Since Russia’s special military operation in Ukraine began on February 24, 2022, Europe has sought to wean itself of the dependence on Russian energy, looking for alternatives to Russian-sourced oil and gas. Although Germany has proven hesitant to follow suite, Spain, Italy, Greece, and France have begun diversifying their options and hunting for new energy suppliers among the oil and gas rich nations of the MENA region (e.g., the UAE, Qatar, and Algeria)—chief ...
Switching payments for Russian gas deliveries into rubles is perfectly in line with the principles of today’s multilateral monetary system
The instructions the Russian President gave to the Federal Government, demanding that payments for the deliveries of Russian gas to “unfriendly ...
... operation in Ukraine and instabilities risen in the Balkan also poses newly emerging security, resource, and economic threats to all the European and Mediterranean regional states. Given that more than forty six percent of the European demand of natural gas is supplied by the Russian Federation, the future of the energy security procedures remains unclear in this region. The reliance of the majority of main industries in Europe on fossil fuels also portrays how vulnerable are these industrial states ...
The Pakistan Stream Gas Pipeline will surely become an important strategic tool for Russia to reactivate the South Asian vector of its foreign policy
Russia’s Yekaterinburg hosted the 7
th
meeting of the Russian-Pakistani Intergovernmental Commission on Trade, Economic,...
... the Southern Mediterranean
The Eastern Mediterranean sub-region is at the juncture of Africa, the Middle East, and Europe, which both makes it hostage to old overlapping conflicts and opens up certain opportunities. It is important to remember that gas reserves in the Mediterranean shelf discovered in the XXI century total
over 3.8 trillion
cubic meters. The key fields are Zohr off the coast of Egypt, Tamar and Leviathan off the coast of Israel, and Aphrodite off the coast of Cyprus, etc. Additionally,...
While Iraq's dependence on imported Iranian electricity continues to worry Washington, the key to breaking this energy dependence lies in the development of its own gas fields
Iraq is one of the few countries to benefit from the Iranian sanctions’ exemptions. The United States has repeatedly extended the period of a
sanctions waiver
for Iraq — most recently in September — due to Baghdad's dependence on Iran’s ...
While the project has stalled since last year, Merkel has underlined Germany’s vital interest in privileged access to Russian gas
On October 7, the French Foreign Minister Jean-Yves Le Drian and his German counterpart Heiko Maas issued a
joint statement
condemning the “Russian involvement and responsibility” in the Novichok poisoning of Alexey Navalny. In retaliation ...
Fighting for resources fits well into Recep Erdogan’s “neo-Ottoman” foreign policy concept
Active exploration of gas deposits in the Eastern Mediterranean has boosted the region’s importance for the local powers. Most European states depend on imports of energy resources, which means that taking hold of new gas sources is an important element for strengthening ...
... rights to the exclusive economic zone depends on the durability of the Faiz Saraj regime
On January 8, 2020, Russian President Vladimir Putin and Turkish President Recep Erdogan met in Istanbul. Discussions focused on the launch of the Turkish Stream gas pipeline, as well as topical issues on the international agenda. After the meeting, both presidents called on all parties involved in the Libyan conflict to cease hostilities from January 12 and take a seat at the negotiating table. Putin and Erdogan ...
... of Russia’s energy sectors, but struggles to remain relevant amid fast-paced changes in the global markets. Several crucial but politically sensitive energy issues still need further clarification of policies: the future fiscal regime for oil and gas that could incentivize output and prevent production declines; industrial and technological policy; the choice of the future model for Russia’s gas industry and whether it is going to develop under continued state regulation or in the market environment; ...
