Latest Articles about Energy
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Doping and Rosneft tarnish the Remnants of Russia’s Reputation
Two breaking news dominated the political debates and rumor bazaars in Moscow at the end of last week. One was the publication of the World Anti-Doping Agency’s report on the second part of the independent investigation led by Richard McLaren on the scope of use... MORE
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Azerbaijan’s SOCAR Interested in Buying a Stake in Georgia’s Oil & Gas Corporation
The finance minister of Georgia, Dimitri Kumsishvili, recently announced that the Georgian government is considering selling a 25 percent stake in the state-owned Georgian Oil & Gas Corporation (GOGC) on the international stock exchange in 2017 (Cbw.ge, November 30). Meanwhile, Azerbaijan’s State Oil Company (SOCAR)... MORE
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Perspectives for Israeli Gas in Southern Gas Corridor Hampered by Economic Limitations
Israeli Ambassador to Azerbaijan, Dan Stav, announced, on November 6, that his country was “considering the possibility to transport its natural gas to Europe via the Trans Anatolian Natural Gas Pipeline [TANAP] through Turkey.” Earlier, on October 14, Turkish presidential advisor Cemil Ertem declared that... MORE
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Strategic Assessment: Ukraine Faces New Challenges After War Shock
The following political landscape piece is a part of Eurasia Daily Monitor’s special quarterly series of strategic assessments of developments across Eurasia. These pieces examine recent important developments and trends in the region, particularly since this past summer, and anticipate where those trend lines may... MORE
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Turkey and Russia Work on Normalizing Relations, Sign Agreement on Scaled-Back Turkish Stream Pipeline
Earlier this month, Turkey hosted the 23rd World Energy Congress in Istanbul. The theme of the Congress, held on October 9–13, was “Embracing New Frontiers.” The participants—who included 3 presidents, 56 ministers, as well as academics and energy experts from 82 countries—came together to address... MORE
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Azerbaijan Strengthens Its Energy Position in Turkey
Top decision makers, opinion leaders and CEOs of the world’s largest energy companies, including BP, Gazprom, Shell and Total, convened in Istanbul, on October 9–13, for the 23rd World Energy Congress. High-level officials, including 56 ministers from various countries around the globe, also attended the... MORE
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Italian Delays in TAP’s Construction Weaken the EU and Russia Alike
Political infighting and bureaucratic red tape in Italy are jeopardizing the realization of the Trans-Adriatic Pipeline (TAP), the westernmost segment of a wider energy corridor to bring Azerbaijani natural gas to Southeastern Europe. In turn, these problems are frustrating Rome’s efforts to establish a Mediterranean... MORE
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Belarus Charts Course Between Russia and Poland
The nine-month-long argument about the price of Russian natural gas for Belarus has finally been resolved—for now. Belarus will compensate Russia for underpayment from January 1 to July 1, 2016 (during that period, Belarus payed only $73 per 1,000 cubic meters instead of $132, as... MORE
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Oil Strike in West Kazakhstan Highlights Limits of Energy-Based Growth
The latest meeting of the Organization of Petroleum Exporting Countries (OPEC) in Algeria, on September 28, brought some relief to producers, with the price of oil finally trading above $50 per barrel for the first time in months. News of a preliminary deal, whose implementation... MORE
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Ukrainian Government Moves Ahead With Some Important Energy Reforms, Stumbles on Others
Ukraine has approved reforms aimed at changing domestic electricity market rules, a step that is essential for curbing corruption in the power sector. This complements the natural gas pricing reforms undertaken earlier, in 2015–2016, which achieved price parity on the domestic market with import prices;... MORE