By Natalia Konarzewska
December 7th, 2015, The CACI Analyst
After meeting with Gazprom’s CEO Alexei Miller in Milan on September 25, Georgia’s Energy Minister Kakha Kaladze announced that the parties discussed increasing Russia’s transit of gas to Armenia and opened a possibility for Georgian commercial entities to buy additional volumes of Russian gas. In October, Kaladze reiterated that Tbilisi wants to diversify its natural gas routes and suppliers through imports from Russia and possibly Iran. No details about the eventual increase of gas shipments from Russia have so far been revealed. Yet the prospective agreement has already caused controversy among Georgian political opposition, which questions Gazprom’s reliability as a gas supplier, and raised concerns in Azerbaijan, which is Georgia’s largest gas provider.
By Mina Muradova
November 30th, the CACI Analyst
In recent weeks, a political controversy has emerged in Tbilisi over the Georgian government’s negotiations with Gazprom over a return of the Russian natural gas giant to the Georgian market. Georgian officials insist there is no intention to replace gas imports from Georgia’s main supplier Azerbaijan with Russian gas, but Georgia’s own experience of dependency on Gazprom makes the issue highly controversial.
By Richard Weitz
October 19th, 2015, The CACI Analyst
Although international attention regarding Iran naturally gravitates towards Tehran’s activities in the Persian Gulf and the nuclear realm, Iran is also an active player in the South Caucasus, Central Asia, and Afghanistan. Thanks to its nuclear deal with the great powers, the subsequent relaxation of sanctions, and the growth of regional terrorism and Russian military activism, Iran’s influence in the region is set to grow considerably in coming years, though not necessarily to the benefit of the regional states or their Western partners.
By Rohullah Osmani
September 18th, 2015, The CACI Analyst
After several years of uncertainty, a hope for a breakthrough has emerged for a critical energy project in South-Central Asia. On August 6, 2015, the 22nd TAPI Steering Committee approved Turkmenistan’s Turkmengaz as the consortium leader to oversee efforts in constructing, financing and operating the 1,600 kilometer natural gas pipeline. Achieving this milestone suggests a very important development for TAPI. Turkmenistan is taking a firmer lead in the project after talks with a French investor stalled, and also after the recent agreement over Iran’s nuclear program. This suggests Ashgabat is speeding up the project over fears that Iranian gas might flood back on to the market.
By Natalia Konarzewska
September 15th, 2015, The CACI Analyst
Armenia’s economy is currently experiencing a significant decline, which is primarily caused by spillover from Russia’s recession. At the end of 2014, Armenia’s national currency, the dram, saw rapid depreciation, which boosted inflation. Falling remittances from Russia are putting additional pressure on the dram, negatively affecting the livelihood of many ordinary citizens. Additionally, export volumes to Russia, which is Armenia’s top export destination, have decreased significantly. Armenia currently has few options to boost its faltering economy due to a falling number of foreign direct investments, high national debt and a shortfall of budget revenue. Economic forecasts for Armenia remain grim and since June the country has seen a wave of protests over the price hike on electricity.
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.