Via The New York Times, an update on Austria, Bulgaria, Hungary, Romania, and Turkey’s decision to sign a transit agreement on the Nabucco pipeline, which would stretch 2,000 miles from the Caspian Sea to Austria through Turkey. This project would reduce Europe’s dependence on Russian gas but, despite this latest agreement, the project’s completion remained […]
Read more »Via Stratfor (subscription required), interesting analysis of Turkmenistan’s increasingly desperate efforts to diversify its energy partnerships beyond Russia which recently cut off its imports of Turkmen natural gas, halving Turkmenistan’s income. As the article notes: “…Turkmenistan is the only Central Asian state that is self-sufficient in both energy supplies and electricity production. The country currently […]
Read more »Via The Center for Research on Globalization, interesting analysis of Turkey’s role & increased significance in the years ahead: “…If Ankara decides to collaborate more closely with Russia, Georgia’s position is precarious and Azerbaijan’s natural gas pipeline route to Europe, the so-called Nabucco Pipeline, is blocked. If it cooperates with the United States and manages to […]
Read more »Via Energy Daily, an interesting article on the continued impact that January’s natural gas dispute between Russia and Ukraine has had throughout European energy markets: Europe, alarmed by the vulnerability of its supplies, is sounding out new possibilities for transmission of natural gas, including the proposed Nabucco pipeline. Russia, in its turn, is seeking bypass […]
Read more »Via Stratfor (subscription required), an interesting look at the dynamic relations between Iran and Turkey and the upcoming bilateral meetings between the two nations. As the article notes “…Both Turkey and Iran are on the rise. Until relatively recent times, both have been contained by various forces, most notably Iraq and the Soviet Union. Between […]
Read more »Via Stratfor (subscription required), an analysis of the recent summit in Hungary for officials from countries interested in, or part of, the Nabucco natural gas pipeline project including Austria, Azerbaijan, Bulgaria, Egypt, Georgia, Germany, Iraq, Romania and Turkey. As the article notes: “…Nabucco is a planned 2,000 mile pipeline between Turkey and Austria to transport […]
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