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. Recent statistical releases show … 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.
Who buys Kazakhstan oil production today? Question: How might the falling oil prices affect Kazakhstan’s ability to develop and deliver oil to other countries, especially Europe? Answer: The Italian company ENI been major player in the Kazakhstan’s energy sector for … 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 →
Radio interview on Turkmenistan’s energy relations with Europe and Russia and the East-West Pipeline inside the country.
Continue reading →Errors have infiltrated reports of Russian-Turkish gas negotiations. Correcting them reveals that Russia is trying to take advantage of the deterioration of EU-Turkey relations, but Turkey is not taking the bait.
Continue reading →