Latest Articles about Energy
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Russo-Indian Economic Ties During Wartime: Oil, Currency and the Arctic
Following the launch Russia’s all-out war of aggression against Ukraine and growing international economic-political isolation, the Kremlin’s contacts with major regional and international powers have shrunk to three primary players: China, India and Turkey. Specifically, current and prospective ties are being cultivated between Moscow and... MORE
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Uncertain Political Consequences Hamper Proposed Russian-Kazakhstani-Uzbekistani Gas Union
In recent weeks, Russia, Kazakhstan and Uzbekistan have been hotly discussing the possibility of establishing a trilateral natural gas union among the three countries. The union, proposed by Russian President Vladimir Putin, is an alliance that aims to coordinate efforts to transport Russian gas through... MORE
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Beijing Summit Cements China’s Role as Dominant Outside Power in Turkmenistan
Since gaining independence in 1991, Turkmenistan has typically attracted only sporadic international attention both because of its constitutionally mandated policy of strict neutrality and the extreme isolation Ashgabat has pursued with an authoritarianism so severe that it rivals that of North Korea. But the country’s... MORE
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Capacities and Dimensions of Russian Investment in Iranian Oil and Gas Fields
On July 19, 2022, the National Iranian Oil Company (NIOC) signed a memorandum of understanding (MoU) with Russian gas company Gazprom worth close to $40 billion. The deal was signed by the CEOs of both companies during a virtual ceremony on the same day that... MORE
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Can Kazakhstan Rescue Europe Amid the Russian Oil Embargo?
On December 29, 2022, Kazakhstani state-owned oil and gas company KazMunaiGaz announced plans to export oil to Germany starting in January 2023. Arrangements were made to export a total of 1.2 million tons of oil through the Druzhba pipeline via Russia and Ukraine (Informburo.kz, December 29,... MORE
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Azerbaijan Set to Become a Green Energy Supplier to the EU
In December 2022, Azerbaijan, Georgia, Hungary and Romania signed an agreement to build a strategic partnership in the field of green energy development and transmission (President.az, December 17, 2022). According to the document’s text, the four countries plan to work together in developing a 1,195-kilometer... MORE
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Will a Turkish Gas Hub Solve Eurasia’s Energy Troubles?
Speaking at the Russian Energy Week held in Moscow in October 2022, President Vladimir Putin stated that Russia hoped to turn Turkey into an energy hub so that Russian gas may be transited to Europe via Turkey. Putin’s proposal surprised Ankara, though Turkish Minister of... MORE
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Iran Looks to Turkmenistan for Energy Needs
With its massive oil and natural gas reserves, Turkmenistan’s economy is heavily dependent on foreign exchange earnings from the export and sale of these resources. Given this, the country’s economic stability is tied to Ashgabat’s foreign policy and cooperation with its neighbors, including those territories... MORE
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Finland and the Demise of China’s Polar Silk Road
Introduction Only a short time ago, considerable enthusiasm existed in Finland regarding Beijing’s efforts to forge an “Arctic corridor” of railroads and undersea tunnels, satellite ground stations, an airport for scientific expeditions, and massive biorefineries. In this, Finland was not alone but represented only a... MORE
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China Makes a Move in the Middle East: How Far Will Sino-Arab Strategic Rapprochement Go?
Introduction With a well-planned strategy and a careful exploitation of the gaps opened by U.S. foreign policy shifts, China has successfully increased its role as a strategic actor in the Middle East, including by gaining a foothold in the regional arms market. Chinese President Xi... MORE