Azerbaijan
COP28: Greenpeace asks if nine European oil and gas majors are “getting away with murder”
Releases study showing 360,000 people could die prematurely before the end of the century because of global heating caused by companies’ 2022 greenhouse gas emissions alone.
Transition risks for petrostates higher than ever, says report
Petrostates are currently confronted with significant challenges arising from the ongoing energy transition. The diminishing demand for oil and gas is exerting downward pressure on commodity prices, which in turn threatens future revenue streams.
Armenia marks new era with French military purchases
After its army was battered in the 2020 Second Karabakh War, and with its traditional supplier, Russia, both unable and unwilling to send arms shipments, Yerevan has been desperately seeking other procurement partners.
Turkey equipping Moscow’s war machine, data shows
While Ankara records show “dual-use” goods going to Central Asia and Caucasus, trade registry discrepancies across region indicate items actually go to Russia.
Azerbaijan arrests independent journalists amidst claims of foreign espionage
The crackdown follows a state media campaign alleging that there is a "network of U.S. spies" operating in the country that needs to be "cleansed".
INTERVIEW: Green transition must be a just transition, says EBRD chief economist
EBRD research shows majority in transition countries believe climate change will severely affect the children of today, but fewer people are willing to pay to address the climate emergency.
Serbia moves away from dependence on Russian gas with new Azerbaijan supply deal
Serbia has agreed to buy 400mn cubic metres of natural gas a year from Azerbaijan from 2024, diversifying away from Russia.
COMMENT: US, Europe, and Russia jostle for influence in the South Caucasus
More than a month after Azerbaijan attacked ethnic Armenians living in its Nagorno-Karabakh region, displacing 120,000 people, foreign political influence in the Caucasus is still shifting.
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Turkey fails to respond to Iran call for ban on shipping oil to Israel
At an Ankara press conference, Turkey’s top diplomat leaves boycott appeal voiced by his Iranian counterpart hanging in the air.
COMMENT: Aliyev could still lose in the Great Game he started
The Azerbaijani dictator is refusing to engage with the European format of negotiations with Armenia but the West could still force him to take part.
UAE's Masdar to build 1 GW of clean energy plants in Azerbaijan in first phase
The strategic agreements cover the first phase of a 10-GW pipeline of renewable energy projects in Azerbaijan signed in June 2022.
Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
Observers recall 2020 Netanyahu comment that Turkish leader “used to call me Hitler every three hours, now it’s every six hours but thank God trade with Turkey is up’”.
Turkmenistan: Homage to Anatolia
Turkey will be key to ensuring Turkmenistan can get its gas riches to customers in Europe. This and more in this week's Eurasianet Akhal-Teke Bulletin.
Armenia unveils Crossroads of Peace initiative as Silk Road forum kicks off in Georgia
Plan proposes that Azerbaijan and Turkey reopen their land borders and connect through several routes passing through Armenia.
COMMENT: When there is no conflict in the South Caucasus, there will be no need for Russia there
It is realistic to expect Armenia's strategic turn to the West and Russia's final withdrawal from the South Caucasus after the settlement of Armenian-Azerbaijani and Armenian-Turkish relations.
Iran calls on Russia to stop UN resolution against Palestine
Iran used October 23’s so-called “3+3” meeting intended to discuss the Armenian-Azerbaijan situation to urge Russia to thwart a United Nations Security Council resolution on Palestine.
State Department denies Blinken warned about risk of Azerbaijan attacking Armenia
Fears of a new escalation have grown in Armenia since Azerbaijan’s attack on Nagorno-Karabakh in late September, with many fearing that Baku might want to take the “Zangezur corridor” in the south.
Absent Armenia remains elephant in room as Putin prepares for CIS summit in Kyrgyzstan
Trip abroad is Russian leader’s first since International Criminal Court issued a warrant for his arrest.
COMMENT: The new Iran – Azerbaijan transit route reflects shifting geopolitical realities
The revised Zangezur Corridor project through Iran will enable Azerbaijan to restore diplomatic relations and facilitate trade with its big neighbour, while Armenia will remain in play as a future partner for regional transport connections.
ING: Azerbaijan at inflection point following retaking of Karabakh
As a low-risk financial powerhouse, gas-rich country would be an attractive borrower, if it were to need the money.