Energy security

Baku March

By Arthur Dunn

Dynamism of Azerbaijani foreign policy due to the enhancement of its role within the issues of energy security is the main factor of contemporary international policy.

Gazprom Executive Confirms Production and Investment Woes

By Vladimir Socor

Briefing the press on June 16 in Moscow, Gazprom deputy chairman Aleksandr Ananenkov lifted a curtain corner on the company's investment and output prospects in the short-to-medium term. Gazprom is set to substantially reduce capital expenditures in the next few years, starting with a 22 percent capex cut this year: from 640 billion rubles in 2008 to a target figure of 500 billion rubles in 2009.

The Eurasian Pipeline Calculus

By F. William Engdahl

Calculus has two main variants—derivative and integral. The Eurasian energy pipeline geopolitics between Turkey Washington and Moscow today has elements of both. It is highly derivative in that the major actors across Central Asia from China, Russia to Turkey are very much engaged in a derived power game which has less to do with any specific state and more to do with maintaining Superpower hegemony for Washington. Integral as the de facto motion of various pipeline projects now underway or in discussion across Eurasia hold the potential to integrate the economic space of Eurasia in a way that poses a fundamental challenge to Washington’s projection of Full Spectrum Dominance over the greatest land mass on earth.

Armenia Presses Ahead with Nuclear Power Plant Construction

By Emil Danielyan

Armenia is pressing ahead with its ambitious plans to build a new nuclear power station to replace the aging Soviet-era facility at Metsamor slated for decommissioning by 2017. The Armenian government has commissioned an Australian engineering company to manage the project. However, the key question of who will provide the funding needed for the plant's construction remains unanswered.