Tag Archives: Caspian Sea

State Oil Company of the Republic of Azerbaijan (SOCAR) has become one of Türkiye’s largest foreign investors and a core pillar of the Baku–Ankara energy partnership. Since acquiring Petkim in 2008, the Azerbaijani state energy company has built an integrated portfolio spanning petrochemicals, refining, gas transit, logistics, storage, and power …

Amir Soltanzadeh 08/19/2026August 19, 2026 Five countries border the Caspian Sea, but none owns a fixed share. A 2018 convention established rules for navigation, security and fishing while leaving some seabed borders unresolved. For decades, debate in Iran over the Caspian Sea has often centered on a deceptively simple question: What percentage …

On 29th July 2026, a suspected drone struck the Energos Winter, a US-owned floating storage and regasification unit (FSRU), at Egypt’s Damietta port. The resulting fire spread to the nearby Gaslog Salem. Both crews were evacuated, the fire was contained, and no casualties were reported. Maritime security firms Ambrey and Vanguard identified …

The Caspian coast of Iran is at a turning point, where environmental deterioration, economic losses, and geopolitical tensions collide Climate change, increased evaporation, and decreased inflows from feeder rivers like the Volga are contributing to a dramatic and rapid drop in water levels in the Caspian Sea, the world’s largest inland …

Significant progress has been made in establishing Türkiye as a major regional gateway for the transit of natural gas, especially in enabling the shipping of gas from Turkmenistan and Azerbaijan to Europe. Its strategic positioning in the global energy market is strengthened by its participation in significant infrastructure projects like …

A new agreement to import Russian gas through Azerbaijan – signed by Iran’s president in Moscow — may reflect difficulties in constructing a pipeline under the Caspian Sea. Among the many challenges it faces as its regional alliances buckle, Iran is also experiencing a severe energy crisis despite possessing the world’s second-largest …

One month since the Russian invasion of Ukraine, it has become clear that the war in Ukraine is changing global energy geopolitics. To understand the role of energy in the US response to the Ukraine Crisis, Adam Hoffman and Dr. Rebecca Molloy of Wikistrat interviewed Dr. Umud Shokri, who is …

The recent agreement on the transit of Turkmen natural gas through Iran to Azerbaijan can be considered a successful form of energy diplomacy during the Raisi presidency. The recent agreement on the transit of Turkmen natural gas through Iran to Azerbaijan can be considered a successful form of energy diplomacy …

With a potential output worth $450 billion over its first 20 years, Iran’s Chalous gas field in the Caspian Sea, raises issues of both finance and where the gas might sell. The field, whose discovery Iran proclaimed in June and which has perhaps 3.5 trillion cubic meters (m3) of gas, reportedly is part …

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 …