Eurasianet

Latest articles from Eurasianet

• Azerbaijan Desperately Needs To Diversify Its Energy Portfolio

  Published 21 July 2021 | viewed 1,224 times

  Azerbaijan risks significant economic shocks in the future if it continues to rely heavily on oil and gas as the main pillar of its economy,…

• Georgia Pivots To Wind Despite Booming Hydro Industry

  Published 17 July 2021 | viewed 2,456 times

  Months-long protests against the construction of the $800 million Namakhvani hydropower plant in western Georgia beg a simple question: Why bother with big dams anyway? …

• Azerbaijan Gains Control Of Key Gold Mines

  Published 27 January 2021 | viewed 11,682 times

  Anglo-Asian Mining had been waiting for decades. Since 1997, the company has held the rights, granted by Azerbaijan, to three gold deposits beyond its reach,…

• Turkey’s Latest Pipeline Plan Is A Move To Restore Relations With U.S

  Published 11 June 2020 | viewed 17,049 times

  Turkey's state gas grid operator Bota? has opened a tender for a gas pipeline to supply Azerbaijan’s exclave of Nakhchivan. The new supply route would…

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

  Published 02 April 2020 | viewed 12,717 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 79,558 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 20,052 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 10,005 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 25,582 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 22,310 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 14,871 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 8,137 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 21,305 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 15,815 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 16,085 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 12,736 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 11,005 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 17,339 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 12,881 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 26,285 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…