Carnegie Endowment for International Peace
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The Xi’s visit to Moscow was the realization of a “win-win” formula beloved by the Chinese. The negotiations between Xi Jinping and Vladimir Putin can be seen as a shared symbolic victory and as a broad declaration of good intentions, but the fight over who can benefit more in practical terms has already begun
The Ukraine crisis has made Europeans see Greek foreign policy as particularly threatening and divisive. In reality, Greece is simply acting in line with its long-standing political traditions. The question of European unity still lies in the hands of Brussels and Berlin.
It will take Iran a long time to make up the ground it has lost in the South Caucasus since the end of the Soviet Union.
Calling time on the South Stream pipeline project, Putin announced a new Black Sea pipeline to Turkey instead. The new project could be a competitor to Azerbaijan gas ambitions, but, at the same time, it may require more collaboration in the future.
Vladimir Putin’s trip to Turkey could help him recover from the cold-shouldering at the G20 summit in Brisbane, but it will not make Ankara abandon its great strategic goal to become an indispensable supplier of natural gas to Europe and a major competitor for Gazprom.
In view of Russian President Vladimir Putin’s visit to Turkey, Eurasia Outlook asked a few of the authors of the recent paper on Russian-Turkish cooperation what to expect from this visit.
Turkey sees the acute energy market competition as an opportunity to establish itself both as an influential energy state and as a central Eurasian power. In this regard, choosing Turkmenistan as the site of one of the first state visits by the new Turkish president was not accidental.
Moscow’s most recent, failed attempt to cooperate with China on the Altai gas pipeline shows that its political ambitions are not compatible with elementary arithmetic.
The only possible source of money for the Power of Siberia pipeline is no one else but China, and the terms of this assistance will be dictated from Beijing. The Kremlin’s inability to come to terms with the Western world does not come cheap.
The effect of the new sanctions on the Russian oil and gas industry might be very sensitive while at the same time saving large sums of money on projects with impossibly long payback prospects. Either way, Western governments are now doing basically what the Russian leader always wanted, staying away from Russia’s oil and gas.