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Tag Archives: Energy

Crumbling Myths about Liquefied Natural Gas Export from the USA. Part 1: Economic Myth.

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In the wake of the crisis in Ukraine, the natural gas export rush has occupied the world. In this article, I will discuss two myths related to new possibilities of liquefied natural gas (LNG) supply to Eastern European states from the USA. The first part is devoted to dispelling the economic fable. 

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Over and over again…

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Insanity is described as doing the same thing over and over again and expecting different results. The current government of Lithuania obviously has never heard of this concept if they expect their new five year deal with Gazprom to produce different results than last attempt.

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New model of Ukrainian energy market: redistributing costs in favor of private players?

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One of the primary requirements for European integration of Ukraine is the alignment with energy market principles accepted in the EU. The way the structural change of the national market can be performed has long been debated: from planning new nuclear facilities to developing investment schemes into renewables. At the end of July, 2013, the final agenda for transforming the ...

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Gazprom vs. Chevron: A battle of Titans over the future of an energy island

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Lithuania’s current energy situation is not sustainable. After the closing of the Ignalina nuclear power plant, Lithuania has become an energy island. At the moment the only gas provider to the Baltic nation is the Kremlin controlled Gazprom. As a result of this energy monopoly, Lithuania is forced to pay exorbitant prices for Russian gas. In fact, Lithuania pays the ...

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