Dmitry Medvedev interfered into Russian-Ukrainian gas talks.
In the course of its 60 years, NATO has institutionalized three monumental transformations in world affairs: first, the end of the centuries-long “civil war” within the West for trans-oceanic and European supremacy; second, the United States’s post–World War II commitment to the defense of Europe against Soviet domination; and third, the peaceful termination of the Cold War, which created the preconditions for a larger democratic European Union.
President of the Republic of Lithuania Dalia Grybauskaitė and President of the Republic of France Nicolas Sarkozy signed a strategic partnership agreement which is the first document of this kind in the history of the two countries.
The new round of Russian Government attention to the issue of the Caspian Sea legal status determination, specified by President Dmitry Medvedev during the recent meeting in Astrakhan, called a disruptive reaction among pre-Caspian states.
Caspian region with bordering territories became the most promising and gasul regif the world by the beginning of decade. Proved stocks of “black gold” here are about 10 billion tons, and overall resources of oil and gas condensate are estimated as 18-20 billion tons. The experts of the US Energy Ministry suggest that by 2015 Caspian region will cover 7% of world production of liquid hydrocarbons and 12% of their export (200-230 million tons annually).
Russian Prime Minister Vladimir Putin wooed Turkey's AKP government with grandiose vistas of a bilateral partnership on energy during his visit to Ankara. Along with his proposal to build Gazprom's South Stream pipeline to Europe via Turkey's Black Sea economic zone, Putin also discussed reviving Gazprom's Blue Stream Two pipeline project in a new form.
Russian state-run gas giant Gazprom has cut its investment program in response to the difficulties it faces in the current economic downturn. These cost-saving measures contrasted sharply with Gazprom's pledge last year to become the world's largest company. Such efforts were supported by the Russian government. On July 13, the cabinet approved Gazprom's revised investment program worth 775 billion rubles ($25 billion) or 15.8 percent down from its 920 billion rubles ($29.7 billion) planned earlier. At a cabinet meeting, Prime Minister Vladimir Putin conceded that Gazprom's January-June 2009 production was 20.8 percent down year-on-year. However, Putin voiced confidence that Gazprom's production and sales will return to their pre-crisis levels eventually.
The USA have no economic interests in the Nabucco gas pipeline project, as well as there was no economic interest in the oil pipeline Baku-Tbilisi-Ceyhan. This was stated by Zeyno Baran, the Director of the Center for Eurasian Policy at the Hudson Institute. According to Zeyno Baran, who is also a wife of the US State Secretary Deputy Assistant Matthew Bryza, Washington has a pure political interest in these projects. “We should assure for the countries of Caucasus and Central Asia, through the territories of which Nabucco pipeline will be laid, have no fear to become dependent of Russia”, - she noted.
Turkmenistan’s pledge to take Azerbaijan to court over the two countries’ rival claims to Caspian Sea oil fields has sparked more confusion than anger in Baku. Some Azerbaijani experts even believe that an international arbitration hearing could prove the best way to resolve a long-standing energy dispute.
Russia has signed an agreement with Turkey to build the South Stream undersea gas pipeline in Turkish waters. The deal comes one month after Turkey signed transit accords for the rival European-backed Nabucco pipeline.