The Monday after the Friday before, and what the UK electorate’s decision for Brexit means is still unclear. If anything, it seems more unclear now than on Friday morning, when the shock of the result made it seem like the exit would be swift. That seems unlikely now. One of the more interesting questions (for […]
Energy Connections
Squaring the circle of Nord Stream 2
The planned Nord Stream extension continues to generate vigorous debate, showing the difficulty of marrying aims of cost-effectiveness, social benefit and political acceptability. A project of Russia’s Gazprom in partnership with a handful of Europe-based energy majors, Nord Stream 2 would double the existing gas supply pipeline’s capacity of 55bcm/year by 2019. It would also […]
Stricter energy market abuse rules to apply from 3 July
In less than one month, energy trading across all European countries will be subject to stricter trading rules, as the Market Abuse Regulation (MAR) and the directive on criminal sanctions for market abuse come into force. From 3 July, the two pieces of legislation will strengthen the current anti-abuse framework and widen its scope. The rules aim to prohibit insider dealing and market manipulation, and […]
Advice for politicians touting security of supply: be practical
A common theme was bandied about the stage at Gas Infrastructure Europe’s annual conference in Sofia last week: security and diversification of supply. But conference goers are seemingly tired of what they are terming political idealisms. The speaker line-up on day one of the conference was impressive. Bulgarian prime minister Boyko Borissov stole the limelight […]
No North Sea, no problem
The dramatic decline of oil prices over the past couple of years has led to the re-evaluation of investments into UK North Sea oil and gas production. Potentially untapped resources that remain on the British continental shelf are in areas of more challenging geographies and environments. Even before the commodity crash, many were anticipating a […]
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