Frank Umbach: EU decision on talks with Azerbaijan and Turkmenistan to realize Nabucco is unprecedented

Frank Umbach: EU decision on talks with Azerbaijan and Turkmenistan to realize Nabucco is unprecedented

Azerbaijan , Baku, Sept. 16 / Trend E.Tariverdiyeva /

The decision of the EU and to speak with one voice in the negotiations with Azerbaijan and Turkmenistan to realize the Nabucco project is in many ways unprecedented, Frank Umbach, Head of the Programme "International Energy Security" at the
Centre for European Security Strategies, Munich-Berlin & Associate Director at the European Centre for Energy and Resource Security (EUCERS), King's College, London, believes.

"Firstly, it highlights the concerns of the EU of becoming not too dependent on Russia and its sole monopoly supplier of Gazprom - in particular after the Nord Stream pipeline has just launched its operation. Secondly, the EU has recognized that under specific circumstances, national member states and individual European oil and gas companies are too weak towards state-owned national oil and gas companies and important producer/exporting countries", Umbach told Trend.

While bilateral gas contracts may bring benefits for individual member states, it may have direct and indirect negative impacts on other EU member states as in the case of Nordstream if one analyses the original bilateral contract between Germany and Russia ( Nordstream has become a rather European project only during the last years), Umbach said.

Thus coordination and speaking with one voice is not just important for the internal market but even more for the EU's energy foreign policy, Umbach believes.

"Unfortunately, the EU often lacked that during the past years despite some improvements. But improving coordination and increasing coherence in its energy foreign policies will bring collective benefits for all EU-27 member states and enhance the EU's position for becoming a strategic played on the global scene", Umbach said.

If successful, the EU's entire position in its wider foreign policies as well as future external trade will also benefit from increased coordination and coherence as the EU's new energy foreign policy strategy ("The EU Energy Policy: Engaging with Partners beyond our borders") has highlighted at the beginning of September", Umbach added.

"Thirdly, it is the more important to speak with one voice as the EU's gas production is falling and the need to address and to cope with rising gas imports is increasing. ", Umbach said.

Umbach underscored, that the implementation of the Southern Corridor project and its strategic relevance for the diversification of the EU's future gas imports is dependent on new transmission infrastructure, such as Nabucco and a Trans-Caspian Gas Pipeline for supplying Turkmen gas across the Caspian Sea.

A collective stance increases the chances of importing gas from both Central Asia and the Caspian region as well as from the Middle East (Iraq and in the future also Iran, if the political conditions change in Teheran), Umbach said.

"Fourthly, the contest between the Nabucco-gas pipeline and the two smaller, but also less expensive projects (such as the Trans-Adriatic Pipeline and the Interconnector-Turkey-Greece-Italy) - vying for a share of around 20 bcm that Azerbaijan has pledged for the EU's Southern Corridor - has intensified during the last months as the October 1 deadline for the parties to submit tariff proposals to the consortium developing the second phase of Azerbaijan's Shah Deniz gas field is looming at the near horizon. An additional 10bcm gas per year from Turkmenistan in addition to Azerbaijan's promised 10 bcm would significantly improve the realization of the Nabucco pipeline", - Umbach said.

Regarding the Caspian sea status Umbach said Azerbaijan and Turkmenistan have a strategic interest to maintain a stable relationship with Russia and Iran, Umbach said.
But both have also a strategic interest to diversify their oil and gas exports, particularly Turkmenistan which is much more dependent on Russia than Azerbaijan, Umbach added.
"Turkmenistan already follows Kazakhstan's "multivector energy and foreign policy" and has expanded its energy exports to China in order to reduce its dependencies on Russia. From the point of international law, many experts see no problem in building a sub sea Trans Caspian gas pipeline between their Exclusive Economic Zones, particularly as progress is being made in bilateral relations", Umbach said .

But politically, there was a former understanding of not going ahead with projects without the political agreement of all sides in regard to the unresolved status of the Caspian Sea, Umbach added.
"But it has also becoming clear for both Azerbaijan and Turkmenistan that Russia is using that previous understanding to block any diversification of Azerbaijan's and Turkmenistan's diversification of exporting their oil and gas exports . And it won't have any interest to agree with Azerbaijan and Turkmenistan in the future to allow exports to Europe. And of course, citing environmental reasons to block a subsea Caspian gas pipeline by Russia is not credible any way giving its record of environmental policies at home and abroad", Umbach added.

Iran reveals COVID-19 data for February 24
Iran reveals COVID-19 data for February 24
Iran reveals COVID-19 data for February 23
Iran reveals COVID-19 data for February 23
Iran's Deputy Minister of Health discusses ongoing COVID-19 vaccinations
Iran's Deputy Minister of Health discusses ongoing COVID-19 vaccinations
Loading Bars
Latest
Turkey records more revenue from Jan.2021 car exports to France
Uzbekistan eyes purchasing helicopters from Airbus
Turkey always next to Azerbaijan - speaker of Turkish Parliament
Volumes of agricultural products export in Turkmenistan’s Lebap region revealed
Annual profit margin of Georgian banks increases
Azerbaijan's export of plastics over Jan. 2021 shows substantial growth
Iranian parliament shares grief of relatives of victims of Khojaly tragedy
Upgrading of Internet equipment in Azerbaijan's Khachmaz district continues - Ministry
Uzbekistan to fund introduction of drip irrigation technology for cotton growing
Europe’s gas trade to decline to 450 bcm by 2050
Kazakh gas producing company opens tender to buy spares for wells repair
Turkmenistan to send cargo flight to Turkey
Kazakhstan boosts mutual trade with Germany amid COVID-19
Ukrainian companies eye creating logistics center in Turkmenistan’s seaport
Chip shortage leads Japan automakers to post 4.5% slump in January global output
Georgia sees decrease in COVID-19 cases
Direct impacts of COVID-19 on gas market to be evident through to 2030
Baku Higher Oil School, Stockholm University to start training cybersecurity specialists
Aston Martin expects better 2021 sales after deep losses
Kazakhstan's expenses for importing Turkey-made steel grow in Jan.2021
IGB can be extended to eastern, northeastern Europe
Iranian president inaugurates Abyek-Varamin Highway
Azerbaijan shares footage from Gubadly district's Yusifbayli village (VIDEO)
Indian citizen Kaushik Barua conferred with Royal Order in Cambodia
India set to manufacture containers to boost exports
GUAM commemorates Azerbaijan's Khojaly Genocide
Uzbekistan, Kazakhstan preparing for demarcation of state borders
World's largest cricket stadium renamed as Narendra Modi Stadium
Ukraine receives first Covid-19 vaccine doses
UAE establishes executive office to combat money laundering, terror financing
Reconstruction Work Of 66th School Under Indian Aid Begins In Nepal's Dakshinkali
Senior Officials Of India, France, Australia Discuss Further Cooperation In Indo-Pacific
Gold price in Azerbaijan decreases
Uzbekistan reveals COVID-19 data for Feb. 25
ERIELL int’l oilfield services group working on increasing hydrocarbon production in Uzbekistan
Georgian Crystal's refinancing plan carries elevated execution risk
Turkey issues data on ships received at Kocaeli port during Jan. 2021
Azerbaijani oil prices continue to grow
Azerbaijani currency rates for Feb. 25
Iran's Energy Exchange announces products to be on sale on February 27
Pakistan announces opening of flights to Azerbaijan
Iran's Minister of Tourism explains health protocols in coming Nowruz trips
N. Macedonia’s ICT sector may be attractive for Azerbaijani investors – minister
Another Italian municipality officially condemns Khojaly genocide against Azerbaijani civilians
Iran's Rouhani asks US to pave way for talks
Iran cooperates with Germany, Afghanistan to develop renewable energy sector
Iranian gov't, Expediency Council hold another meeting on FATF bills
N. Macedonia names energy, tourism most productive sectors for co-op with Azerbaijan
N.Macedonia, Azerbaijan negotiating on trade agreement
Oil prices hit 13-month highs on tighter supplies, Fed assurance on low rates
Iran and US negotiate only within JCPOA framework
Australian media reforms pass parliament after last-ditch changes
Decrease in bank lending observed in Baku and Azerbaijani districts
Appeals to consulting organizations in Azerbaijan growing dynamically - Azecoconsulting
Azerbaijan Industrial Corporation aiming to restructure portfolio
China becomes Uzbekistan’s main foreign trade partner
Azerbaijan's Central Bank publishes latest data on population's bank deposits
Azerbaijan discloses share of household loans in total lending
Azerbaijani State Migration Service opens tender to buy air transport services
Kazakhstan to reduce VAT for new manufacturing companies
New Turkish ambassadors to Washington, Tokyo officially appointed
Municipal transport to operate on weekends in Georgia
Tariffs on Eurasia trades to go zero: Iranian Official
Number of COVID-19 cases in Kazakhstan surpasses 210,000
Biden to press for $37 billion to boost chip manufacturing amid shortfall
Participation of Azerbaijani SMEs in public procurement to be encouraged
U.S. report on Khashoggi death expected to single out Saudi crown prince
Egypt plans to order 10 mln Sputnik V doses from Russia
Kazakhstan, Poland trade decreases amid COVID-19
Germany grants special approval for first COVID-19 self-test kits
Ford CEO calls on U.S. government to support EV batteries, charging
Swiss logistics giant to partner with Chinese company in vaccine storage and distribution
Japan's cabinet green-lights bill to ratify RCEP trade deal
Kazakhstan increases imports of Sweden-made goods
Kazakh Karachaganak Petroleum Operating paying particular focus to "green" technologies
Kazakhstan's Kcell mobile telecom services provider to de-list its GDRs
Azerbaijan - leader among neighboring countries for index of sustainable development goals
Israel's hi-tech services exports up 19 pct in 2020
Conditions for Int’l cooperation changing - Rouhani
Kazakh airlines eye boosting jet fuel imports
Uzbekistan notes decrease in mining production
COVID-19 greatly affects cargo transportation by vehicles in Azerbaijan's transportation sector
Head of Georgian Governmental Administration quits
Turkey registers more than 9 500 new coronavirus cases
Johnson & Johnson's one-dose vaccine closes in on U.S. approval
Pashinyan shows anti-Russia stance, denigrates 'Iskander' missile fired on Azerbaijan
Azerbaijani FM, European commissioner for Neighborhood and Enlargement discuss situation in region
Azerbaijani FM meets Ukrainian deputy FM (PHOTO)
Visitors show great interest in Azerbaijani products at Gulfood 2021 exhibition (PHOTO)
Azerbaijan discloses amount of investments in economy of Turkic-speaking states
Assistant to Azerbaijani president meets with Ukrainian deputy minister for foreign affairs (PHOTO)
Japan eyes to support development of Georgian agrarian potential
Airlines expanding their activities in Georgia
Georgia reports three cases of UK coronavirus strain
Azerbaijan talks state-supported domestic SME market researches for 2020
Iran's Khatam Al-Anbia Headquarters to begin second phase of Chabahar port development project
Georgia to receive AstraZeneca Vaccine from South Korea and India
Turkmengas opens tender for purchase of technological equipment
Port of Baku records growth in annual turnover despite pandemic
Uzbekneftegaz to accelerate sale of gas stations serving farms
All news