Eurasianet

Latest articles from Eurasianet

• Oil-Dependent Kazakhstan Faces Recession As Price War Rages On

  Published 02 April 2020 | viewed 6,935 times

  The government in Kazakhstan has, in the light of the unfolding coronavirus pandemic and the concomitant fall in global oil prices, revised its economic projections…

• Azerbaijan Could Soon Tap Its 410 Million Barrel Oil Reserves

  Published 21 March 2020 | viewed 74,290 times

  Azerbaijan says it has proven an oil deposit in the Caspian Sea is commercially viable, offering a small psychological boost as the country’s oil-based economy…

• Azerbaijani Economy At Stake As Oil Prices Plummet

  Published 16 March 2020 | viewed 13,934 times

  Demand for dollars has spiked in Azerbaijan amid fears of another currency devaluation following a plunge in oil prices. A feud between Saudi Arabia and…

• Eurasian Nations Are Betting Big On Renewables

  Published 11 March 2020 | viewed 8,593 times

  In discussions about renewable energy, Azerbaijan is not the first country that springs to mind. As one of the world's top 25 oil and gas…

• Oil Price War Could Wreak Havoc On Eurasian Economies

  Published 10 March 2020 | viewed 23,543 times

  A feud between Saudi Arabia and Russia that sent oil prices plunging on March 9 has rewritten economic forecasts across Eurasia. Azerbaijan, Kazakhstan and Russia –…

• Why Russia And Ukraine Are Still Making Billion-Dollar Energy Deals

  Published 13 February 2020 | viewed 14,064 times

  The story of Russia turning off the gas to punish Ukraine for some perceived indignity will be familiar to most Eurasianet readers. Somewhat less known…

• Russia’s Mega-Pipeline Is A Major Threat To This Gas Producer

  Published 05 December 2019 | viewed 14,105 times

  Russia’s mega-project to export its gas to China, the Power of Siberia pipeline, came online December 2. By 2024, the pipeline is expected to deliver 38…

• The Oil Nations That Still Haven't Recovered From The 2014 Crash

  Published 13 November 2019 | viewed 7,568 times

  Economic growth in Central Asia and the South Caucasus will remain lackluster in 2020, slowing slightly in most countries, the International Monetary Fund says in its latest…

• Kazakhstan’s Oil Dilemma

  Published 05 February 2019 | viewed 18,542 times

  It was a hot July morning in 2000 when a helicopter carrying Kazakhstan’s President Nursultan Nazarbayev landed on a drilling barge on the Caspian Sea.…

• BP Bets Big On The Caspian Sea

  Published 19 January 2019 | viewed 15,153 times

  UK oil and gas giant BP is planning to launch an ambitious two-year exploration and drilling program in Azerbaijan's sector of the Caspian Sea aimed…

• Russia Lifts Gas Prices For Armenia In 2019

  Published 05 January 2019 | viewed 14,788 times

  Russia has raised the price for the gas it sells to Armenia by 10 percent. The negotiations over the gas price were seen as a…

• Turkmenistan’s Pipeline Project Faces More Hurdles

  Published 15 December 2018 | viewed 12,071 times

  While in Islamabad, Muhammetmyrat Amanov, chief executive of the TAPI Pipeline Limited Corporation, urged his hosts to get to work building their section of the project by March. Amanov…

• Crypto Mining Could Leave This Region Without Power

  Published 15 December 2018 | viewed 10,586 times

  Rampant cryptocurrency mining is threatening the shaky electrical network in the tiny, mostly unrecognized republic of Abkhazia, forcing officials to call for putting regulatory shackles…

• These Nations Are The Hardest Hit By Iran Sanctions

  Published 10 November 2018 | viewed 16,213 times

  The resumption of wide-ranging American sanctions on Iran promises economic uncertainty for the Islamic Republic’s neighbors in the Caucasus: Azerbaijan, Georgia and Armenia. Washington's goal…

• Turkey And Azerbaijan Cement Relations With New Oil Refinery

  Published 27 October 2018 | viewed 12,050 times

  Azerbaijan and Turkey have further strengthened their already close relations with the formal commissioning of the first Azerbaijani-built oil refinery in Turkey. For an estimated $6.3…

• Is Uranium On The Way Back?

  Published 16 October 2018 | viewed 24,964 times

  Kazakhstan’s wholly state-owned uranium mining giant is capitalizing on high prices for its wares by announcing plans to list on the London Stock Exchange.  The…

• Kazakhstan’s Fuel Crisis Is A Thing Of The Past

  Published 06 October 2018 | viewed 9,992 times

  Under a new deal being signed with Russia on October 3, Kazakhstan will be permitted to export car fuel — a sign that severe domestic shortages may…

• What Is Behind Tajikistan’s Skyrocketing Fuel Prices?

  Published 21 July 2018 | viewed 14,005 times

  One of the most popular means to get around Tajikistan’s capital is the “three-somoni taxi,” named for the set price of the fare. No more.…

• Uzbekistan, Russia Announce Joint Nuclear Facility

  Published 14 July 2018 | viewed 13,773 times

  Uzbekistan has said it has reached an agreement with Russia to jointly build a nuclear power plant, a development it says will help it economize…

• Azerbaijan’s Pipeline Conundrum

  Published 16 June 2018 | viewed 12,756 times

  Upwards of a thousand dignitaries – including the presidents of Turkey, Georgia, Azerbaijan, Ukraine, and Serbia – assembled June 12 at a barren site outside…