Latest Articles about Energy

The Black Sea: a Hotbed of Corruption over Oil and Gas Deposits?
While the European Union frets over Russian efforts to impose its energy diktat by building gas and oil pipelines on the bottom of the Black Sea, new conflicts are emerging - not over transit routes, but over rich hydrocarbon resources beneath its ancient waters.The ongoing... MORE

Turkey Seeks Closer Energy Partnership and LNG Contract with Qatar
The Emir of Qatar, Sheikh Hamad bin Khalifa al-Thani, paid a two day visit to Turkey on August 17-18, as the guest of Turkish President Abdullah Gul. They both signed several agreements aimed at improving bilateral relations, including promoting closer cooperation on energy issues.On August... MORE

Samsun-Ceyhan, Burgas-Alexandroupolis: Russian Options to Absorb Kazakhstan’s Oil Production
If implemented, the Burgas-Alexandroupolis and/or Samsun-Ceyhan projects would reinforce Russia's quasi-monopoly on oil transportation from Kazakhstan to international maritime ports. Approximately one half of Western companies' production from Kazakhstan is already being delivered through the Caspian Pipeline Consortium's (CPC) existing pipeline, via the North Caucasus,... MORE

Russia Shows Interest in Samsun-Ceyhan Oil Pipeline Proposal
Russian Prime Minister Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan signed a protocol on cooperation in the oil sector during Putin's recent visit to Ankara (EDM, August 10, 11, 12). This protocol -one of several ambitious declarations of intent during Putin's visit- focuses... MORE

Turkey and Russia Renew Bilateral Confidence
One retired Turkish ambassador told Jamestown that the latest energy deals signed between Turkey and Russia are as promising as the 1970 agreement on establishing an iron and steel plant in Iskenderun in southern Turkey, with the assistance of Soviet technology. Turkey and Russia, despite... MORE

Russian Military Weakness Could Delay Conflict with Ukraine
Russian President Dmitry Medvedev has publicly attacked his Ukrainian counterpart Victor Yushchenko and called his administration's policies deliberately anti-Russian. In an open letter and in a video posting on his official Kremlin blog, Medvedev accused Ukraine of supporting "barbaric attacks" by the pro-Western regime of... MORE

Turkey Seeks Closer Economic and Political Integration with Iraq
Foreign Minister Ahmet Davutoglu, accompanied by Zefer Caglayan, the state minister responsible for foreign trade, visited Iraq on August 11, as part of an emerging strategic dialogue between Ankara and Baghdad. Prior to departing for Baghdad, Davutoglu held a lengthy press briefing and outlined the... MORE

Hungarian MOL Takes Steps to Keep Production License in Russia
Hungarian MOL's oil-producing joint venture in Russia, ZMB, has gained a respite from the Russian authorities' threat to revoke its production license. ZMB (Zapadno-Malobalyk), a parity joint venture of MOL with Russneft in western Siberia's Khanty-Mansi district, had recently been warned by Russia's mineral resources... MORE

Russia’s Far East Energy Dilemma
The Russian government began insisting in late July that gas from the Sakhalin-1 project must not be sold to China by its partners, including ExxonMobil, but instead diverted to meet the growing demand in Russia's Far East provinces. Many observers were shocked by what they... MORE

Sakhalin-Khabarovsk-Vladivostok Pipeline Launched
On July 31 the Russian Prime Minister, Vladimir Putin, formally launched the construction of the 1,800 kilometer Sakhalin-Khabarovsk-Vladivostok natural gas pipe-line (ITAR-TASS, July 31). This new strategic pipeline is designed to supply natural gas to the population of the Russian Far East, so far deprived... MORE