Two events coincided this week to point towards further complications in Euro-Caspian energy geo-economics. Azerbaijan has signed a memorandum of understanding (MoU) with Georgia and Romania to promote liquefied natural gas (LNG) transportation across the Black Sea, and has separately...
Posted on April 23, 2010 9:52 AM
Statements by Azerbaijani and Turkish diplomats indicate that the two sides have reached an agreement in principle concerning the price that Turkey will pay for gas from the offshore Shah Deniz deposit for its own domestic consumption. With these signals,...
Posted on March 11, 2010 2:32 PM
В том, что касается разработки и использования энергоресурсов бассейна Каспийского моря, Китай постепенно превращается в игрока, с которым приходится считаться. Вкупе с давно сложившимся пересечением региональных интересов России, Европы и США это должно послужить напоминанием о динамично меняющейся ситуации в...
Posted on December 28, 2009 5:23 AM
Prepared remarks to the Wilton Park Conference The South Caucasus and Wider Black Sea Neighbourhood: Regional Developments and Euro-Atlantic Integration, Wiston House, West Sussex (U.K.), 23–26 November 2009. China's emergence as an important player in the development and use of...
Posted on November 25, 2009 7:15 PM
Recent energy and other developments in Southwest Asia, particularly involving Turkey, Iran and Iraq, sketch the outline of an imminent reorganization of international relations in the region. This will have knock-on effects for Eurasia as a whole and the shape...
Posted on November 13, 2009 2:46 PM
In a 1955 essay in The Economist, British historian C Northcote Parkinson formulated the now well-known "law" forever after eponymously associated with him, that work expands so as to fill the time available for its completion. Another of his aphorisms,...
Posted on July 3, 2009 12:53 AM
Kazakhstan and Azerbaijan have culminated years-long negotiations with agreements that increase the amounts of Kazakhstani oil to be shipped across the Caspian Sea, supplementing Azerbaijani crude in the Baku-Tbilisi-Ceyhan (BTC) pipeline. Still more significant, redevelopment and expansion of ports on...
Posted on July 9, 2008 9:23 AM
Azerbaijan’s president Ilham Aliev has announced a doubling of the reserves of both oil and gas in his country’s Caspian offshore. New finds in as many of five fields to be developed contain perhaps 50 trillion cubic feet of gas,...
Posted on June 25, 2008 10:21 AM
Two weeks after successful renegotiation of Kazakhstan's participation in the Kashagan offshore project, the country's energy minister stated on January 29 that Kazakhstan may impose a duty on nearly half of all exports of crude and oil products beginning in...
Posted on February 6, 2008 8:50 AM
The Karachaganak energy field sends gas for processing to a Gazprom plant in Orenburg, Russia. The decision where to process oncoming increased Karachaganak volumes has significant implications for future development of Kazakhstan's national pipeline system.
Posted on September 8, 2004 7:17 PM
Oil from the Tengiz deposit in western Kazakhstan is being pumped westward through a pipeline through southern Russia. The pipeline, built by the Caspian Pipeline Consortium (CPC), has cost $2.6 million to construct: twice the originally estimated cost. It will...
Posted on September 12, 2001 6:20 PM
In late March, Kazakhstan's Prime Minister Kasymzhomart Tokaev turned the tap at the Tengiz field to begin filling a pipeline built by the Caspian Pipeline Consortium (CPC). This 1,580-kilometer pipeline was built to take oil from Tengiz (estimated to hold...
Posted on August 7, 2001 3:52 PM
Mavi akım projesinin tamamlanması konusundaki kuşıkular son dönemlerde daha da arttı. Bunun birinci nedeni, Türkiye'deki krizin sürmesi ve bizzat Mavi Akım anlaşımasına yönelik yolsuzluk soruşıturması....
Posted on August 6, 2001 11:15 AM
It is projected that the Blue Stream pipeline will increase Turkey's dependence on Russian sources of natural gas from the current two-thirds level to about four-fifths. For this reason, the United States has reportedly raised hesitations to Ankara over the...
Posted on August 1, 2001 3:38 PM
The selection several weeks ago of Italy's ENI as operator of the Offshore Kazakhstan International Operating Company (OKIOC), which is exploring the vast Kashagan deposit offshore from Kazakhstan, came as a surprise to most observers. Eni was a dark horse...
Posted on March 28, 2001 10:36 PM
The current, contradictory phase of events around the Caspian is captured by the difficult realism of Viktor Kalyuzhnyi, Russia's deputy foreign minister, who also serves as President Vladimir Putin's special envoy on Caspian affairs. As developments continue to accelerate, Russia...
Posted on March 21, 2001 10:09 PM
Между Россией и Европейским Союзом (ЕС) идет серия переговоров о новых соглашениях на долгосрочные поставки российских энергоносителей. Европа хочет заручиться гарантией значительного увеличения поставок нефти и газа из России на длительную перспективу. Имеющиеся транспортные магистрали справиться с дополнительным потоком энергоносителей не смогут. Строительство новых трубопроводов, в которых заинтересованы и Россия, и Европа, потребует значительного финансирования. Оно должно придти из Европы. Обсуждаемая формула "энергоносители за инвестиции" сможет работать только при наличии в стране ясной законодательной базы. Первым эффективным шагом России в этом направлении может стать ратификация Договора к Энергетической Хартии.
Posted on November 1, 2000 4:08 AM
Reports have recently circulated of an agreement between Russia and the European Union (EU) for long-term energy sales. Europe wants more Russian oil and gas, but this does not mean that it will not continue to seek oil and gas...
Posted on October 11, 2000 12:53 AM
The article examines once more the results of the Shah-Deniz find for the Russia-Turkmenistan-Ukraine triangle. It first dissects the most recent developments in their interactions over energy supplies and policy. It then examines the question of what the Russian contract...
Posted on September 26, 2000 7:12 PM
This week I continue my analysis of the fall-out from the gas discovery in the Shah-Deniz deposit offshore on Azerbaijan, which, as explained earlier in this series, has led Turkmenistan to turn away from the Trans-Caspian Gas Pipeline (TCGP) project....
Posted on August 1, 2000 6:48 PM
In mid-January, the first multilateral meeting of parties interested in the Trans-Caspian Gas Pipeline (TCGP), which will carry natural gas from Turkmenistan to Turkey, was held in Ashgabat. It included the countries concerned, parties to the TCGP consortium that will...
Posted on February 8, 2000 8:34 AM
At the end of this summer, the Kazakhstani government is scheduled to reach a decision on the export route for Tengiz oil. Of course, in the AIOC main-export-pipeline tradition, it could decide to postpone the decision. Still, it is instructive...
Posted on June 8, 1999 2:39 AM
Iran, Iraq, and Turkey continue to dominate energy developments in Southwest Asia. Most of the people in a hurry to get the energy out of the Caucasus and Central Asia are now the political leaders in the region itself.
Posted on March 9, 1999 12:06 AM
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