President Barack Obama didn’t look into Dimitry Medvedev’s eyes and claim that he saw the Russian president’s soul at the G-20 summit in early April. But the meeting between the two leaders has potentially set the stage for a more pragmatic relationship between Washington and Moscow. Substantial policy differences still separate the two powers, but the dynamics of the U.S.-Russia relationship have shifted away from the mutual bitterness that arose out of the August 2008 war in the Caucasus. However, although energy is not a major part of the public discourse on U.S.-Russian relations, it is a latent factor that [...]
For years, analysts have argued that the Nabucco natural gas pipeline — a U.S.-backed effort to transport gas from the Caspian Sea to Europe via Turkey, thus bypassing Russia — needed to accept gas from Iran if it was to be economically viable. But Iranian involvement in the project, which is intended to reduce European energy dependence on Russian gas exports, has been anathema for U.S. policymakers: Washington’s efforts to thwart Iran’s ambitions have so far overridden its desire to thwart Russia’s. That may be changing. The White House has appointed a new envoy for Eurasian Energy, Richard Morningstar, who [...]
Recent reports of a nuclear power station being built in Albania with Croatian assistance generated about as much heat as they did light. Two weeks ago, Croatian, Montenegrin and Serb newspapers all reported — without naming their source — that the governments of Albania and Croatia had agreed to build a 1,500-megawatt power station near lake Skadar, which is divided between Montenegro and Albania. The cost of the project, they said, would be around €5 billion. But the reports are untrue, according to Tomislav Mazal, an adviser to Croatia’s head negotiator on the issue, Vice Prime Minister Damir Polancec. “We [...]
