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Rauf Mammadov focuses on issues of energy security, global energy industry trends, as well as energy relations between the Middle East, Central Asia and South Caucasus. He has a particular emphasis on the post-Soviet countries of Eurasia. Prior to joining MEI, Mammadov held top administrative positions for the State Oil Company of Azerbaijan Republic (SOCAR) from 2006 to 2016. In 2012, he founded and managed the United States Representative Office of SOCAR in Washington D.C.
As Armenia gradually reorients toward the West, Azerbaijan faces its own geopolitical choice
In early April, a highly publicized trilateral meeting involving the United States, the European Union, and Armenia was widely believed to mark a turning point in Yerevan’s relationship with the West. If it comes to pass, it will present Baku with its own critical decision: whether to abandon multi-vectorism and more fully align with Russia or the West.
Azerbaijan and COP29: An opportunity or a challenge?
Azerbaijan will host COP29 at the end of this year. Being selected to host the most important international climate event is a major achievement for the South Caucasus country, though the spotlight it brings will come with its own challenges due to Azerbaijan’s poor human rights record and worsening relations with the West.
OPEC+ extends production cuts as Riyadh and Moscow find common ground
On March 4, OPEC+ members agreed to maintain their current production cut levels into April, and the Saudi- and Russia-led cartel’s decision further strengthened the upward trajectory of oil prices. While there were differing opinions among the OPEC+ members regarding the state of the global economy, the group’s unanimous decision reflects Riyadh’s current take on the markets, which is that the health of the world’s economy remains fragile as the recovery from the pandemic continues.
Erdogan pulls a rabbit out of his hat with Black Sea gas find, but is it all it seems?
“God has opened the door to unprecedented wealth for us,” said an enthusiastic Recep Tayyip Erdogan as he announced that Turkey had made its biggest-ever discovery of natural gas on Aug. 21. He promised that gas from the 320-billion-cubic-meter deep-sea find would reach consumers in 2023, but industry experts are skeptical and have raised questions about the feasibility of the discovery.
This week’s briefing on recent news and upcoming events in the region featuring Randa Slim, Alex Vatanka, Mirette F. Mabrouk, Marvin G. Weinbaum, W. Robert Pearson, and Rauf Mammadov.
Turkey, the Gulf, and Libya: The economic impact of a growing geopolitical divide
Turkish support for the Tripoli-based Government of National Accord (GNA) in the Libyan civil war has added a new dimension to relations between Turkey and Gulf countries like the United Arab Emirates (UAE) and Saudi Arabia. But what impact have the growing geopolitical divides and diplomatic disagreements had on Turkish-Emirati and Turkish-Saudi economic relations?
The April 12 OPEC+ deal to cut oil production that ended the disastrous five-week Saudi Arabia-Russia price war is a short-term fix for the global industry, but will not resolve the larger problem of over-production. The price war heightened animosity between Riyadh and Moscow and calls into question whether the OPEC+ partnership will ever be the same again.
US-Iran escalation and its implications for the South Caucasus
Over the past several weeks geopolitical experts have been talking a lot about what the surprise U.S. drone attack on Iranian Gen. Qassem Soleimani, head of the IRGC – Quds Force, on Jan. 3 means for the Middle East and relations between the major powers. What has received considerably less attention, however, is what Soleimani’s killing means for the South Caucasus, a region whose small size belies its strategic importance.
Azerbaijani gas is now ready to flow all the way to Europe
Turkey has completed the next-to-last piece of the 2,000-mile Southern Gas Corridor, a three-pipeline network that will send gas from Azerbaijan’s huge Shah Deniz field via Georgia and Turkey to Western Europe.
It was such a big deal that Turkish President Recep Tayyip Erdogan, Azerbaijani President Ilham Aliyev, and Georgian Prime Minister Giorgi Gakharia presided at the ribbon-cutting on Nov. 30. They were celebrating the completion of the pipeline that is the middle link in the Southern Gas Corridor: the Trans-Anatolian Natural Gas Pipeline (TANAP), which traverses Turkey.
The 12-country Gas Exporting Countries Forum (GECF), which held its latest meeting in Equatorial Guinea on Nov. 28, has never had OPEC’s ability to control energy prices, but that is likely to change as liquefied natural gas (LNG) transforms the gas market from a regional to a global one.
Why the Gulf states are investing in Central Asia and the South Caucasus
Following the sharp decline in oil prices in recent years, Central Asian and South Caucasus countries accelerated their efforts to diversify their economies away from oil and gas.They also began looking for additional investors. The wealthy states of the Persian Gulf were a natural fit, as they had the financial resources and were also interested in diversifying their economies away from petroleum. The United Arab Emirates (UAE) and Saudi Arabia have led the overseas investment charge.
Putin’s visit to Riyadh could help shape the next chapter of Russia-Saudi relations
President Vladimir Putin heads to Riyadh to try to pry loose multi-billion-dollar investments that Saudi Arabia has pledged to Russia but failed to deliver on. Putin also hopes to persuade the kingdom to increase two-way trade.
