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Nabucco

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World Energy: From the «Shale Revolution» to Healthy Pragmatism? (II)

The two-day international «EU-Russia Energy Dialogue» conference which took place May 29-30, the eighth such conference so far, was once again unable to overcome the stalemate between Moscow and Brussels in the field of energy. The leadership of the European Union still insists that Russia accede to the so-called «Third Energy Package»... In essence, this is a demand that Moscow agree to delegate part of its financial and economic powers in the energy field to Brussels, without having the possibility to influence the European Union's decision making...

Pyotr ISKENDEROV | 14.06.2013


 

South Stream Shapes European Energy Security, Nabucco Falls Behind

South Stream is an ambitious endeavor of Russia’s energy giant Gazprom to get direct access to the EU energy market. It is portrayed and criticized by some politicians in Europe as a «dangerous» gateway to a broader economic relationship with Moscow. Remarkably enough, Bulgaria, Serbia, Croatia, Slovenia and Hungary have one-by-one opted for the project... 

Igor ALEXEEV | 05.04.2013


 

Brussels Indulges in Trans-Caspian Pipe Dream Again

After the European Commission has finally realized that major investors (RWE) and transit countries (Hungary) are leaving Nabucco, bureaucrats in Brussels are now trying to revitalize a distressed project – the so-called Trans-Caspian gas pipeline. Their goal is obvious - to find the lacking resources for a shorter version of Nabucco (the so-called Nabucco-West) and prevent its complete failure. Even in Europe many specialists in energy policy understand that without the gas of five Caspian littoral states including Iran, Nabucco will be a mere show of empty pipeline...

Igor ALEXEEV | 14.03.2013


 

Turkey and EU Try to Bring Life into Nabucco

 The stakes are high in the big game around the Caspian hydrocarbons. The main goal of the West is to separate the countries of South Caucasus and Central Asia from Russia, to avoid the integration of post-Soviet states within the framework of common economic space, to make the energy routes bypass the territory of the Russian Federation. Supposedly, as a result, the geopolitical former Soviet Union space would acquire a new shape described in the concepts of New Silk Road and Greater Middle East...

Aleksandr SHUSTOV | 09.09.2012


 

Geopolitical Context of South Stream

The South Stream project, along with the twin North Stream, are key to Russia’s strategy of maintaining completely secure energy supply to Europe, the point being to insulate the Russian gas export from the risks generated by policy swings in transit countries... The West’s heightened activity vis-à-vis Azerbaijan would bear significant impact on the Karabakh settlement, echo with shifts in the EU interactions with Turkey, and have geopolitical repercussions across the region strategically important to Russia.

Pyotr ISKENDEROV | 16.06.2012


 

Brussels Continues to Plan Ahead Though Nabucco Faces Major Downscaling

The Nabucco pipeline originally supposed to emerge as a rival to Russia's South Stream and as the first ever direct energy link between Europe and the resourceful Central Asia is about to face a major downscaling. The news immediately grabbed the headlines, but it would be naive to expect that Brussels will altogether abandon its ambitious plan for a southern energy corridor with a gas pipeline traversing the Caspian Sea as the key part...

Aleksandr SHUSTOV | 03.04.2012


 

Will the Trans-Caspian Pipeline Be There Despite Russia's Opposition?

The EU is open about its intention to ignore Russia's and Iran's positions as it goes ahead with the Trans-Caspian pipeline construction... For Washington, Nabucco is a form of curbing China's appetite for the natural resources of the region. The project will as well help the US strengthen the grip on Central Asian republics' political elites which Washington has been courting for quite some time. In the nearest future, we can expect to see the US and the EU act in concert not only to advance Nabucco but, as a parallel process, to drag the Caspian republics out of Russia's orbit...

Aleksandr SHUSTOV | 01.10.2011




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OUR COLUMNIST
    Mikhail AGHAJANYAN

Political Manipulations with the Price of Oil

The drop in oil prices that began at the same time as Islamic State (IS) attacks in Iraq and Syria is impossible to explain with economic factors. The world has long been used to the fact that the market has reacted to every war in the Middle East, where 47 per cent of the world’s ‘black gold’ reserves are concentrated, with a sharp jump in oil prices. That is what happened during the two wars in the Persian Gulf, and that is also what happened when the Americans began their ‘mission to restore democracy’ in Afghanistan. And speculation about a possible military conflict between the US and Iran was accompanied by the expectation of a jump in oil prices of up to $200 a barrel and higher. At present, everything has turned upside down, but for how long?..

23.10.2014
 
 
 
 
 
 
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