A most interesting analysis from the blog “On Political Risk, detailing Russia’s recent steps to move closer to its goal of dominating the North African gas market, a potential alternative supplier to Europe. As the report notes: “…Gazprom signed a Memorandum of Understanding with Nigeria to develop gas and oil projects there. Gazprom is already in talks […]
Read more »As reported by Energy Daily, China may build a third west-east gas pipeline in a bid to meet strong demand along its economically vibrant eastern seaboard. As the reports states: The pipeline will start from the western Xinjiang region and is likely to end in Fujian province in the southeast, supplying natural gas to the […]
Read more »Via The Financial Times, an article noting that Brazil’s recent offshore oil find is set to pit one of the world’s most important emerging economies against both foreign equity investors and international oil companies, and may also lead to the creation of a new state owned entity at the expense of Petrobras. As the article […]
Read more »As reported by Windows on Eurasia, with Iran’s declaration that it opposes the construction of any undersea pipelines in the Caspian on “ecological grounds” and thus will block any delimitation of the seabed that allows for them and Baku’s decision not to back the West’s push NABUCCO project, Moscow can claim its first major political […]
Read more »As recently reported by CNN, South Africa and Venezuela sealed a major oil deal during a visit by Venezuela’s President Hugo Chavez, who touted it as an example of southern nations cooperating in a new strategic alliance. As the article notes: “…No details of the deals were immediately available, but they were likely to include […]
Read more »As reported by Energy Daily, the president of energy-rich Turkmenistan recently pledged to significantly boost gas deliveries to China following talks with Chinese President Hu Jintao. As the article notes: “…Each year the future gas pipeline will deliver not 30 billion cubic meters, as before, but 40 billion cubic meters of gas,” Turmenistan President Gurbanguly […]
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