The following article is based on research conducted under the State Department’s Title VIII Fellowship, for the Black Sea Program at MEI. During summer 2024, the author traveled to Baku and Karabakh and interviewed 15 policymakers from various government ministries, the private sector, academia, the parliament, and energy agencies. Azerbaijan …
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Biden’s LNG freeze makes little sense from both European and the US energy security perspectives. It won’t promote a green energy transition. Most energy experts acknowledge that LNG is the principal bridge fuel necessary for a green future. And if American LNG is not readily available, it will be replaced …
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After a year of unprecedented turmoil, global energy prices could return to a ‘new normal’ in 2023—or they could be further disrupted by ongoing or new political and economic crises. The full-scale Russian invasion of Ukraine in February 2022 led to major reverberations in energy markets around the world. In an attempt …
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Considering the increase in demand in the market and the concern of the producing countries about the future of the oil market, and the desire of these countries to increase the production capacity, it is not possible to expect the market to return to normal conditions in the short run. …
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