Ukraine tense over Russian gas supply

To compound already-bursting tensions between Ukraine and Russia, the Russian oil and gas company Gazprom has raised prices to the country by 37% by cancelling a discount and even threatening to cut supplies entirely. This, according to a statement delivered by Ukrainian Energy Minister Yuri Prodan, means that Ukraine will be forced to pay $368.50…

The Great Gas Game, Part II

Turkmenistan is not the only source of LNG in Central Asia. Iran has long hoped to marshal its LNG resources but its central problem is the hesitancy of its neighbors to enter into a partnership to develop pipeline infrastructure. This is partially due to the harsh economic sanctions placed upon the Iranian economy on account…