Russia began Turkish Stream construction this month without even a sales contract in place for Turkey to accept the gas. The European Union is unsympathetic to Turkish Stream, which is Russia’s last-minute replacement for the cancelled South Stream project that … Continue reading →
Regardless of Turkish elections results, energy minister Taner Yıldız was going to be leaving his post anyway, because of the term limits on AK Party members that its de facto (because in Turkey the president should in principle be above … Continue reading →
It is in serious trouble, but is the Russian economy unsustainable? Western sanctions have restricted Russian companies’ access to international financial markets, but it is the state’s policies and priorities that are tanking its economic performance. Contents1 Recent statistical releases … Continue reading →
Russia is gambling big with its Turkish Stream problem. Gazprom is preparing to begin work on the Turkish Stream pipeline without there being an Russian-Turkish intergovernmental agreement in place. The Japanese firm Saipem, which Russia has been paying for months … Continue reading →
Interview on John Batchelor Show, WABC-AM (770AM, New York City), 18 May 2015.
Turkish Stream pipeline prospects are not good in the long run even if Russia immediately begins laying the pipeline originally commissioned for use in South Stream.
Contents1 Who buys Kazakhstan oil production today?2 Is there still investment in Kazakhstan oil production today?3 What plans are there to diversify beyond Kazakhstan oil production today? Who buys Kazakhstan oil production today? Question: How might the falling oil prices … Continue reading →
Caspian Sea gas is not so plentiful in Turkmenistan, where the main deposits are in the country’s southeast. Yet with the completion of the East-West Pipeline (EWP), that gas is starting to become politically available for export westward through the … Continue reading →
With Russia politically weakened by the Ukraine imbroglio and the European Union more intent than ever finally to establish its autonomy in energy policy via Caspian Sea gas, Turkmenistan has opened up again the possibility for exporting its gas under … Continue reading →
The Turkish Stream pipeline is increasingly problematic for Russia. Even though it has recently agreed with Turkey on the route of the pipeline, it does not follow that deliveries will begin in December 2016 as stated by a Gazprom representative. … Continue reading →
A recent evaluation of prospects for a revival of the Nabucco West pipeline concludes that it is not feasible in the absence of a Trans-Caspian Gas Pipeline (TCGP) carrying gas from Turkmenistan, presumably crossing Asia Minor through TANAP. To this … Continue reading →