

Alexander Lebedev is getting a lot of positive press lately after having made a bid for the London newspaper The Evening Standard.  Luke Harding of the Guardian describes him as an “oligarch we could learn to love,” despite the fa...
January 15, 2009

Video: The Bulgarian Riots

Opposition protests led by students in Bulgaria’s capital, Sofia, quickly spiraled out of control and into violence yesterday – sparked by the gas shortages cause by the Russia-Ukraine dispute, but also focused on corruption of the rul...
January 15, 2009

Adamkus on NATO

Valdus Adamkus, president of Lithuania, had an interview with the Financial Times today.  Since the invasion of Georgia and the gas war with Ukraine, the Baltics have become an area of grave concern, where some feel as though they are next on...
January 15, 2009

Gazprom “Capitolism”

In today’s Wall Street Journal, Kyle Wingfield compares Gazprom to Airbus – pointing out that what could be an eminently great company is ruined by political intervention and abuses. That said, the Russian energy sector is emblematic o...
January 15, 2009

Energy Blast – Jan 15th, 2009

Europe’s energy supplies are running out, with insufficient stockpiles of liquefied natural gas to cover demand and Russian gas still not flowing.  Polish government representatives are due to hold talks in Moscow today over gas supplie...
January 15, 2009

Today in Russian Business – Jan 15th, 2009

The ruble continues to lose value, hitting another record low against the Euro and a six-year low against the dollar.  Despite earlier reports that his attempt had been blocked, oligarch Alexander Lebedev (also profiled here) has reportedly m...
January 15, 2009

RA’s Daily Russia News Blast – Jan 15th, 2009

TODAY: Ukraine and Russia to meet, Barroso decries lack of gas resolution, both sides continue to apportion blame. World Economic Forum to see mass protests; Putin takes up painting.The governments of Ukraine and Russia have agreed to meet this Sa...