Latest Articles about Energy
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‘Hybrid’ Threats from New Russian Offshore Gas Pipelines
Undoubtedly, Russia’s planned construction of new offshore natural gas pipelines, namely Nord Stream Two and Turk Stream, represents an important element in Moscow’s struggle for domination of the European gas market (see EDM, April 11). However, the development and launch of these pipelines also carries... MORE
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Ukrainian Lawmakers Urge World to Reject Russo-German Nord Stream Two Gas Pipeline
The Ukrainian legislature, on April 5, appealed to the international community to stop the construction of the Nord Stream Two natural gas pipeline, which is to carry Russian gas to Germany, bypassing Ukraine. The lawmakers said that the European Commission (EC) should consult with Ukraine... MORE
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Russia Putting the Pieces Together to Maintain Its Gas Stranglehold on Europe
While attending a recent April 3 groundbreaking ceremony for a nuclear power plant the Russians are building in Turkey, President Vladimir Putin also spoke about natural gas. And it was apparent from his comments that Moscow is continuing to take steps to maintain its energy... MORE
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Business and Geopolitics Jointly Drive Italy’s Energy Relations With Russia
Italian state-owned oil and natural gas producer ENI recently halted a joint project with Russia’s state oil company Rosneft in the Black Sea, according to Russian media reports (Construction.ru, March 30). Drilling operations by the two companies at the Maria-1 well had started in December,... MORE
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Azerbaijan, Iran Reach Breakthrough on Disputed Fields in the Caspian Sea
Iranian President Hassan Rouhani paid an official visit to Baku, Azerbaijan, on March 28. During the visit, Azerbaijan and Iran signed a memorandum of understanding on joint development of offshore hydrocarbon fields in the Caspian Sea (President.az, March 28). Remarkably, the names of the fields... MORE
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Southern Gas Corridor Raises Significant Financing, but Still Faces Provocations
On February 6 and March 15, the European Investment Bank (EIB) allocated loan packages of €1.5 billion ($1.8 billion) and €932 million ($1.14 billion) to complete the construction of the Southern Gas Corridor’s (SGC) two main segments, which will carry Caspian-basin natural gas from Azerbaijan... MORE
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Moscow Plans New Arctic Port to Bypass Baltics and Ukraine
Because oil and natural gas are Russia’s largest exports (Gks.ru, accessed April 3), it is entirely understandable that Moscow’s efforts to build pipelines to the West bypassing the three Baltic States and Ukraine continue to attract a great deal of attention. But much less attention... MORE
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Russia’s Long-Term Agreement With OPEC: A Temptation Moscow Might Resist
Saudi Crown Prince Mohammad bin Salman stated, on March 26, that the Organization of the Petroleum Exporting Countries (OPEC) is considering signing a new long-term agreement with Russia and other non-OPEC members. This accord that would allow the group to control prices on the international... MORE
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What Turkmenistani President’s Visit to Gulf Means for TAPI Pipeline Project
Turkmenistan’s President Gurbanguly Berdimuhamedow visited the United Arab Emirates and Kuwait in mid-March as part of a campaign to revive a long-stalled natural gas pipeline from his country to Pakistan and India (Neftegaz.ru, March 16). The visit occurred three weeks after a February 23 groundbreaking... MORE
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Baku Pushes New Azerbaijan-Iran-Turkey-Georgia Grouping to Enhance Intra-Regional Cooperation
On March 15, Baku hosted the first official ministerial meeting of a new quadrilateral regional format, encompassing Azerbaijan, Turkey, Iran and Georgia (Trend, March 15). The new grouping was conceived to enhance cooperation among the four neighboring states, particularly in the security sphere. Until now,... MORE