By Stephen Blank
October 10th, 2016, The CACI Analyst
There are several signs of a possible turn for the better in the energy prospects of Caspian states, and especially Azerbaijan. The collapse of energy prices appears to have bottomed out. Even prices stagnating at US$ 40-60 a barrel gives energy producers a certain margin to cushion the shocks they will endure. A major aspect of the Caspian states’ comparative advantage is their proximity to Turkey and Southeastern Europe. As European growth recovers, the demand for energy coming through those states will likely grow. Ukraine’s growing freedom from Russian energy coercion will also stimulate it to look for alternatives and new opportunities for Caspian producers. Yet the perhaps most encouraging sign is the construction of new capacities to tie together and eventually integrate the European market.
By Robert M. Cutler
August 28th, 2016, The CACI Analyst
On June 25, Presidents Vladimir Putin of Russia and Xi Jinping of China met in Beijing, immediately after spending two days together in Tashkent at a summit meeting of the Shanghai Cooperation Organization (SCO). The two countries’ industrial cooperation is dominated by the energy sector, where the several dozen agreements that were signed in Beijing confirmed that in bilateral economic and trade relations China is the agenda-maker and Russia is the agenda-taker. This relationship is now extending itself to the geoeconomic competition between the two in Central Asia and East Central Eurasia generally, as well as into Greater South Asia at a slower pace.
Contents
Analytical Articles
THE UZBEK-TAJIK DÉTENTE: CAN IT LAST?, by George Voloshin
AGRI’S PROGRESS ADVANCES BRUSSELS’ AND BAKU’S ENERGY AGENDAS, by Micha’el Tanchum
ISLAMIC STATE IN CENTRAL ASIA: THREAT OR OPPORTUNITY, by Charlie Smith
IS THE NORTH CAUCASUS BECOMING ANOTHER BATTLEFIELD IN THE GLOBAL JIHAD?, by Tomáš Baranec
Field Reports
TAJIKISTAN’S GOVERNMENT MISSES THE REAL PROBLEM OF LABOR MIGRANTS, by Oleg Salimov
RULING COALITION TO CUT FUNCTION OF GEORGIA’S NATIONAL BANK, by Eka Janashia
KYRGYZSTAN’S CONSTITUTIONAL CHAMBER DISMISSES JUDGE, by Arslan Sabyrbekov
BAKU CRACKS DOWN ON ALTERNATIVE MEDIA AFTER CONCLUDING EUROPEAN GAMES, by Mina Muradova
By Micha’el Tanchum (08/07/2015 issue of the CACI Analyst)
On June 24, 2015, Azerbaijan, Georgia and Romania signed a declaration committing to advance the Azerbaijan-Georgia-Romania Interconnector (AGRI) project that will transport Azerbaijani LNG across the Black Sea to Romania for re-gasification and sale in European markets. The project creates a theoretical possibility for Turkmen LNG to reach Europe through a modified use of the system. Of great geopolitical consequence, the option requires a commensurate amount of political will to implement. Independent of potential Turkmen gas exports, the furtherance of the AGRI project constitutes an important advance for Azerbaijan’s strategic policy to develop European Union stakeholders in its political sovereignty.
The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.
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