When the Libyan Civil War ended with the death of Muammar Gaddafi in October of 2011, the country rejoiced, as they had finally rid themselves of tyrannical rule that lasted 42 years. Shortly after, the National Transitional Council (NTC) declared Libya “liberated” and announced the plans to hold elections in eight months time. This […]
The cold snap that has frozen most of Europe solid has created some tensions over Russia’s role as supplier of natural gas to its neighbors. On Friday, a Gazprom official claimed that Ukraine was taking more than its share from the pipeline that runs through its territory. For those who remember the unpleasantness between Moscow […]
Vladimir Putin was at a ceremony a few days ago at which he pressed the button that began the process of delivering natural gas to Germany through the Nord Stream pipeline. According to Gazprom, Nord Stream is the first direct link between Russia and the European gas transmission system. It runs under the Baltic Sea, […]
The European Union plans to announce today that it sees possible disruptions for its gas supplies from Russia via Ukraine, a liklihood we identified earlier this year. What’s worse, Gazprom is now demanding $230 in debt payments from Belarus, another key gas transit route to western Europe. The payments from Belarus may stem from a […]