Global Insider: Caspian Littoral Diplomacy

Iran recently joined Russia in expressing concern about negotiations among the European Union, Azerbaijan and Turkmenistan over a proposed trans-Caspian pipeline. In an email interview, Gawdat Bahgat, a political science professor at National Defense University, discussed diplomacy among the Caspian littoral states. WPR: What are the main issues facing the Caspian littoral states in terms of maritime boundaries and resource rights? Gawdat Bahgat: Though the Caspian region does not have the massive proven oil and gas reserves the Persian Gulf region holds, Azerbaijan, Kazakhstan and Turkmenistan have proven themselves as major energy producers and exporters. The intense disagreement over maritime […]

A memorandum of understanding between the Armenian Ministry of Energy and Natural Resources and the Isle of Man-registered International Minerals & Mines Ltd. is paving the way for the exploration of Armenia’s shale reserves. Should large-scale commercial extraction proceed, Armenia’s energy find could grant the landlocked Caucasus nation a measure of energy independence and, with it, newfound geopolitical freedom. The Aug. 3 deal comes on the heels of another agreement between the Energy Ministry and the U.S. State Department in June to cooperate in energy exploration, commercialization and investment. This agreement plans “cooperative assessment and technical studies of Armenia’s energy […]