The International Board of Directors (BoD) of the Extractive Industries Transparency Initiative (EITI) suspended Azerbaijan’s membership in the coalition. The decision came during the BOD’s 36th meeting (on March 8­–9), in Colombia. The EITI promotes the open and accountable management of oil, natural gas and... MORE

Azerbaijan and the European Union launched negotiations on a strategic partnership agreement, on February 7, 2017 (Azertag, February 6; Azernews, February 14). Whereas Armenia concluded negotiations with the European bloc on a comprehensive and expanded partnership agreement, on February 27 (ArmenPress, Lragir.am, February 27). Both... MORE

Europe’s longest running conflict was reactivated in Karabakh on February 25, with cease-fire violations along the line of contact. The skirmishes lasted a few days and left several soldiers dead without yielding any other result. Azerbaijan’s Ministry of Defense stated its forces had “suffered losses”... MORE

During the third ministerial meeting of the Southern Gas Corridor (SGC) Advisory Council, held in Baku, on February 23, the European Commission’s vice president for the Energy Union, Maroš Šefčovič, encouraged international financial institutions to bankroll the SGC project (Trend, February 23). Amidst volatile oil... MORE

Almost a year has passed since fierce fighting broke out for four days in April 2016, between Armenian and Azerbaijani troops in Karabakh. However, the situation along the Line of Contact (LoC) remains tense and explosive to this day. According to the February 26 statement... MORE

For the first time ever, Gazprom officially expressed interest in using the Trans-Adriatic Pipeline (TAP) to deliver Russian gas to Europe (Trend, January 24). During the European Gas Conference in Vienna, on January 24, Gazprom deputy CEO Alexander Medvedev said that Russia’s upstream capacity is... MORE

Amidst intensifying tensions with Russia (see EDM, February 6, 14), Belarus’s relations with another erstwhile ally, Armenia, are also deteriorating. Even though, Armenia and Belarus are both members of the Russia-led Collective Security Treaty Organization (CSTO) military alliance, their bilateral relationship is full of controversy... MORE

The arrest of a travel-blogger Alexander Lapshin, a citizen of Russia, Israel and Ukraine, by Belarusian authorities and his extradition to Azerbaijan (1news.az, February 7) is an interesting case for a number of reasons, and particularly in the context of the unresolved Karabakh conflict. His... MORE

The Greek private limited company Gastrade, owned by the Greek conglomerate Coupelouzos Group, has been licensed to develop a floating storage and regasification unit (FSRU), which would allow for the import of liquefied natural gas (LNG) from various sources, including the United States, to northeastern... MORE

The South Caucasus region has been undergoing a new polarization, with Armenia and Iran increasingly facing off together against Azerbaijan and Israel. Last December’s visits by Israeli Prime Minister Benjamin Netanyahu to Baku and Iranian President Hassan Rouhani to Yerevan are indicative of this trend.... MORE