In late-June, Turkey and Azerbaijan signed accords green-lighting the much-anticipated $7 billion Trans-Anatolian Pipeline (TANAP), which will ferry 16 billion cubic meters (bcm) of natural gas from Azerbaijan’s Shah Deniz II field through neighboring Georgia to Turkey and from there to European markets. While the deal has been described as a deathblow to the once highly touted European Union-backed Nabucco pipeline consortium, TANAP’s emergence alongside a host of other alternative and unconventional energy options is also endangering Russia’s near-monopoly in the European natural gas market. In its original form, Nabucco, named for Verdi’s famous opera, was billed as a means [...]
With U.S. Secretary of State Hillary Clinton on a tour of the South Caucasus last week, hopes that Washington’s top diplomat could use the visit as an opportunity to push for regional peacemaking and democracy support were quickly overcome by events on the ground, underscoring the region’s volatility. Though Clinton’s meetings in Georgia were mostly low key, the brittle cease-fire between arch-nemeses Azerbaijan and Armenia was sorely tested by a series of clashes, fueling fears that another Caucasus war was in the offing. Relations between Azerbaijan and Armenia have been rocky since the two former Soviet republics fought a war [...]
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