Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I don't imagine former Soviet countries like Belorus suffering particularly badly from Oil crunch. Belorus is next door from my birth places; they like driving, but not particularly madly. There was some Soviet dirty demanding industry there, but that scale is long forgotten. Yes, Belarus is sucking cheap Soviet-Russian oil for "ages", but if that must stop they will adopt. The people will not be "surprised" by diminishing supplies - they've seen that since medieval wars and privileges, 20th century world wars and revolutions, and most recently, since the break up of Soviet system. In effect, people are more self-reliant there than in any Wild West (though the trick of mutual support is not forgotten). They will adjust their needs like no one else.

I can say that I experienced a kind of energy blackout: after Lithuania declared independence in March 1990, the Soviet government cut energy supplies the next month, and that blockade continued till July 1991. (PDF). Traffic became more quiet, but travel by bus was still possible (as I started my studies in Vilnius). My family was determined to finish building a new house, now matter the costs...

by das monde on Mon May 26th, 2008 at 08:54:55 PM EST
How about Moldova? They seem to be the forgotten country in Europe - even less attention is paid to them that to Belarus or Albania, and it is much, much poorer than either.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes
by Carrie (migeru at eurotrib dot com) on Tue May 27th, 2008 at 03:39:12 AM EST
[ Parent ]
Has Romania still got those oilfields I remember from wwII documentaries or are they all drilled out?

Moldova being essentially Romanian anyway (except Transnistria) maybe a closer relationship with Romania would be possible?

Mind you, I have not followed Moldovan politics after the Transnistrian break-away so I do not know anything about present-day relations to Romania.

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by A swedish kind of death on Tue May 27th, 2008 at 08:22:47 AM EST
[ Parent ]
Romania is pretty much down, peaked ages ago, but with current prices anything is possible. They are even drilling in Austria again!

As a matter of fact, Romanian production could well be increased, even if they'll never return to peak production, if new investments are done to update the ancient equipment, put new competent engineers in charge, redrill old wells and drill new ones etc.

A Swedish company is doing that very thing.

Well, it's Ukraine now but used to be Romania.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Tue May 27th, 2008 at 08:42:35 PM EST
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Have they done secondary recovery? i.e. water injection, or tertiary recovery?  Usually at most 40-50% of total reserves can be extracted without secondary recovery.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu May 29th, 2008 at 12:37:27 AM EST
[ Parent ]


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