Via Stratfor (subscription required & recommended), interesting analysis of the deal signed between Russia and Azerbaijan on June 29, under which Russia will pay Azerbaijan $350 per thousand cubic meters of natural gas — the highest price Russia has paid for natural gas from the Caucasus or Central Asia. As the article notes, Moscow hopes […]
Read more »Via Energy Daily, a report on Azerbaijan’s oil production and economic progress. As the article notes: “…Last year Azeri oil production totaled 44.5 million tons of crude, while the government’s original forecast was for 50 million tons. Speaking at a news conference in Baku on May 22, Industry and Energy Minister Natig Aliyev told journalists, […]
Read more »Via Energy Daily, an intriguing analysis of a recent agreement beween Russia and Azerbaijan that may be the harbinger of a dramatic shift in Baku’s Western-leaning policy. As the article notes: “…On March 27, officials from Gazprom and the State Oil Co. of Azerbaijan Republic signed a memorandum of understanding providing that discussions between the […]
Read more »From Windows on Eurasia, an interesting report that Azerbaijan hopes to send more oil through Russia. According to the article: “…The State Oil Company of Azerbaijan (SOCAR) is negotiating with Russian officials to boost the amount of oil transported by Russian pipelines to the West, a move that many people around the world will see […]
Read more »Via Radio Free Europe, an insightful look at the multitude of Caspian pipeline projects that leaders of the Caspian Sea littoral states — Azerbaijan, Russia, Kazakhstan, Turkmenistan, and Iran — and others such as the EU and U.S. are discussing, debating, funding, and developing. As the article notes: “…we are in the middle of a […]
Read more »As recently reported in The Financial Times, Azerbaijan – already a growing force on world oil markets – is carving a role for itself both as a natural gas exporter and as a strategic gas transit route linking the Caspian region with the west. As the article notes: “…2007 marked a turning point in the […]
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