Latest Articles about Energy
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Southern Gas Corridor’s Advances Cool off Energy Cooperation Between Italy and Russia
The European Union–backed Southern Gas Corridor (SGC) project continues to gain traction against the Moscow-led Turkish Stream natural gas pipeline initiative. The game-changer in the Euro-Russian “battle” for pipelines and energy hubs could be the participation of the major oil and gas producers Iran and... MORE
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China-Pakistan Economic Corridor: Road to Riches?
On April 20, Sino-Pakistan relations took a great leap forward as Chinese President Xi Jinping unveiled plans for investment of $46 billion in the Pakistani leg of the China-Pakistan Economic Corridor (CPEC) (Xinhua, April 22). CPEC is an important component of China’s ambitious ‘One Belt,... MORE
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Threats to Georgian Pipeline Security: What is Moscow’s Game?
Russia’s latest incursions from the breakaway Georgian territory of South Ossetia into adjacent territory heretofore controlled by Georgia have given rise to renewed security concerns for Georgia’s strategic East-West Highway as well as the Western Route Export Pipeline (WREP)—more commonly known as the Baku-Supsa oil... MORE
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Turkmenistan Boosts Ties With Georgia in Anticipation of Strategic Transit Corridor
Turkmenistan’s President Gurbanguly Berdimuhamedov paid his first official visit to Georgia on July 2–3. The most important topics of the meeting between Berdimuhamedov and his Georgian counterpart, Giorgi Margvelashvili, included cooperation in the energy and transportation spheres. During the visit, President Berdimuhamedov reaffirmed that Turkmenistan... MORE
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Fallout From Greece’s Financial Crisis May Negatively Impact Azerbaijan’s European Energy Strategy
The Greek government’s wide-ranging efforts to prevent the country’s financial collapse finally culminated in an agreement with the European Union, on July 13 (see EDM, July 14). The bailout deal provides new concessions regarding Greece’s debt. While the EU may have saved Athens from financial... MORE
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Why Is AGRI Back on Europe’s Energy Security Agenda?
The Azerbaijan-Georgia-Romania Interconnector (AGRI)—a liquefied natural gas (LNG) project, which aims to bring Azerbaijani gas and, in the future, gas from Turkmenistan to Romania and Hungary by way of Georgia and across the Black Sea—was at the center of attention of regional decision makers late... MORE
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Turkmenistan Complains Gazprom Is Not Paying Its Bills
On July 8, Turkmenistan’s Ministry of Oil and Gas noted that Russian state natural gas company Gazprom had failed to pay for imports since the beginning of the year, stating, “The Russian company OAO Gazprom has failed to pay under its contracts for buying and... MORE
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BRICS for Greece
It appeared too great a temptation to pass up for the Kremlin when Greece’s impending default and exit from the Eurozone or even the European Union (the so-called Grexit) occurred simultaneously with the annual BRICS summit, this time under Russian leadership, in Ufa, on July... MORE
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Italy’s Energy Policy Untouched by Turkish Stream’s Flop
In a surprising turn of events, on July 8, the Russian state-run natural gas monopoly Gazprom canceled a contract with the Italian oil and gas services group Saipem. The two companies were supposed to jointly build the first line of Turkish Stream, the Moscow-backed pipeline... MORE
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The Protests and Energy Interdependence in Armenia: View From Baku
The protests in Yerevan against rising electricity prices have sparked a debate over the motives, expectations, and impact of this public outcry (see EDM, June 27). Energy shortfalls and crises have long been a sensitive subject for Armenia due to the painful experiences of energy... MORE