Via The New York Times, an interesting look at Azerbaijan, the small, oil-rich country on the Caspian Sea, which has balanced the interests of Russia (to its north) and the United States since it won its independence from the Soviet Union. But since Russia and Georgia fought a short war this summer, its path has […]
Read more »As reported by The Huffington Post, Russia, Iran and Qatar – which together account for nearly a third of world natural gas exports and hold some 60 percent of world gas reserves – made the first serious moves recently toward forming an OPEC-style cartel on natural gas, raising concerns that Moscow could boost its influence […]
Read more »Via The International Herald Tribune, an interesting look at the recent (mis)fortunes of Russia, Iran, and Venezuela in their bids to challenge United States hegemony in the aftermath of falling oil prices. As the article notes: “…For all three nations, oil money was a means to an ideological end. President Hugo Chávez of Venezuela used […]
Read more »Courtesy of Energy Daily, an interesting look at how – in the aftermath of the August military confrontation between Georgia and Russia –former Soviet republics and rising petro-states Azerbaijan and Kazakhstan have been reassessing their export options, with Iran receiving increased attention in both Baku and Astana. As the article notes, Iran has been moving […]
Read more »Via Energy Daily, a report that oil from Kazakhstan’s Tengiz field will be delivered by tankers across the Caspian Sea to the BP-led consortium’s Sangachal Terminal on Azerbaijan’s Absheron Peninsula for pumping into the1,094-mile, $3.6 billion Baku-Tbilisi-Ceyhan (BTC) pipeline for transmission to Ceyhan. As the article notes: “…The August Russian-Georgian military conflict highlighted the vulnerability […]
Read more »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 […]
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