Over the past 30 years Caspian nations such as Azerbaijan and Kazakhstan have built thriving economies on oil and gas wealth led by global energy companies and a handful of megaprojects. As times change, that model may need to be reassessed. …
The purpose of the Blue Homeland strategy is that Turkey should dominate the Mediterranean and reclaim the mercantile and maritime power, Antonia Colibasanu, Geopolitical Futures’ Chief Operating Officer
The Caspian Sea is one of the world’s largest and oldest oil and gas producing regions
Black Sea gas will strengthen Turkey’s hand in gas contract negotiations
Since the collapse of the Soviet Union, crude oil and natural gas have been playing a key role in the geopolitics of the Caspian region. Hydrocarbon revenues became an important source of economic growth for the Caspian Basin countries such …
BOTAS and the Consortium of Azerbaijani Shah Deniz gas condensate field are negotiating a new contract for the supply of gas within the first stage of the field development. According to the head of the public relations department of BP-Azerbaijan, Tamam Bayatli, due to the completion of the contract concluded in 2001, which provided for the transportation of gas in the amount of 6.6 billion cubic meters annually, supplies to Turkey within the framework of Shah Deniz-1 were terminated on April 16
In Moscow last week, President Vladimir Putin hosted the prime minister of Armenia and the president of Azerbaijan. It was the first meeting of the three leaders since the end of the six-week-long war over the Nagorno-Karabakh region last …
Azerbaijan and Turkmenistan signed a Memorandum of Understanding Thursday on joint exploration and development of hydrocarbon resources of the Dostlug (Friendship) field in the Caspian Sea
The confluence of many factors changed the hitherto prevailing balance of power and produced a victory for Azerbaijan, overturning the 26-year old status-quo in the region. Over the years, Azerbaijan has invested in the armed forces massively. In the meantime, both Azerbaijan and Turkey have cultivated closer ties with Russia. The color revolution, which swept pro-European Union Nikol Pashinyan into power as prime minister in Armenia in 2018 helped distance Moscow from Yerevan. Unlike in the past, the United States was disengaged from the region, mainly because of its partial withdrawal from the international stage
The Shah Deniz consortium today announced commencement of commercial gas deliveries to Europe from the Shah Deniz gas field in the Caspian Sea offshore Azerbaijan via the newly-completed Southern GasCorridor (SGC) pipeline system, accord to the …
The construction of the TAP pipeline could set an example of what a project developer’s role should be – to build a commercial infrastructure project while mitigating any potential environmental and social challenges, writes …
Turkey may be indirect target of Azeri-Armenian clashes
Azerbaijan’s strong standing before the Covid-19 outbreak as an energy and reformer state offer reasons for optimism that the country could quickly return back to normal, writes Esmira Jafarova. As Euractiv …
The progress in the implementation of the Trans Adriatic Pipeline (TAP) is 93.5% as of late February, according to TAP AG consortium. It was noted that every day hundreds of meters of TAP’s Right of Way are cleared, strung, …
Turkmen gas imports remain an important part of the EU strategy
The Caspian region offers more stable and secured energy flow for the EU
Southern Gas Corridor will not compete with Turkish Stream
The greatest economic contribution of similar projects is the generation of new economic ties
At some point, Russian gas may be distributed through Trans-Anatolian Pipeline (TANAP), the ambassador of the Russian Federation to Azerbaijan Mikhail Bocharnikov said in an interview to the Azerbaijani SVS channel. The diplomat …
