There are several LNG regasification terminals in Central European countries, aimed at securing natural gas supplies from various directions. In the context of the outbreak of the Russian-Ukrainian war, the importance of these terminals has definitely increased. At present, they are a key tool in efforts to diversify the sources and directions of natural gas supplies, especially...
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Central European countries in 2023 were taking active steps to strengthen energy security, which was a difficult process. A key strategic objective was to reduce dependence on hydrocarbons supplies from the Russian Federation by initiating new investments and continuing those already underway. Importantly, there are still countries on the continent that cooperate with Russia in...
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The Russian-Ukrainian war has reoriented the refining sector in the Central European region, including Bulgaria and Romania. The crude oil processing plants operating in these countries had for years imported a large amount of crude oil from the Russian Federation. The change in international conditions has contributed to the activation of efforts to diversify crude oil supply...
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There have been efforts in Latvia to build an LNG terminal in Skulte since 2016, but recent decisions by the government in Riga make the realisation of the investment uncertain. Even the damage in early October 2023 to the Balticconnector pipeline, which connects the gas system of Estonia and Finland, has not changed the Latvian government’s approach to the Skulte LNG terminal....
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In Czechia, under the influence of the Russian Federation’s full-scale attack on Ukraine, there has been a change in the operation of energy companies, which are supposed not only to meet business objectives but also to strengthen the state’s energy security. In this context, in the past few months, we have seen the implementation of two acquisitions by companies wholly owned...
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In Bulgaria, the new government of Prime Minister Nikolai Denkov has ordered an investigation into the 2023 Bulgarian-Turkish agreement, which provides access for Bulgargaz to LNG terminals in Turkey and the Turkish transmission network. According to the government’s position, the agreement between Bulgargaz and BOTAŞ, which was concluded for a period of 13 years, is...
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The geopolitical location of the Visegrad Group countries at the centre of NATO’s eastern flank makes them an important keystone in the security processes of the Central and Eastern European region. The military dimension of the V4 cooperation has been its key element since the platform’s inception when the countries coordinated their efforts to join NATO. As a result of the...
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Ukraine’s underground natural gas storage facilities, together with its extensive pipeline network, have played an important role in ensuring the availability of natural gas in Europe over the years. However, the importance of Ukrainian infrastructure was reduced as a result of the systematic reduction of natural gas supplies from east to west following the Russian...
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On July 5, the Lithuanian government adopted the Strategy for the Indo-Pacific region prepared by the Ministry of Foreign Affairs. The document was developed in response to the need to ensure security and strengthen Lithuania’s international position as well as to tighten economic cooperation with partners from this region. At the same time, in the Strategy, Lithuania once again...
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For years, Russia has played an important role in supplying liquid fuels by sea to all of Europe, especially diesel fuel, a key product in the transportation industry. The Russian Federation’s armed attack on Ukraine in 2022 led to changes in commodity markets, affecting the volume of liquid fuel imports to the Western Balkan countries. Due to the new market conditions,...
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