Sechin

Russian Energy Projects in the Black Sea Reach End of an Era

By Vladimir Socor

Turkish Prime Minister, Recep Tayyip Erdogan’s, March 16-17 Russia visit capped a four-week period of spectacular changes to Russian energy transit projects, in the Black Sea and beyond. During these critical weeks, Russia abandoned the Trans-Balkan  oil pipeline project, which it had planned for more than a decade to form a transcontinental oil corridor, stretching from Kazakhstan to the Aegean Sea. The Kremlin also abandoned (in all but name) the South Stream gas pipeline project, designed to have stretched from the Black Sea into eight European countries. Moscow also had to register the stagnation of the Trans-Anatolian oil pipeline project, designed to connect Kazakhstan via Russia, the Black Sea, and Turkey with the Mediterranean.

Russia Loses Power Status

By Roman Muzalevsky

A few years ago it was common to refer to Russia as an "energy superpower". High global energy prices prior to the global financial crisis and Russia's control over Central Asian oil and gas exports underscored the seemingly irrefutable proposition of Moscow's influence.

Russia’s Message to Turkmenistan: Export Your Gas Anywhere Except Europe

By Vladimir Socor

On October 28, Turkmenistan’s Ministry of Foreign Affairs issued a statement strongly contradicting the Russian government’s views on the bilateral gas trade and on Turkmen gas export policy in general. The statement follows six days after Russian President Dmitry Medvedev and a governmental delegation held talks with President Gurbanguly Berdimuhammedov in Ashgabat.

Russia Plans Increased Energy Exports

By Sergei Blagov

Senior Russian officials have made clear that the country’s energy policies will continue to evolve around the nexus of ambitious export plans. The government pledged to make the country’s gas exports more flexible. Russia’s total gas exports will include 10 percent of liquefied natural gas (LNG) by 2020 and 15 percent by 2030, Prime Minister, Vladimir Putin, announced on September 17. The global demand for hydrocarbons will be increasing in the next decade according to Putin.