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

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

Given the centrality of energy to the Russian economy and the withering impact of continuing low energy prices and sanctions, Russia has ample reason to promote energy deals with anyone it can find. The annual St. Petersburg International Economic Forum has historically served as a... MORE

In early May, the Electric Networks of Armenia (ENA) joint-stock company (a subsidiary of Russian RAO UES International) submitted a request to Armenia’s state regulatory commission for a fee increase for retail customers. Currently, there is a two-tier price system, with 42 Armenian dram (about... MORE

On June 3, the president of the State Oil Company of Azerbaijan Republic (SOCAR), Rovnag Abdullayev, said that by the 2020s, gas production in Azerbaijan will reach around 40 billion cubic meters per year (bcm/a) (News.az, June 3), from the current level of 30 bcm... MORE

Moscow and Tehran have been preparing an agreement to barter Iranian oil for Russian goods. This “goods for oil” trade seems to be finally going ahead this month, before the June 30 deadline to reach a comprehensive agreement on the Iranian nuclear program. For many... MORE

Historically, Russia has treated the Balkans as an area solidly within its sphere of vital interests, and that is still the case today. While individual Balkan countries are not especially important geostrategic players in Europe, their location imparts to them a greater, even possibly exaggerated,... MORE

In April 2015, the parties to the CASA-1000 project (Kyrgyzstan, Tajikistan, Afghanistan and Pakistan) signed a number of important legal documents that allow them to finally break ground on the project (Casa-1000.org, April 27, accessed June 5). The construction of the large-scale electricity transmission project,... MORE

Prior to its start, the European Union’s May 21–22 Eastern Partnership (EaP) summit in Riga was widely anticipated, given that the previous summit in Vilnius had been overshadowed by the war in Ukraine and newly evident Russian expansionism. Russia’s aggressive policies caused concerns in those... MORE

Ukraine’s hopes to cut its dependence on gas imports from Russia through shale gas development have been dashed. The two multinationals that won government tenders to develop non-traditional gas deposits in Ukraine, Chevron and Shell, stopped their works last year, and there is no clarity... MORE