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Stories related to everything energy – from fossil fuels to renewables.

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Ethiopian dam upsets Egypt, whilst China plays a difficult game

Ethiopian dam upsets Egypt, whilst China plays a difficult game

Ethiopia last week opened its mega dam on the River Nile, the Grand Ethiopian Renaissance Dam (GERD). The launch has sparked a tense diplomatic battle between Ethiopia and Egypt, with Cairo denouncing it as “an unlawful unilateral act” and protesting to the United Nations Security Council. During an inauguration ceremony on Tuesday (9 September) Ethiopian Prime Minister Abiy Ahmed described the US$5 billion Grand Ethiopian Renaissance Dam as a “symbol of Ethiopian unity and national achievement". Several regional leaders, including Kenyan President William Ruto and Somalia’s President Hassan Sheikh Mohamud, attended the event. Egypt, whose life has historically centred around the River Nile, believes the dam will threaten its water supply and cause shortages. Following the inauguration, Cairo warned that it reserved the right to take all measures provided for under international law and the UN Charter to “defend the existential interests of its people”. Sudan, has also raised concerns about dam safety and the risk of uncoordinated water releases.
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Turkmenistan, Azerbaijan and Uzbekistan hold important trilateral meeting

Turkmenistan, Azerbaijan and Uzbekistan hold important trilateral meeting

Turkmenistan, Azerbaijan, and Uzbekistan held important trilateral meetings in the Turkmen city of Turkmenbashi on Friday, 22 August. Joint development of deposits on the Caspian shelf and cooperation in the field of energy exports, including renewable sources, were discussed. The talks came in the framework of the visit to Turkmenistan of President Ilham Aliyev of Azerbaijan and President Shovkat Mirzizoyev of  Uzbekistan who were hosted by the Chairman of the Halk Maslahaty (Senate) of Turkmenistan, Gurbanguly Berdimuhamedov, who is a former president and the father of the current president, Serdar Berdimuhamedov. Azerbaijani media noted that during the meeting Uzbekistan hailed a scheme to export green electricity to Europe as promising, while Turkmen officials signaled a new openness to ideas long discussed in Brussels and Ankara, to build a Trans-Caspian gas pipeline, a project that has been under discussion for more than 30 years.

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 Algeria offers to supply Europe with gas

Algeria offers to supply Europe with gas

Algeria's state-owned oil company has offered to increase its supply of natural gas to Europe in case of possible decline of supplies from Russia. Sonatrach CEO Toufik Hakkar made the announcement on Sunday saying that the firm was ready to pump additional gas to the EU from its surplus via the Transmed pipeline linking Algeria to Italy.
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European gas prices climb after a postponement of the opening of Nord Stream 2

European gas prices climb after a postponement of the opening of Nord Stream 2

Gas prices increased on Tuesday (16 November) to the highest level in three weeks in the European Union. This is due to Germany's temporary shutdown of the certification process for the new gas pipeline Nord Stream 2. In addition, there is an outage at a major gas field in Norway, which is expected to last until Friday.
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Borrell: Gas cannot be used as a geopolitical weapon

Borrell: Gas cannot be used as a geopolitical weapon

EU High Representative Josep Borrell said in Brussels on Thursday (28 October) that in Moldova, the EU sees attempts by Gazprom to put political pressure in return to lower the gas prices. He said he had agreed with the Moldovan Prime Minister on the importance of strengthening resilience against any potential efforts by third parties to use energy as a geopolitical weapon. "Gas is a commodity. It has been bought and sold, sold and bought but it cannot be used as a geopolitical weapon", Borrell stated.