Via Energy Daily, a report that Iran – in a historic move – is now preparing to tentatively start exploring in the Caspian Sea’s coastal waters as well. As the article notes: “…What is impressive about Iran’s intentions is the fact that its offshore equipment is indigenously produced, a result of 30 years of U.S.-led […]
Read more »Via The Asia Times, a fascinating look at indications that Russian energy giant Gazprom may be preparing to take over a large part of the Hungarian domestic gas distribution network via a highly opaque deal which could threaten Hungary’s energy security. As the article notes: “…On April 28, Emfesz KFT, a major Hungarian gas distribution […]
Read more »Via Stratfor (subscription required), a report that Russia is on the cusp of acquiring BP’s stake in the Caspian Pipeline Consortium pipeline, which would give Moscow majority ownership of a vital energy asset. As the article notes: “…Vagit Alekperov, president of Russian oil firm LUKoil, is in Kazakhstan until May 1, meeting with officials from […]
Read more »Courtesy of The Oil And The Glory, an interesting analysis of the new era of pipeline politics which has emerged in the Caspian region in the past months. As the article notes: “…For the last decade and a half, the main theater for U.S.-Russian fireworks has been pipeline politics. Washington won the first battle with […]
Read more »Via Stratfor (subscription required), interesting analysis of the impact that a recent dispute between Russia & Turkmenistan (which resulted in Russia having an even firmer grip on Turkmenistan’s energy supplies) had upon Iran’s geopolitical power in the region. As the article notes: “…Turkmenistan was reminded recently who calls the shots in Central Asia when Russia, […]
Read more »Via Stratfor (subscription required), analysis of the political relationship between the isolated and energy-rich Central Asian country of Turkmenistan and Russia, which is growing increasingly tense these days. As the report notes: “…Turkmenistan and Russia exchange approximately 50 billion cubic meters (bcm) of natural gas annually. However, when a natural gas pipeline running from Turkmenistan […]
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