Latest Articles about Energy

Despite US Sanctions on Iran, Green Light for the Southern Gas Corridor

The United States’ Federal Register published the “Iranian Transactions and Sanctions Regulations” on November 5, re-imposing US sanctions on Iran (Federalregister.gov, November 5). This expected action by Washington had raised concerns in Baku about the potential implications of renewed Iran sanctions on Azerbaijan’s Shah Deniz-II... MORE

Lithuania’s Expectations From the Three Seas Initiative

The president of the Republic of Lithuania, Dalia Grybauskaitė, joined her counterparts from across Central-Eastern Europe to attend a summit of the Three Seas Initiatives (3SI) in Bucharest, Romania, on September 17–18. At this grouping’s latest top-level meeting, the 12 participating leaders from the Baltic,... MORE

After Three-Year Hiatus, Gazprom to Renew Purchases of Turkmen Gas

Under Communism, Turkmenistan’s greatest contribution to the economy of the Union of Soviet Socialist Republics (USSR) was its natural gas. And following the 1991 collapse of the Soviet Union, gas exports swiftly became Turkmenistan’s biggest source of revenue. Yet, its relationship with Russia’s Gazprom was... MORE

Claims of Peak Oil Production in Russia Probably Overblown

Russian authorities have announced that domestic oil production hit 11.36 million barrels per day (bpd), on average, in September (Vedomosti, October 2). This marks a new historic peak, rea­ched despite the often-cited poor shape of the Russian economy and negative impact of Western sanctions, not... MORE

Mongolia Links Gas Transit Pipeline to Asian Super Grid Negotiations

During the September 12 meeting of the Eastern Economic Forum (EEF), in Vladivostok, Russia and Mongolia, together with China, Japan, and South Korea, signed a number of hydrocarbon production and supply agreements designed to accelerate development of regional energy supply infrastructure in Northeast Asia. Mongolian... MORE