This book explores varying outcomes of energy cooperation, defined as diplomatic relations, bilateral trade, and investment in oil and natural gas. It looks at economic potential, geopolitical rivalry, and domestic interest groups in the cases of U.S.-Russia, U.S.-Azerbaijan, and Russia-Germany energy ties.
In this OIES’s paper, Gulmira Rzayeva provides a comprehensive analysis of the challenges which were surmounted in the development of the Shah Deniz field, not least of which related to establishing export pipelines and marketing arrangements in Turkey, and (for Phase 2) Europe.
For more than ten years harsh negotiations among different oil majors and pipeline consortia have been taking place about the Southern Gas Corridor, all of them seeking to transit 10 bcm/year of natural gas that will be produced from the Shah Deniz giant gas field of Azerbaijan to the European Union. As of today, no Final Investment Decision (FID) has been reached neither for the preferred pipeline route to Europe, nor for the production of the second phase of Shah Deniz…
New Economics Papers Energy Economics (REPEC)