Via Energy Daily, an interesting report that Russia is advancing a proposal that soon could result in an OPEC-like cartel being formed of Caspian riparian states. As the article notes: “…Russia’s proposal for a Caspian Economic Cooperation Organization (CECO) was floated on Oct. 3 by Russian Economic Development Minister Elvira Nabiullina at the first Intergovernmental […]
Read more »Via Energy Risk, a very good analysis by Robert Amsterdam of Turkey’s geostrategic importance as the bridge between Europe and the Near East, particularly as the European Union considers its dwindling options for alternative supply routes beyond the reach of Gazprom, Russia’s natural gas oligopoly. As the article notes: “…A key transit hub of both […]
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 Energy Daily, an interesting report on that Iran and Turkey have recently signed a memorandum of understanding on maritime cooperation. As the article notes, while this – at first glance – might seem a minor news item, it has – in fact – great potential commercial and military significance, as both countries not only […]
Read more »Via Stratfor (subscription required), an interesting analysis on Iran’s option of “cozying up” to Moscow and using that relationship as leverage in talks with the West, or potentially considering Western offers of accommodations and an energy relationship. As the article notes “…Russia’s resurgence and subsequent confrontation with the West over the intervention in Georgia has […]
Read more »Courtesy of Reuters, news that Iran, Ecuador, and Venezuela have agreed to build a refinery and a petrochemical unit in Ecuador. As the article reports: “An agreement was signed between Iran and Ecuador on cooperation in the oil industry and showed the will of the two countries’ presidents to increase cooperation in economy and politics,” […]
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