The Kurdistan Regional Government (KRG) in northern Iraq has announced a plan to construct an oil pipeline to Turkey with a volume of 1 million barrels per day (bpd), move hinting at tectonic shifts in the geo-economics and associated geopolitics … Continue reading →
The president of the State Oil Company of Azerbaijan (SOCAR), Rovnag Abdullaev, has announced that the US$8 billion-plus Trans-Anatolian Gas Pipeline may be expanded four-fold from its initially planned volume of 8-16 billion cubic meters per year (bcm/y) to as … Continue reading →
The visit by Turkey’s foreign minister Ahmet Davutoglu to Beijing a week ago, follows by a scant three weeks the visit by China’s prime minister Wen Jiabao’s to Ankara on October 7-8 as part of the latter’s European diplomatic tour … 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, for two decades a reliable energy supplier for the West, may reconsider that “partnership” as Europe drags its feet over the proposed Nabucco pipeline and the Caspian country sees its hope that it could eventually join the North Atlantic Treaty Organization extinguished.
Continue reading →The European Council, in a meeting principally devoted to determining the European Union’s policy towards its eastern members and preparing an EU position for next week’s Group of 20 summit in London, also took an important decision last week on … 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 armed conflict between Russian and Georgia has further exposed the fragile position of the energy links running through the smaller country from the Caspian Sea to developed market economies South Ossetia energy geopolitics on the ground today Russian forces … Continue reading →
Recent weeks have seen increasing United States activity in favor of constructing the Trans-Caspian Pipeline for natural gas (TCGP, Trans-Caspian Gas Pipeline) from Turkmenistan to Azerbaijan. But what are the chances of anything really happening? From the technical standpoint, there … Continue reading →
A significant indicator of Turkmenistan’s future diplomatic and economic course, and for the Trans-Caspian Gas Pipeline (TCGP) in particular, is whether new President Gurbanguly Berdimuhamedow will undertake a rapprochement with Azerbaijan. Former president Saparmurat Niyazov, self-styled “Turkmenbashi” (leader of Turkmens), … Continue reading →