Energy security is the key question for any state in the modern era, especially those highly industrialized and therefore heavily dependent on cheap, reliable and consistent energy supplies. When a group of such countries form a union situation becomes even more complicated as the presence of too many players with differing interests in terms of energy supply and security makes coming to a common agreement...

The Iran-Armenia-Georgia gas talks have recently gained momentum. Iranian and Georgian companies have signed gas purchase contracts, to supply natural gas to Georgia through Armenia. While the perspective of enhanced Iran-Armenia-Georgia gas cooperation is limited from political and technical viewpoints, Armenia is actively seeking to carve out a new role for itself in order to mitigate the repercussions...

  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...

The European Union is the world’s largest importer of energy resources. Formation of a common energy policy is one of the most important issues on the daily agenda of the Member States, probably because coal, gas and oil remain the dominant energy sources for the Union despite its efforts to develop renewable energy. Adoption of the second package of directives that called for opening of the gas and...