Geopolitical and Economic Factors of The Energy Sector Development of Azerbaijan and Turkey
https://doi.org/10.48137/2687-0703_2021_13_1_157
Abstract
The main subject of the article is the energy complexes of Azerbaijan and Turkey at the current moment. As shown by the author, the energy complexes of these two countries are becoming more and more interconnected. To a certain extent, we can talk about their convergence, in which Azerbaijan plays the role of a resource base, and Turkey – a transport and logistics hub.
We can also say that Turkey depends on Azerbaijan to a certain extent. In particular, the Azerbaijani state-owned company SOCAR has contracts for the supply of aviation fuel to major Turkish airports, and also actually controls oil refining in Turkey. This creates opportunities for Azerbaijan's influence on the Turkish economy, and in the future – on internal politics.
Another problem is the limited Azerbaijani resource base combined with the global challenges of Azerbaijani-Turkish transport and logistics projects. The article discusses possible ways to solve this problem. In particular, the possibility of settling disputes with Turkmenistan in the Caspian Sea and replenishing the resource deficit at the expense of the Mediterranean shelf.
In conclusion, the author considers the issues of competition between the Azerbaijani-Turkish alliance and Russian energy companies.
About the Author
V. V. Novikov
Institute of CIS
Russian Federation
Russian Federation
Vladimir V. Novikov, Candidate of Historical Sciences, Head of the Caucasus Department
7/10, b. 3, B. Polyanka str., Moscow, 119180
References
1. Political processes in the post- Soviet space: new trends and old problems, 2020 / Ed. E. G. Solovyov, G. I. Chufrin; IMEMO RAS. M. 276 p. (In Russ.)
2. Masumova N. R., 2010. Modernization of the fuel and energy sector and the Energy Strategy of Turkey // MGIMO Review of International Relations. № 6 (15). P. 265–277. (In Russ.)
3. Belenkaya M., 2019. Athens and Ankara decided not to escalate // https://www.kommersant.ru/doc/4181319, accessed 05.04.2021. (In Russ.)
4. Belyaev D., 2020. Gas race. Why has the situation in the Mediterranean worsened? // https://tass.ru/mezhdunarodnaya-panorama/9258767, accessed 31.03.2021. (In Russ.)
5. Weber M., 2021. Turkey has launched the exploration of new natural gas fields in the Black Sea // https://yandex.ru/turbo/s/actualnews.org/exclusive/384169-turcija-razvernula-v-chernom-more-razvedku-novyh-mestorozhdenij-prirodnogo-gaza.html?utm_source=share_link_button, accessed 31.03.2021. (In Russ.)
6. Kutuzova M., 2018. SOCAR has opened the largest STAR oil refinery in Turkey. http://neftianka.ru/sosar-otkryla-krupnejshij-v-turcii-npz-star/, accessed 04.04.2021. (In Russ.)
7. Likhachev V., 2016. The state of Russian- Turkish relations in the energy sector // https://russiancouncil.ru/analytics-and-comments/analytics/sostoyanie-i-perspektivy-rossiysko-turetskikh-otnosheniy-v-e/, accessed 20.03.2021. (In Russ.)
8. Matveev I. E., 2017. Azerbaijan's energy sector. Problems and prospects of the energy sector of the Republic of Azerbaijan. Part 2. // http://matveev-igor.ru/articles/366227, accessed 05.03.2021. (In Russ.)
9. Nikiforov O., 2020. Energy dimension of the war in Nagorno- Karabakh // https://www.ng.ru/ng_energiya/2020-11-09/9_8009_karabakh.html, accessed 21.11.2020. (In Russ.)
10. Protsenko N., 2020. Azerbaijan in the oil trap: a new crisis with a weak barrel is inevitable // https://eadaily.com/ru/news/2020/03/13/azerbaydzhan-v-neftyanoy-lovushke-novyy-krizis-pri-slabom-barrele-neizbezhen, accessed 31.03.2021. (In Russ.)
11. Tarasov S., 2018. ExxonMobil and Chevron leave Azerbaijan // https://regnum.ru/news/polit/2531674.html, accessed 12.02.2021. (In Russ.)
12. Chichkin A., 2016. The inexhaustible riches of Nagorno- Karabakh do not give rest // https://newsrussia.media/society/1742-neischerpaemye-bogatstva-nagornogo-karabaha-ne-dayut-pokoya.html, accessed 21.03.2021. (In Russ.)
13. Azerbaijan and Turkmenistan preferred tit in hand // https://neftegaz.ru/news/gas/287870-azerbaydzhan-i-turkmeniya-predpochli-sinitsu-v-rukakh/, accessed 01.04.2021. (In Russ.)
14. Azerbaijan will play its role in regulating oil prices // https://az.sputniknews.ru/economy/20200410/423622370/azerbaijan-skorashhenie-dobychi-nefti-opec.html, accessed 12.04.2020. (In Russ.)
15. American Chevron sold its assets in Azerbaijan // https://vesti.az/ekonomika/amerikanskaya-chevron-prodala-svoi-aktivy-v-azerbajdzhane-402202, accessed 15.02.2020. (In Russ.)
16. The gas that Europe was waiting for went to the East. Economic Information Agency // https://1prime.ru/gas/20210125/832887164.html, accessed 01.02.2020. (In Russ.)
17. Oil production from ACG decreased in the first quarter // https://vesti.az/ekonomika/dobycha-nefti-s-achg-sokratilas-v-pervom-kvartale-404888, accessed 15.02.2020. (In Russ.)
18. Dostluk field // https://neftegaz.ru/tech-library/mestorozhdeniya/142282-mestorozhdenie-kyapaz/, accessed 05.03.2021. (In Russ.)
19. SOCAR's daughter won the tender for the purchase of 500 thousand tons of oil from Turkmenistan // https://neftegaz.ru/news/Trading/654979-dochka-socar-vyigrala-tender-eni-na-zakupku-500-tys-t-nefti-iz-turkmenistana/, accessed 17.03.2021. (In Russ.)
20. My hopes were fulfilled. Chevron expands export capacity of Israel's Tamar and Leviathan gas fields // https://neftegaz.ru/news/transport-and-storage/660630-nadezhdy-opravdalis-chevron-rasshirit-eksportnye-moshchnosti-izrailskikh-gazovykh-mestorozhdeniy-tam/, accessed 01.02.2021. (In Russ.)
21. «Deal of the Century» extended: Azeri- Chirag- Guneshli will be in development until 2050 // http://neftianka.ru/azeri-ch-g/, accessed 05.03.2021. (In Russ.)
22. Turkmenistan is ready to continue negotiations with Azerbaijan on the ownership of the «Kapaz» field // https://www.kavkaz-uzel.eu/articles/209636/, accessed 05.03.2021. (In Russ.)
23. Turkmen oil stumbled over tanker shortage // https://news.ati.su/news/2019/02/15/turkmenskaya-neft-spotknulas-ob-deficit-tankerov-200900/, accessed 17.03.2021. (In Russ.)
24. Turkmen oil exports under threat due to traders' conflict // https://fomag.ru/news-streem/eksport_turkmenskoy_nefti_pod_ugrozoy_iz_za_konflikta_treyderov/, accessed 17.03.2021. (In Russ.)
25. SOCAR may supply Belarus with up to 1 million tons of oil // https://oilcapital.ru/news/export/11-03-2020/socar-mozhet-postavit-belorussii-1-mln-tonn-nefti, accessed 01.03.2021. (In Russ.)
26. SOCAR provides more than half of Turkey's jet fuel needs // https://sptnkne.ws/FYFg, accessed 01.04.2021. (In Russ.)
27. ExxonMobil has returned to the idea of selling a stake in a field in Azerbaijan // https://vesti.az/ekonomika/exxon-mobil-vernulas-k-idee-prodazhi-doli-v-mestorozhdenii-v-azerbajdzhane-405781, accessed 15.02.2020. (In Russ.)
Review
For citations:
Novikov V.V. Geopolitical and Economic Factors of The Energy Sector Development of Azerbaijan and Turkey. Geoeconomics of Energetics. 2021;(1):157-174. (In Russ.) https://doi.org/10.48137/2687-0703_2021_13_1_157
Views:
70
Email this article 