The Shah Deniz gas producers’ consortium has approved the final investment decision (FID) on December 17, 2013, launching Phase Two of production at the project in Azerbaijan (see accompanying article). This decision has two immediate consequences, both of them pre-programmed. It validates the long-term gas... MORE

On December 17, 2013, in Baku, the Shah Deniz natural gas producers’ consortium approved the Final Investment Decision (FID) to start Phase Two of production. The investment commitment is valued at $25 billion for field development, separately from the estimated $20 billion for the construction... MORE

Georgia had a difficult year in 2013 by any standards. The conflict-ridden period of co-habitation between President Mikhail Saakashvili and Prime Minister Bidzina Ivanishvili lasted until October 2013 and fundamentally destabilized the country’s fragile political and economic system. Co-habitation ended as Georgia elected Giorgi Margvelashvili... MORE

On December 18, 2013, the prosecution filed charges in a new case against Tbilisi mayor Gigi Ugulava, the last major holdout official from the opposition United National Movement (UNM). The prosecution now alleges, in essence, that Ugulava had misappropriated 48 million lari (some $25 million)... MORE

Georgia’s Prime Minister Irakli Gharibashvili, in office since November 2013, has heralded a resurgence in politically-motivated prosecutions against officials of the previous government and current opposition party, the United National Movement (UNM) (see EDM, November 22, 2013; January 7, 2014). Recent developments in several high-profile... MORE

Georgia’s Prosecutor-in-Chief Otar Partskhaladze had to resign on December 30, 2013, following disclosures that, in 2001–2002, he had served a sentence of one year and three months in a prison in Augsburg, Germany, for robbery and resisting the German police (Rezonansi cited by Interpressnews, December... MORE

On December 10, the Azerbaijan-Kazakhstan intergovernmental commission on economic cooperation met in Baku. Besides discussing various economic projects to boost mutual trade and investment, ministers from the two governments considered how to expand cultural exchanges.The two governments have repeatedly expressed disappointment with their low levels... MORE

The interim agreement, concluded on November 24 with Iran and six world powers led by the United States, will see Tehran cap its nuclear program at a reduced capacity in exchange for relaxed international sanctions. The deal has met with strong resistance from some quarters,... MORE

Russian President Vladimir Putin visited Armenia on December 2 to seal his triumph in turning Armenia away from the European Union (see accompanying article). Putin and Armenian President Serzh Sargsyan noted that Armenia has participated in three high-level meetings in the course of three months... MORE

Back-to-back with the European Union’s Eastern Partnership summit in Vilnius (see EDM, December 3–5), Russian President Vladimir Putin paid a state visit to Armenia on December 2. Putin’s timing was designed to underscore Russia’s capacity to induce Armenia to choose Russia and Eurasia over Europe.... MORE