Lidiya Parkhomchik – Page 6

January 22, 2016

Azerbaijan and Russia: Prospects for Energy Cooperation

Recently, Azerbaijan and Russia declared their intention to strengthen energy relations at the official level through participation in new and ongoing projects. For instance, on June 8, 2015 Assistant to the President of Russia, Yuri Ushakov, informed about the intent to establish a bilateral high-level working group on the issues […]

January 5, 2016

Energy Relations between China and the Caspian Littoral States

Over the past few years China has been ranked at the top of the world’s top energy consumers. China’s total energy consumption increased from 1,470 million tons of coal equivalent (Mtce) in 2000 to 4,260 Mtce in 2014. Coal that accounted for about 66% of total energy consumption by the […]

November 16, 2015

Current Challenges for the Kashagan Offshore Oil Field Project

The Kashagan oil field in the Caspian Sea is a largely known oil field outside the Middle East and the fifth largest oil field in the world regarding the reserves. Discovered in 2000, it is the largest new oil deposit found in the last 30 years. Kashagan has potential reserves […]

November 10, 2015

OPEC and Non-OPEC Members Meeting: No Agreement Reached

Technical experts of the Organization of Petroleum Exporting Countries (OPEC) had a meeting on October 21, 2015, in Vienna to discuss the current situation of the steady reduction in crude oil prices in the world markets. The OPEC had invited eight non-OPEC oil-producer countries to take part at the expert […]

October 14, 2015

Development of the Trans-Caspian International Transport Route

Nowadays, maritime routes dominate the intercontinental freight traffic between Asia and Europe. However, due to the fact that the volume of foreign trade between major markets in Eurasia is expected to increase by 1.5 times, from $800 billion in 2014 to $1.2 trillion by 2020, the Eurasian countries located away […]

October 1, 2015

Special Working Group on Caspian Sea Legal Status Meeting: Results and Prospects

The Special Working Group (SWG) for drafting a Convention on the legal status of the Caspian Sea at the level of deputy foreign ministers of the littoral states met for its 41st session in Moscow on September 8-10. The talks were attended by delegations from Azerbaijan, Iran, Kazakhstan, Russia and […]

August 17, 2015

Current Situation over the AGRI Project (Azerbaijan-Georgia-Romania Interconnector)

The inter-ministerial meeting of the participating states of the AGRI project (Azerbaijan-Georgia-Romania Interconnector) was held in Bucharest on June 24, 2015. During the meeting, the Ministers of the energy sector in charge of the liquefied natural gas project discussed the outcomes of the feasibility study and opportunities for financing. In […]

July 14, 2015

Turkmenistan-Iran Energy Cooperation

Nowadays, Ashgabat and Tehran managed to establish more trusting relations, compared with relations between Iran and other Central Asian states. Due to the fact that the two countries share a common state border with the total length over 1000 km and confessional closeness, Turkmenistan and Iran stress the importance of […]

June 8, 2015

New Phase of the Caspian Sea Delimitation

At the end of May 2015, it became widely known that Astana and Ashgabat signed a draft decree on ratification of the Agreement between Kazakhstan and Turkmenistan on the delimitation of the Caspian Sea. The Mejlis of Turkmenistan reviewed and approved a draft law on ratification of the Agreement on […]

May 12, 2015

Prospects For Military Cooperation Between The Сaspian Sea States

The problem of the Caspian Sea militarization started to appear at the beginning of the 21st century. Despite the fact that after the fall of the Soviet Union newly independent states, namely, Kazakhstan, Azerbaijan and Turkmenistan, opposed to the idea of militarization of the Caspian Sea, nowadays Astana, Baku and Ashgabat […]