Caspian Friendship: too little too late [NGW Magazine]
Feb 19, 2021 7:15:am
Summary Among the legacies of the Soviet Union is the failure to develop certain Caspian Sea reserves. Cross-border rivalries persist, despite agreements on paper.
by: Joseph Murphy
Since the end of the Soviet Union, the development of some of the Caspian Sea’s substantial oil and gas reserves has been stifled by territorial disputes between the five littoral states. All but Iran are former members of the USSR.
Azerbaijan, Kazakhstan and Russia have divided the northern Caspian among themselves through bilateral agreements based on median lines, allowing them to push ahead with some major projects. Other areas of the sea remain contested, though, with Azerbaijan, Iran and Turkmenistan all having competing claims. But there have been indications in recent years that those three countries are finally adopting a more pr.
Axpo: missions accomplished [NGW Magazine]
Feb 11, 2021 7:15:am
Summary With the Southern Gas Corridor now operational, Marco Saalfrank of co-founder Axpo, the Swiss utility, talks to NGW about European infrastructure, energy and the transition. [NGW Magazine Volume 6, Issue 3]
by: William Powell
A major new piece of Europe’s gas infrastructure is at last doing what it set out to accomplish: the Southern Gas Corridor (SGC) began delivering Caspian Sea gas to Italy at the dawn of the new year through the final leg, the TransAdriatic Pipeline.
It just met the target, despite some nail-biting moments along the way – including a struggle with the local authorities in Italy that Rome had to sort out – and it has eroded the price premium for consumers in Italy, long one of western Europe’s least competitive markets.