An interesting analysis of Iran’s efforts to seek out oil swaps via John C.K. Daly and Energy Daily. As Daly points out, five nations share the Caspian’s coastline — Azerbaijan, Russia, Kazakhstan, Turkmenistan and Iran — and, when the Kashagan field comes online, there will be an enormous disparity between production and transit capabilities that […]
Read more »According to today’s WSJ, Iran is planning to construct a new north-south oil pipeline in a bid to raise the volume of crude oil swap capacity with its northern neighbors from 150,000 barrels a day to around 1 million barrels a day. The plan, which is intended to display Iran’s energy capabilities in the region, […]
Read more »Enjoyed this interesting analysis of the Caspian pipeline wars. We have discussed the Trans-Caspian Pipline Project in earlier posts but, in this report, John C. K. Daly takes a close look at Azerbaijan’s future promise and potential perils related to the development of its oil and natural gas resources. Was particularly interested in some of […]
Read more »