Caspian pipeline knots tighten
Caspian pipeline knots tighten By Robert M Cutler MONTREAL – Two events coincided this week to point towards further complications in Euro-Caspian energy geo-economics. Azerbaijan has signed a memorandum of understanding (MoU) with Georgia and Romania to promote liquefied natural gas (LNG) transportation across the Black Sea, and has separately announced the possibility of postponing a decision on the start-up of production from the offshore Shah Deniz Two natural gas field until 2017 (press reports cite various years from 2016 to 2018). The LNG MoU results directly from an energy conference held earlier this year in Batumi, Georgia, where there … Continue reading Caspian pipeline knots tighten
