By Robert M. Cutler
August 28th, 2016, The CACI Analyst
On June 25, Presidents Vladimir Putin of Russia and Xi Jinping of China met in Beijing, immediately after spending two days together in Tashkent at a summit meeting of the Shanghai Cooperation Organization (SCO). The two countries’ industrial cooperation is dominated by the energy sector, where the several dozen agreements that were signed in Beijing confirmed that in bilateral economic and trade relations China is the agenda-maker and Russia is the agenda-taker. This relationship is now extending itself to the geoeconomic competition between the two in Central Asia and East Central Eurasia generally, as well as into Greater South Asia at a slower pace.
By Rohullah Osmani
January 21st, 2016, The CACI Analyst
The groundbreaking ceremony of the US$10 billion natural gas pipeline project linking Turkmenistan, Afghanistan, Pakistan, and India (TAPI) took place in Ashgabat, Turkmenistan on December 13, 2015, with the Afghan President, India’s Vice-President and Pakistani Prime Minister in attendance. The breakthrough on the long-delayed TAPI gas pipeline project came when the 22nd TAPI Steering Committee, consisting of representatives of the participating countries, as well as the Asian Development Bank (ADB) as the acting transactional advisor for the project, approved Turkmenistan’s state-owned Turkmengaz as the consortium leader to oversee efforts in constructing, financing and operating the 1,000 mile long natural gas pipeline.
By Najia Badykova
November 16th, 2015, The CACI Analyst
Last month, Kazakhstan’s energy minister announced that his ministry would not at present exercise its so-called pre-emption rights to purchase British oil and gas company BG Group’s share in the Karachaganak project. This could be a break in a pattern of acquisitions driven more by economic than political factors. Royal Dutch Shell’s proposed US$ 70 billion buyout of BG Group would give it a major stake in Karachaganak, one of Kazakhstan’s biggest hydrocarbon deposits. Karachaganak accounted for about 15 percent of BG’s total production volume and 9 percent of its US$ 19 billion in revenue in 2014, a BG report has stated. Indeed, it has been a cash cow for BG.
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.