Latest Articles about Energy
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SOCAR’s Complicated DESFA Deal Faces New Setbacks
Rovnag Abdullayev, the head of Azerbaijan’s State Oil Company (SOCAR), told reporters on September 5 that his company is waiting for an explanation from the Greek government for its violation of the originally agreed-upon privatization terms for Greece’s Gas Transmission System Operator (DESFA) (Azernews.az, September... MORE
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Russia Pushes ‘Gas Swap’ Plans With Iran Amidst Azerbaijan-Iran Gas Talks
The Presidents of Azerbaijan, Russia and Iran—Ilham Aliyev, Vladimir Putin and Hassan Rouhani, respectively—met in Baku, on August 8, and signed a Joint Declaration committing their countries to deepening cooperation on energy. In particular, the three sides pledged to collaborate on exploring oil and natural... MORE
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Turkey-Russia Rapprochement and Prospects for ‘Turkish Stream’
On June 27, Russian President Vladimir Putin received a letter from President of Turkey Recep Tayyip Erdoğan, expressing Turkey’s willingness to restore ties with Russia (Kremlin.ru, June 27). Immediately, Gazprom spokesperson Sergey Kupriyanov announced his company’s openness to dialogue with Ankara on the construction of... MORE
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Possible Nuclear Power Plant Accident in Belarus Sheds Light on Minsk’s Internal Political Process
The Belarusian Ministry of Energy confirmed, on July 26, that an emergency situation occurred earlier that month at the construction site of the Belarusian nuclear power plant (NPP) (Energobelarus.by, July 27). The power station is being built 18 kilometers from the town of Ostrovets (Grodno... MORE
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Putin and Erdoğan Prepare for a Decisive Russo-Turkish Summit
Turkish President Recep Tayyip Erdoğan will make his first foreign trip after the unsuccessful military coup to St. Petersburg to meet his Russian counterpart, Vladimir Putin, on August 9. In the aftermath of the July 15 coup attempt, thousands of Turkish soldiers, police officers, judges,... MORE
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Southern Gas Corridor Gains New Momentum
Work on the Southern Gas Corridor’s (SGC) implementation intensified to an unprecedented degree in recent months. On March 17 and May 17, the ground breaking ceremonies of two key constituent parts of the Southern Corridor—the Trans-Anatolian Pipeline (TANAP) and the Trans-Adriatic Pipeline (TAP)—were held, respectively,... MORE
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Polish Natural Gas Projects Threaten Gazprom’s Position in Central and Eastern Europe
On May 17, Polish state-owned natural gas pipeline network operator Gaz-System S.A. published its updated strategy for 2016–2025. A noteworthy new element in the document is the plan to create a natural gas hub in Poland, aimed at establishing a regional gas market in Central... MORE
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The Niger Delta Avengers: A New Threat to Oil Producers in Nigeria
Since the start of 2016, the Niger Delta Avengers (NDA), a hitherto unknown group, has claimed responsibility for increasingly frequent attacks on oil infrastructure in the Niger Delta. According to Nigerian Oil Minister Emmanuel Ibe Kachikwu, the attacks have resulted in oil production dropping by... MORE
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Libya’s Economic Crisis: Bringing the Oil Sector Back on Track
Getting Libya’s economy back on track is fundamental to the country’s future. With the Government of National Accord (GNA) finally working from inside Libya and Fajez Sarraj in place as the new prime minister, many foreign powers hope the situation is finally improving (al-Jazeera, May... MORE
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Kyrgyzstan’s Capacity to Meet Its CASA-1000 Obligations Comes Under Question
On May 12, the $1.17 billion CASA-1000 energy mega-project was inaugurated, in Tajikistan, by top-level officials from its participating countries—Afghanistan, Tajikistan, Pakistan and Kyrgyzstan (News.tj, May 12). Although CASA-1000 has secured financing from the United States, the United Kingdom, the World Bank and the European... MORE