The Devil Is in the Detail: Outcomes of the Meeting on the Caspian Sea
... by Western sanctions. Russian companies continue to operate on the local hydrocarbon market, especially in mining projects. LUKOIL is a shareholder in Azerbaijan’s Shah Deniz Project, and Rosneft announced plans to develop oil production in the Caspian Sea in cooperation with Azerbaijan. In addition, Russia has certain transportation facilities in the region, i.e. the Baku-Novorossiysk pipeline and the Caspian Pipeline Consortium (CPC). Interviewer: Elena Alekseyenkova, RIAC Program Manager
16.05.2014