The Structure of Energy Politics in the South Caucasus: Grounds for Consolidation or Cooperation?
... respectively), and exports are more than 24 times greater (187 bcm and 7,7 bcm respectively) [20] . Moreover, in 2014 only 0,2 bcm of Azeri gas was transported via the Russian pipeline system [21] . In 2014 European Union was a major consumer of Azeri natural gas and oil, thus making Russia and Azerbaijan competing parties. However, the incommensurable volumes of production and export between the two countries cannot make Russia see Azerbaijan as a potential opponent at the European market. The South Caucasus region cannot be regarded as a vital ...
03.06.2016