Entries from Robert M. Cutler on Energy and Eurasia tagged with 'Total(FinaElf)'

Nazarbaev faults Europe on Nabucco

President Nursultan Nazarbaev of Kazakhstan publicly endorsed the Nabucco natural gas pipeline earlier this month, then criticized Europe for putting too much talk into the project and not enough action....

Turkey and Azerbaijan Move Towards Agreement on Shah Deniz Gas

In recent days, energy diplomats on both the Azerbaijani and Turkish sides have revealed that an agreement in principle over the price that Turkey will pay for Shah Deniz gas from Azerbaijan has been reached. However, there are several ongoing...

Surprises aplenty in Iraqi oil selloff

The distinguishing feature of Iraq's auction of oil rights this weekend is the relative absence of American companies, in contrast to five weeks ago, when US firm ExxonMobil and Anglo-Dutch Shell signed an agreement to develop the West Qurna Phase...

Azerbaijan looks past Turkey

Azerbaijan's efforts to diversify gas export routes and reduce its reliance on Turkey as a transit country for moving the fuel on to Europe are increasing as its negotiations with Ankara over supplies continue to face difficulties. As talks with...

Kashagan Leads Kazakhstan To Increase Trans-Caspian Oil Exports

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...

Kazakhstan Threatens Oil Export Duty Following Kashagan Settlement

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...

Russia Begins Oil Swaps with Iran

Iran has been seeking since the mid-1990s to undertake oil swaps with Kazakhstan and Turkmenistan as a way to increase its own exports. Such swaps involve Iran’s importing oil in the north on its Caspian Sea coast for domestic refining...

Recent developments in the self-organizing Caspian pipeline network

A sensational report has arrived that Moscow may be altering its policy on the Baku-Tbilisi-Ceyhan (BTC) export pipeline, so as to permit Russian companies to participate in its construction and operation. Russia's foreign minister Ivan Ivanov is said to have...

New Configurations around the Caspian Sea (4/4)

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...

How Shah-Deniz Is Changing the Equation (4/9)

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....

Southwest Asia and the Caspian Region

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.

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