Latest Articles about Energy

Gazprom Feeling the Competition in Europe—Even From Russian Rivals
With surging American and Middle Eastern liquefied natural gas (LNG) exports already threatening Gazprom’s pipeline-based market share in Europe (see EDM, April 3), the Russian energy giant is lambasting another LNG competitor—Novatek, a Russian rival. Novatek denies that it poses a major threat to Gazprom’s... MORE

New Caspian–Black Sea Transit Corridor Boosts Geostrategic Importance of South Caucasus
On March 4, Romania, Azerbaijan, Georgia and Turkmenistan held a ministerial meeting in Bucharest—the first such quadripartite gathering for these governments. During this meeting of their foreign ministers, the parties issued a joint statement reaffirming mutual respect for each other’s sovereignty, territorial integrity and inviolability... MORE

Gazprom’s Surprise Acknowledgement of Tough Competition from US LNG
A high-ranking Gazprom official has admitted for the first time that liquefied natural gas (LNG) exports from the United States have negatively impacted the Russian state-owned energy giant’s sales. Gazprom exported a record volume of gas to Europe in 2018, increasing its market share on... MORE

Fragile Azerbaijani-Armenian Peace Talks Under Pressure From Bellicose Rhetoric
Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan held their fourth—although first “formal”—meeting, in Vienna, Austria, on March 29. The statement (Osce.com, March 29) following their talks, which were facilitated by the Organization for Security and Cooperation in Europe’s (OSCE) Minsk Group, highlighted... MORE

Pashinyan’s Unclear Vision for Armenian Foreign Policy
The past two months saw Armenia engaged in an extraordinary flurry of diplomatic activity. Shortly after the parliament approved the post–Velvet Revolution government’s draft foreign policy program in early February, an Armenian delegation led by Prime Minister Nikol Pashinyan paid an official visit to Iran... MORE

Russia Tightens Its Grip on Uzbekistan’s Oil and Gas Industry
A major challenge for Central Asia’s oil and natural gas industry has always been how to transport petroleum products from the landlocked region to global markets. That issue resurfaced last week (March 6) in Uzbekistan, where a delay in building a pipeline to export more... MORE

For Italy’s Ruling Nationalists, Energy Security More Important Than Putin’s Friendship
New natural gas discoveries in the Eastern Mediterranean might be a boon for the European Union’s efforts to move away from dependence on Russian energy supplies. In the current complex energy game between Europe and Russia, Italy could play an important role as an entry... MORE

Turkmenistan Redirects Its Oil Exports From Azerbaijan to Russia
Swiss firm Vitol and Azerbaijan’s state oil company SOCAR have been embroiled in a quarrel over the transportation of crude oil from Turkmenistan. While the respective companies and government officials from Azerbaijan, Russia and Turkmenistan have kept silent on the matter, media outlets tend to... MORE

Four Intrigues in Putin’s Support for Maduro
Russia has positioned itself as the main supporter of Nicholás Maduro’s regime in Venezuela, thus risking turning a crisis in a far-away country into an embarrassing political defeat. Official propaganda has amplified this issue. Yet, while 57 percent of Russian respondents in a recent poll... MORE

Alleviating Tensions Between Russia and Belarus: Two Paradigms
Those taking a stand on Russian-Belarusian tensions around the so-called oil tax maneuver (see EDM, October 1, 2018; December 12, 2018; January 14, 15, 2019) fall into two main categories: 1) ones carefully trying to examine the core of the issue and 2) politicized speculators.... MORE