Via TerraDaily, an article on China’s active engagement of the Democratic Republic of Congo, a troubled nation with huge but largely untapped natural resources such as 34 percent of the world’s known cobalt reserves, 10 percent of its copper, vast forests full of timber and a treasure trove of gold and diamonds. This is just […]
Read more »From Eurasianet.org, a terrific look at Turkmenistan’s delicate balance of making promises to various regional hydrocarbon players, all without the benefit of a published, independent audit of the nation’s petroleum reserves. As the article notes: “…Turkmenistan is believed to be one of the top five nations in the world, in terms of natural gas reserves. […]
Read more »As noted in the Eurasia Daily Monitor, Kazakhstan – despite its efforts to symbolically broaden its foreign policy with recent Presidential visits to places such as Syria, UAE, and the Balkans – and investments such as KazMunayGaz’s recent acquisition of a 75% stake in Romania’s Rompetrol Group, the Balkan pipeline route and East European markets […]
Read more »Via the Wall Street Journal, news that Eni SpA has agreed to buy Burren Energy PLC for £1.74 billion ($3.59 billion), boosting Eni’s assets in Congo and giving it a foothold in Turkmenistan. While Eni is not one of the new Seven Sisters, it has executed a very aggressive frontier market strategy as of late, […]
Read more »An interesting article from UPI’s John Daly via Energy Daily, that points out that the Bush administration’s inattention to Turkish domestic and foreign policy concerns has produced the growing estrangement between the two nations and that Washington has nothing to offer Ankara in the energy sphere. As a necessity, Turkey has moved national energy concerns […]
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