The changing geo-economic environment around the Central Asian and South Caucasus hydrocarbon energy producers is reflected in a public flip-flop by a major European Union official this week. At a news conference in Berlin, European Union Energy Commissioner Gunther Oettinger, … Continue reading →
Recent progress towards agreement on the possibilities for constructing a Trans-Caspian Gas Pipeline (TCGP), in the context of the European Union’s Southern Corridor Program, has drawn attention away from moves towards the elaboration of smaller-scale projects for the trans-Caspian transit … Continue reading →
Incident The EU’s president Jose Manuel Barroso, visiting Baku with energy commissioner Guenther Oettinger, has signed an agreement with Azerbaijan’s president Ilham Aliev foreseeing the sale of “substantial volumes of gas over the long term.” But they did not publish … Continue reading →
The appearance of Nabucco financing sources has made possible the signing this week of a transit agreement to govern the natural gas pipeline. The agreement marks an important staging post in bringing to reality the long-touted energy route, which is … Continue reading →
Azerbaijan’s state oil company SOCAR and Kazakhstan’s state monopoly KazMunaiGaz (KMG) this month signed an agreement moving Caspian energy projects for Europe forward as they set out the main principles for a transport system to convey Kazakhstani oil across the … Continue reading →
The signing of the Istanbul Protocol on the Baku-Ceyhan pipeline at the recent OSCE meeting was highly important politically to the leaders who signed it. But the project will in the long run be more important to the peoples of … Continue reading →
The military operations in the Balkans affect the calculations concerning export routes, via Kosovo Caspian energy. The near-term regional effect of the hostilities in Kosovo is to make the Baku-Ceyhan line slightly more likely. This is not to deny the … Continue reading →