Tag: Caspian SeaSort
Russia Ups Ante with Caspian Neighbors by Moving Offshore
On 16 November in Astrakhan Lukoil president, Vagit Alekperov told journalists that his company will spend over $16 billion over the next decade to develop the country’s Caspian offshore Korchagin and Filanovskii oil and natural gas fields in the Caspian, at the signing of a cooperation agreement with the Astrakhan Region.
Nothing gets oilmen more excited than the idea of building pipelines from exotic, hard to reach places to seaports where the product of their endeavors can be shipped to lucrative foreign markets.
These reveries have been most pronounced with the opening since 1991 the riches of the Caspian Sea basin.
Tourism Resorts and Oil Exploration in the Caspian Sea
SITUATION: One indirect consequence of the Gulf of Mexico oil spill is the impact it may have on the financing of the many tourism projects that have sprouted along the Caspian Sea. Bordered clockwise from the North by Kazakhstan, Turkmenistan, Iran, Azerbaijan, and Russia, the Caspian Sea is one of the largest bodies of water and an object of strategic ambitions.
Nazarbayev’s Successful Diplomacy in Kyrgyzstan Signals Deeper Strategic Shifts
The recent crisis and instability in Kyrgyzstan, highlighted the fragility of security and the potential weakness of the political systems throughout the region and exposed new dimensions in the conduct of Kazakhstan’s foreign policy that may well prove pivotal for US energy interests in the Caspian Sea region.
Floating Alternative to Nabucco Pipeline Moving Toward Implementation
EU offers $3.1 billion for energy infrastructure projects, including Caspian pipeline
Gazprom faces regular opprobrium for its bullying ways of using energy as a pressure and political tool. Seen by some, mostly Russians, as the symbol of a successful and strong Russia, others see it as a dominating juggernaut, economic right arm of the Kremlin implementing, or should we say, imposing its policies by using energy as a weapon.