Ukraine looks likely soon to join the growing list of Azerbaijan energy export partners, as Baku continues to add to its findings of offshore natural gas. Ukraine is preparing to build its first liquefied natural gas (LNG) terminal to reduce … Continue reading →
Kazakhstan’s President Nursultan Nazarbaev has just completed a two-day official visit to enhance Kazakhstan-European Union relations. He went to Belgium, the present chairman-in-office of the European Union Council, and France. Kazakhstan is itself president-in-office of the Organization for Security and … Continue reading →
Currency devaluation and banking reforms appear to have set Kazakhstan strongly on the road to recovery. A ministerial shake-up, which appears more rational than President Nursultan Nazarbaev’s usual reorganizations, and higher oil export duties next year, should help to maintain the economy’s strength
Continue reading →Berdimuhamedow announces construction of East-West Pipeline, across southern Turkmenistan to coast of the Caspian Sea, has begun. It would carry 30 bcm/y to a Trans-Caspian Gas Pipeline (TCGP) for shipment to Azerbaijan and retransmission to Turkey and Europe, if the TCGP is built.
Continue reading →In mid-August, BP Azerbaijan announced that oil from Turkmenistan is now entering the BTC in Azerbaijan and will constitute between four and five percent of its present throughput of 800,000 barrels per day (bpd), which is being upgraded to 1.2 million bpd with a view towards eventual inclusion of oil from Kazakhstan’s offshore Tengiz field. These practical steps of cooperation with Azerbaijan, combined with the mid-August announcement in Ashgabad of new directions in Turkmenistan’s gas export policy, point the way towards a European direction for future Turkmenistani production, not forgetting China and the possibility of South Asia, while Iran is given only marginal reference and Russia is ignored.
Continue reading →Political friction over economic issues between the US and China has faded for the time being, but its sources remain and may reappear at any time. Currency issues have been at the center of relations between the US and China … Continue reading →
The differentiation in Russian policy and politics between the program of President Dmitry Medvedev economic reform vs. Prime Minster Vladimir Putin and his circle is becoming more accentuated. Substance of the Medvedev economic reform proposals The Russian economy and stock … Continue reading →
В самом деле попросту американский ученый, однозначно научный работник Института европейских, отечественных и евразийских изысканий Университета Карлтон Роберт Катлер не считает потенциальным роль Армении в плане газопровода «Набукко». «Не считаю настолько потенциальным, что обычно идущий из Каспийского моря трубопровод станет … Continue reading →
The presidents of Azerbaijan, Kazakhstan, Russia, and Turkmenistan ended their four-way Caspian summit meeting in Kazakhstan’s resort city of Kenderly last weekend with its purpose and consequences as clear as distant figures in an early autumn mist. Two elements did … Continue reading →
Question: There’s an opinion, that during the Aqtau summit, the questions concerning Caspian sea were discussed, without Iran. What is your opinion on this? If, for example its true, how would it affect the future talks with all five Caspian … Continue reading →