Click on the headline (link) for the full text.
Many more articles are available through the Energy Bulletin homepage
Russia takes control of Turkmen (world?) gas
M K Bhadrakumar, Asia Times
From the details coming out of Ashgabat in Turkmenistan and Moscow over the weekend, it is apparent that the great game over Caspian energy has taken a dramatic turn. In the geopolitics of energy security, nothing like this has happened before. The United States has suffered a huge defeat in the race for Caspian gas. The question now is how much longer Washington could afford to keep Iran out of the energy market.
Gazprom, Russia’s energy leviathan, signed two major agreements in Ashgabat on Friday outlining a new scheme for purchase of Turkmen gas. The first one elaborates the price formation principles that will be guiding the Russian gas purchase from Turkmenistan during the next 20-year period. The second agreement is a unique one, making Gazprom the donor for local Turkmen energy projects. In essence, the two agreements ensure that Russia will keep control over Turkmen gas exports.
(30 July 2008)
Chavez calls for Russia alliance
BBC News
Hugo Chavez has called for a strategic alliance with Russia to protect Venezuela from the US.
The Venezuelan president’s call came as Moscow and Caracas agreed to extend bilateral co-operation on energy.
Speaking during a two-day visit to Russia, Mr Chavez said oil and military cooperation were vital to guarantee Venezuela’s sovereignty.
(23 July 2008)
Contributor AP writes:
At what point would/will Caracas simply cease selling oil to the United States. Or will money continue to trump ideology?
Arctic Map shows dispute hotspots
BBC Online
British scientists say they have drawn up the first detailed map to show areas in the Arctic that could become embroiled in future border disputes.
A team from Durham University compiled the outline of potential hotspots by basing the design on historical and ongoing arguments over ownership.
Russian scientists caused outrage last year when they planted their national flag on the seabed at the North Pole.
The UK researchers hope the map will inform politicians and policy makers.
“Its primary purpose is to inform discussions and debates because, frankly, there has been a lot of rubbish about who can claim (sovereignty) over what,” explained Martin Pratt, director of the university’s International Boundaries Research Unit (IBRU).
“To be honest, most of the other maps that I have seen in the media have been very simple,” he added.
“We have attempted to show all known claims; agreed boundaries and one thing that has not appeared on any other maps, which is the number of areas that could be claimed by Canada, Denmark and the US.” …
(5 August 2008)
The map can be viewed from the BBC website





