During the third ministerial meeting of the Southern Gas Corridor (SGC) Advisory Council, held in Baku, on February 23, the European Commission’s vice president for the Energy Union, Maroš Šefčovič, encouraged international financial institutions to bankroll the SGC project. Amidst volatile oil prices, securing financing is of primary importance for this strategic energy transit...

   Azerbaijan has been an Eastern Partnership country for years, but seems to pursue its unique path regarding the relations with the Euro-Atlantic community. Trying to distance itself from deeper integrational processes, it instead prefers multilateral relations in the field of energy. The Politicon`s editor-in-chief tries to give some insight on Azerbaijan`s foreign relations ahead...

  The Presidents of Azerbaijan, Russia and Iran—Ilham Aliyev, Vladimir Putin and Hassan Rouhani, respectively—met in Baku, on August 8, and signed a Joint Declaration committing their countries to deepening cooperation on energy. In particular, the three sides pledged to collaborate on exploring oil and natural gas deposits, sharing technology on energy supply and...

It has been pronounced on several occasions that Iran may join TANAP, a constituent part of the Southern Gas Corridor (SGC), scheduled to supply natural gas from Shah Deniz II to the European market starting from 2019. Rovnag Abdullayev, the president of State Oil Company of the Republic of Azerbaijan (SOCAR), TANAP’s major stakeholder (58%), said that "after the decision on...

On June 27, 2016, Russian President Vladimir Putin received a letter from his Turkish counterpart Recep Tayyip Erdoğan, expressing Turkey’s willingness to restore ties with Russia. Immediately, Gazprom spokesperson Sergey Kupriyanov announced his company’s openness to dialogue with Ankara on the construction of the “Turkish Stream” natural gas pipeline. Turkish Prime Minister Binali...

Introduction The EU membership referendum that was held in the UK on June 23, 2016, resulted with 51.9% of the population voting in favor of the withdrawal from the European Union. Taking into consideration the 43 years’ long membership of the U.K. in the EU, this event is bound to bring about certain consequences for all the remaining 27 Member-States as well as for countries outside the Union. In...

Bulgaria has recently moved even closer to diversifying its sources of natural gas supply. This time, it seems it may be happening with less geopolitical grandeur and fanfare. After years of flirting with Russia over its monster pipeline projects on the Balkans, a 182-km long gas interconnector link with Greece may do the trick. The source? Most probably Azerbaijani gas. On 17 May, 2016, in the Greek city...

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