MenuAtlantic Council March 25, 2016 By Ariel Cohen Falling oil prices are a major challenge for oil revenue-dependent markets, including Venezuela, Russia, and Iran. But closer to the United States, Canada, which is heavily dependent on oil exports, is also suffering. Estimated Canadian oil reserves sit at 172 billion barrels. Russia, in comparison, only has
Category Archives: Energy Security
Iranian gas industry to require massive investments to meet European demands
Trend News Agency January 26, 2016 By Elena Kosolapova The Iranian gas industry will require massive investments to meet European and global demand, Non-resident Senior Research Fellow at the Atlantic Council’s Global Energy Center and Dinu Patriciu Eurasia Center Ariel Cohen said in his report obtained by Trend. “Only 160 billion cubic meters of gas
Why TANAP/TAP a better alternative than Turkish Stream
Trend News Agency January 27, 2016 By Aygun Badalova The Trans Anatolian gas pipeline (TANAP) and the Trans Adriatic Pipeline (TAP), being realized within the Southern Gas Corridor project, aimed at the the transportation of the Caspian gas to Europe, provide a better alternative than Russia’s Turkish Stream project, Ariel Cohen, Nonresident Senior Research Fellow
Amid Falling Oil Price, Middle East Arms Race Led By Saudi Arabia Expected To Slow Down
International Business Times January 12, 2016 By Christopher Harress http://www.msn.com/en-ae/news/world/black-gold-drowns-middle-east-arms-race/ar-CCtElo As Middle East nations look to build up their weaponry amid regional civil wars, that arms race is now at risk of grinding to a halt. The price of oil kept sliding Tuesday, past the point where the oil-based economies in the region are able to balance their budgets.
Saudi-Iranian Crisis, China’s Economic Slide Set Stage for Perfect Storm in the Oil Market
The Atlantic Council January 5, 2016 By Ariel Cohen http://www.atlanticcouncil.org/blogs/new-atlanticist/saudi-iranian-crisis-china-s-economic-slide-set-the-stage-for-perfect-storm-in-the-oil-market The deepening rift between Saudi Arabia and Iran may have dire consequences for global oil markets because the kingdom’s Eastern Province, where the Shia are in the majority, produces most of its oil. Production would suffer if Iran were to foment unrest among this population.
Russia’s Quarrel With Turkey Is Distracting—and Dangerous
The National Interest December 3, 2015 By Ariel Cohen http://nationalinterest.org/archives/by/2398 De-escalation is crucial in order to restore focus on the Syrian war itself. As the world’s leaders gathered for the COP 21 climate change summit in Paris, a more immediate and grave threat should have preoccupied their attention. Two regional powers, Russia and Turkey, have
REPORT: Developing a Western Energy Strategy for the Black Sea Region and Beyond
Atlantic Council November 18, 2015 By Dr. Ariel Cohen In Developing a Western Energy Strategy for the Black Sea Region and Beyond, Senior Fellow at the Atlantic Council’s Dinu Patriciu Eurasia Center and Global Energy Center Ariel Cohen addresses the urgent need for a European policy on Black Sea energy following Russia’s annexation of Crimea.
Ariel Cohen: Georgia Could Become an Energy Exporter
Georgia Today October 29, 2015 By Zviad Adzinbaia Georgia Today, like many of our Readers, was interested in the groundbreaking announcement by a US independent oil and gas exploration and production company Frontera Resources over discovery of an estimated 3.8 trillion cubic meters of gas in the Georgian region of Kakheti early this month. To
Turkey Energy Deals: Moscow’s Increased Intervention In Syrian War Is Putting Economic Accords With Ankara At Risk
International Business Times October 17, 2015 By Christopher Harress The European Union on Monday scheduled talks with Russia to press for the speedy resolution of a dispute with Ukraine that has hit gas supplies to countries in eastern and southern Europe facing freezing temperatures. Turkey has increased gas delivered from Russia via the Blue-Stream pipeline
War in Syria: Time for America to Get Tough on Russia
The National Interest October 15, 2015 By Ariel Cohen Last week, Russia hit Syria with 26 Kalibr cruise missiles fired from its warships in the Caspian Sea. The strikes mirrored the U.S. Tomahawk missile strikes against Iraq and Afghanistan of the past decade. This is the first time Russia is using military force outside the