Russia may raise electricity prices more than the 5% planned following the Sayano-Shushenskaya power station disaster, says Reuters.  Ukrainian Prime Minister Yulia Tymoshenko has stated that the country's gas problems with Russia have been almost entirely resolved.  According to the Moscow Times, Putin will accept Ukraine only purchasing as much gas as the country can afford.  Gazprom has confirmed that talks are underway with Japan regarding a gas link to the Far East.  To get up to speed on nuclear projects in central, eastern and southeastern Europe, look here.  The crisis has affected a number of projects in that region.  Vladimir Putin has apparently told Bulgarian counterpart Boyko Borissov that Bulgaria needs to make a decision on the Burgas-Alexandroupolis pipeline.  Rosneft reported profits of $1.61 billion for the second-quarter of 2009, falling beneath the ...

Given all the news this week of Russia and Italy's South Stream deal with Turkey in exchange for a nuclear power plant, I thought I would repost an article written by Robert Amsterdam last fall in Energy Risk on Turkey's political pipelines.

FROM OCT. 2008, ENERGY RISK:

Turkey's political pipelines

Turkey's strategic position at the crossroads of East and West has put it at the centre of a geopolitical tug of war, with energy supply a key driver. Robert Amsterdam examines the energy policies being brought to bear in the region

Turkey's role in global affairs is defined by its geostrategic importance as the bridge between Europe and the Near East. Following Russia's invasion and occupation of Georgia in August, which caused considerable energy supply jitters, Turkey was once again thrust into the spotlight as the European

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