Despite a rapprochement of sorts in 2019 (see EDM, March 20, 2019), Iran’s relations with the Republic of Azerbaijan faced new strains and challenges during the final year of Hassan Rouhani’s presidency (set to end on August 3, 2021), especially following the outbreak of the Second Karabakh War in late September …
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The geopolitical and geo-economic impact of the three-decades-old Karabakh conflict on the stability of the broader South Caucasus is clear and broadly recognized. Given the importance of the South Caucasus as a transcontinental energy corridor, any intraregional instability or periodic flare-ups in violence there pose countless risks to the energy …
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Reducing dependence on Iranian gas will increase Turkey’s bargaining power in gas transactions. In practice, Iranian gas will not play a significant role in Turkey’s policies, which means that it can be easily removed from them and sanctioned. The diversification of energy resources is a fundamental principle of Turkey’s energy …
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Azerbaijan’s location on the Caspian Sea means it is developing offshore oil and gas fields. Due to the share of oil and gas reserves and production from the Caspian Sea, the country’s energy strategy in maintaining and increasing its energy status, especially in the gas sector, has led to the …
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