“At present you have unbalanced companies … so I understand why they want to change,” said Michael LaBelle, an independent energy expert based in Budapest.
Monthly Archive: January 2010
Jan 13 2010
Second Wave FDI Strategy in Energy hits SCEE
Tweet The energy and consumer resources of the SCEE region are now in play for global players. Traditionally dominated by European utilities which pushed into the region when countries began to privatize their electricity and gas distribution companies, the likes of E.ON, RWE, EDF etc… now a second wave of investment may be occurring. It …
Jan 07 2010
Hungarian ‘national security’ requires MOL toilets
Tweet Once again Hungary makes a farce out of its tendering procedures. On the same day that the Budapest Municipal Court ruled that the tender for two commercial radio frequencies was illegal Hungarian politicians called for the examination of the results of a gas tender. The crime: a Hungarian gas company lost. In both cases …
Jan 05 2010
News: Reuters analysis of Russia-Belarus dispute
“If the oil cut-off was severe, Europe would take action and aggressively look to diversify supplies. Russia is aware of that,” said Michael LaBelle, an independent energy analyst in Budapest who focuses on Central Europe and the Balkans.
Jan 04 2010
Watching the Russian & Ukrainian energy dispute with eggnog
Tweet The cold Christmas and New Years holiday meant the oil dispute between Russia and the Ukraine was subdued with spicy eggnog. This year the dispute was not over gas but oil. Probably the best preparation for this non-crisis was in the form of sitting by the fire and letting it play out. For both …
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Jan 16 2010
Hungarian Perspective of the World
Commentary
by Michael LaBelle
Tweet For those that haven’t seen this wonderful little map – from the Hungarian perspective – it is something to contemplate over a beer this weekend. I have no idea of the original source, but it is pretty a good representation of the Hungarian perspective. To add a little more perspective, drawing from István Bart’s …
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Tags: Gazprom, Hungary