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Montenegro Assigns Blocks to Energean
Greek upstream independent Energean has signed an exploration and production concession contract with Montenegro covering two offshore blocks. The contract was signed by…
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Socar Joins New Adriatic Pipe Project
Four western Balkans nations signed a memorandum of understanding with Azerbaijan state Socar on co-operation on building the Ionian Adriatic pipeline (IAP) on the sidelines of a…
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Greek Firm's EBRD Loan Should Cut Flaring
The European Bank for Reconstruction and Development (EBRD) signed a $20mn loan July 5 with Greece’s only oil and gas producer Energean. It will support exploration of the…
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Energean Secures Adriatic Blocks off Montenegro: Correction
Greek producer Energean has won a concession to explore two blocks in the Adriatic Sea, offshore Montenegro and near the median line with Greece. The deal will become valid…
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EU's Eastern Neighbours Far From Liberalised: ECMR
The Energy Community regulatory board (ECRB) has published its Market Monitoring Report on gas and electricity retail and wholesale markets in eastern Europe plus Georgia…
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Important Projects of Common Interest in the Balkans
The Projects of Common Interest (PCI) as envisaged by the European Commission in Brussels, clearly aim to interconnect the Balkans and the surrounding regions to facilitate the…
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The Southern Gas Corridor and the Adriatic Countries
The future implementation of the Trans-Adriatic Pipeline (TAP) has revitalized the geopolitical relevance of the Balkan region as a transit energy corridor. Although TAP will be…
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Montenegro Seeks Participation in TAP project
Montenegrin newspaper Dnevne Novine provided a front page focus on the prospects of the Balkan country joining the Trans-Adriatic Pipeline project. (TAP). Discussions on…
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Southern Gas Corridor and the Interest of Balkan Nations
Azerbaijan is promising to supply Europe with even more gas than already contracted - 10 billion cubic meters a year (bcma) from the Shah Deniz 2 field in Caspian Sea. The…
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Cooperation, Environment in Focus at Adriatic Event
Transparency, regional cooperation, environmental protection and fostering competition are crucial principles in defining the Balkan Governments’ approach to the oil and…
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Montenegro Takes First Steps to Gas Industry
Montenegro can achieve multiple benefits stemming from the development of the Trans-Anatolian (TANAP) and Trans-Adriatic (TAP) pipeline projects commented the Minister of Economy,…
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The Western Balkans and EU Energy Security
Energy security is a topic of growing concern to many EU countries and the Western Balkans, here defined as Albania, Bosnia and Herzegovina, Croatia, FYR Macedo…
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The Western Balkans and EU Energy Security: Protecting Europe’s Flank
1.0. Introduction: The Failure of EU Integration and the Threat to Supply Security in the Western Balkans. With the annexation of Crimea by the Russian Federation, the…
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MOG, Energean Bid for Offshore Blocks in Montenegro
Mediterranean Oil & Gas (MOG) announced it submitted a bid with Energean Oil and Gas for the exploration and production of hydrocarbons in offshore areas 4118/05, 4218/30 and…
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EU Pushes for Balkan Gas Market
Regional energy integration, specifically of gas markets, was the message at a recent international forum in Belgrade from the Energy Community. The Energy Community (al…
