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....
Posted on July 28, 2010 10:43 AM
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...
Posted on March 3, 2010 4:03 AM
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...
Posted on December 16, 2009 4:59 AM
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...
Posted on December 4, 2009 3:59 PM
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
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
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...
Posted on March 12, 2003 11:35 PM
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...
Posted on May 29, 2001 10:00 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
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
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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