Stakeholders in Nabucco and other Southern Corridor pipeline consortiums, as well as Shah Deniz project stakeholders in Azerbaijan, the European Commission, and many observers consider that investment decisions are a must in the first half of 2011.If finalized at this juncture, the investment decisions would... MORE

The European Commission’s President, Jose Manuel Barroso, and EU Energy Commissioner, Guenther Oettinger, are starting on January 13 an unprecedented joint visit to Azerbaijan and Turkmenistan. They are responding to Turkmenistan’s recent positive signals about supplies for the EU’s Nabucco transport project, but also to... MORE

Moscow has pledged to sustain its crude oil production at high levels and increase exports. However, the economic model of the Russian oil sector still seems to remain largely export-oriented, while the government seemingly views it as a major cash-cow.The authorities have increased the oil... MORE

As South Sudan’s referendum on independence draws nearer, the international community is preparing for the possible division of Sudan into two independent states. With signs of growing tensions and several issues still to be resolved by negotiations—notably agreements on the demarcation of a north-south border... MORE

Belarus seeks to reduce its near total dependence on Russian oil by diversifying the range of supplier countries and import routes. Belarus’ massive oil-processing industry is largely export-oriented and a top currency earner for the national economy. It processes some 22 million tons of crude... MORE

On December 11 in Ashgabat, the top officials of four participant countries signed agreements on a Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, favored on and off (currently on again) by the US government. Presidents Gurbanguly Berdimuhamedov of Turkmenistan, Afghanistan’s Hamid Karzai, and Pakistan’s Asif Ali Zardari,... MORE

Framework agreements on a Turkmenistan-Afghanistan-Pakistan-India pipeline (TAPI) are scheduled for signing by high-level officials of the four countries on December 11 in Ashgabat (Turkmen Television, Press Trust of India, December 8, 9). Its economics and its political symbolism aside, TAPI’s implementation is hardly conceivable on... MORE

China and Burma (Myanmar) are reportedly finalizing a detailed plan that could start work on a high-speed railroad connecting the two countries in as quickly as two months, with some reports indicating that the railroad will be completed by 2015 (China Daily, November 22, Xinhua... MORE

Turkish Energy Minister, Taner Yildiz, welcomed the recent progress in Turkey’s first nuclear power plant project that will be built by Russia and underscored Ankara’s determination to develop nuclear energy through foreign partnerships. Yildiz told reporters that Russian President, Dmitry Medvedev, signed the inter-governmental agreement,... MORE

A few years ago it was common to refer to Russia as an “Energy Superpower.” High global energy prices prior to the global financial crisis and Russia’s control over Central Asian oil and gas exports underscored the seemingly irrefutable proposition of Moscow’s influence. Yet, this... MORE