Sunday, August 19, 2018 | ePaper

West, Russia battle for Balkans gas corridors

  • Print
AFP, Zagreb :
The West and Russia are battling for control of the transport of natural gas through the Balkans, as both sides pursue their geopolitical agenda in the volatile region.
Moscow has suffered a series of setbacks in the Balkans.
Montenegro has joined NATO, while Macedonia's new social democratic government seems to be distancing itself from its previous pro-Russia stance.
But while the West can offer Balkan countries incentives such as the prospect of membership of the European Union or investment locally, Russia can play the energy card.
Gas accounts for a quarter of the European Union's energy consumption and in 2016, Russia's Gazprom supplied a third of Europe's gas.
And in the Balkans, dependence on gas looks set only to increase as coal-fired power stations shut down-under pressure from the EU.
Croatia is already an EU member, but the other so-called Western Balkan countries-Albania, Bosnia, Macedonia, Montenegro, Kosovo and Serbia-are all at different stages on the path to joining the bloc.
"In Serbia, Bosnia, Bulgaria and Macedonia, Russia tries to convert dependence on gas supplies into political dependence, and obstruct their integration with the West," said Timothy Less, head of the Nova Europa political risk consultancy.
Nevertheless, for the moment at least, Russian influence in the Balkans' energy sector is limited by a lack of infrastructure.
Without gas pipelines, it cannot supply most of the countries in the region, said Less. And it is here that the West hopes to steal a march on Moscow by backing rival projects.
The competing interests of the West and Russia in the Balkans gas market only serve to increase the geostrategic importance of the region.
"Southeast Europe lies at the crossroads of energy corridors linking East and the West," Albania's former foreign minister Paskal Milo told AFP.

More News For this Category

Asif Ahmed Mridha, Proprietor of S A Electronics, speaking at meet the press of its launching programme at a hotel in the city on Saturday. Mozammel Haque, President of Bangabandhu Foundation, Abu Motaleb, FBCCI Director, AKM Nizam Uddin, Superintendent of Bangladesh Police Hospital and Khondhakar Hasan Munir, General Secretary of Bangladesh Athletic Federation among others were present.

Asif Ahmed Mridha, Proprietor of S A Electronics, speaking at meet the press of its launching programme at a hotel in the city on Saturday. Mozammel Haque, President of Bangabandhu Foundation, Abu Motaleb, FBCCI Director, AKM Nizam Uddin, Superintendent of Bangladesh Police Hospital and Khondhakar Hasan Munir, General Secretary of Bangladesh Athletic Federation among others were present.

.

Edible oil import grows

Business Desk :As the consumption of edible oils continues to grow in Bangladesh in pace with population growth and economic development, the import of the commodity also increases gradually

Coca-Cola Company owned bottler International Beverages Private Limited (IBPL) Managing Director Tapas Kumar Mondal and international fast food franchise Herfy's operations Director Imtiaz Faisal, poses for a photograph after signing an agreement at IBPL's head office in the city recently. Under the deal, Cola-Cola beverages will be available in all Herfy outlets across Bangladesh. High officials from both the organizations were also present.

Coca-Cola Company owned bottler International Beverages Private Limited (IBPL) Managing Director Tapas Kumar Mondal and international fast food franchise Herfy's operations Director Imtiaz Faisal, poses for a photograph after signing an agreement at IBPL's head office in the city recently. Under the deal, Cola-Cola beverages will be available in all Herfy outlets across Bangladesh. High officials from both the organizations were also present.

.

StandChart provides scholarship to DU  meritorious students

StandChart provides scholarship to DU meritorious students

Business Desk :Standard Chartered Bank, Bangladesh provided scholarships to top students of Dhaka University Department of Development Studies and Department of Economics, says a press release.Shitangshu Kumar Sur Chowdhury,

Biman's much-coveted Dreamliner due today

Economic Reporter :National flag carrier Biman Bangladesh Airlines is set to enter a new era as its first Boeing Dreamliner 787-8 is set to reach Hazrat Shahjalal International Airport

BAIRA election uncertain

Economic Reporter :A vested quarter has been trying to foil election of Bangladesh Association of Recruiting Agencies of Bangladesh (BAIRA) violating court order, insiders alleged.Sources said the election of

Every day a new car under Walton Eid Campaign

Business Desk :Customers of Walton fridges, televisions and air-conditioners will get brand new car each day till the day before Eid-ul-Azha or Qurbani Eid through registering their purchased items

Buy cattle online

Business Desk :Though the traditional markets still remain the key source of charm for cattle collection, digital platforms, like previous four years, bring greater comfort to consumers in buying

M. Khorshed Anowar, Head of Retail Banking of Eastern Bank Limited and Ruhullah Raihan Al Husain, Chief of Digital Business and Marketing of ADN Group, exchanging an agreement signing document at the Bank's head office in the city recently. Under the deal, ADN customers will enjoy the convenience of the sophisticated payment gateway, while making their online payments using the Bank's Visa or Master Card against purchase of goods and services. High officials from both the organizations were also present.

M. Khorshed Anowar, Head of Retail Banking of Eastern Bank Limited and Ruhullah Raihan Al Husain, Chief of Digital Business and Marketing of ADN Group, exchanging an agreement signing document at the Bank's head office in the city recently. Under the deal, ADN customers will enjoy the convenience of the sophisticated payment gateway, while making their online payments using the Bank's Visa or Master Card against purchase of goods and services. High officials from both the organizations were also present.

.

Mohammad Sanuallah, President of the Institute of Chartered Secretaries of Bangladesh (ICSB) along with its Senior Vice-President Mohammad Bul Hassan, Vice-President Md. Selim Reza and Treasurer Nazmul Karim, attended the orientation programme for the students of 42nd batch on its campus in the city recently.

Mohammad Sanuallah, President of the Institute of Chartered Secretaries of Bangladesh (ICSB) along with its Senior Vice-President Mohammad Bul Hassan, Vice-President Md. Selim Reza and Treasurer Nazmul Karim, attended the orientation programme for the students of 42nd batch on its campus in the city recently.

.