The gas producers’ consortium at Shah Deniz in Azerbaijan has selected the Trans-Adriatic Pipeline project (TAP, Greece-Albania-Italy, led by Norwegian Statoil) to deliver Azerbaijani gas to Europe. This decision eliminates the Nabucco-West pipeline project (Bulgaria-Romania-Hungary-Austria) from consideration. The decision was communicated to the two rival... MORE

On June 21, Greece’s State Assets Development Fund announced that Azerbaijan’s State Oil Company (SOCAR) has won the tender to acquire control of Greek DESFA’s (Public Gas Transmission System Operator) pipelines. The Asset Fund’s board of directors expressed its unanimous satisfaction with the terms of... MORE

The Barack Obama Administration’s first-term “reset” of the United States’ relations with Russia set in motion a trend in Europe. A number of European governments have adapted the US-Russia “reset” model to their specific situations, initiating similar processes bilaterally with Russia. In Western Europe, such... MORE

Russian Gazprom was poised to take over Greece’s Public Gas Corporation (DEPA), but has withdrawn from the tender literally on the last possible day. The final, binding offer was due to be submitted on June 10, but it did not arrive. Instead, Gazprom claims that... MORE

Croatia is set to join the European Union as a full member on July 1. This makes Croatia a more attractive object of Russian energy interests. The head of Zarubezhneft (Nikolai Brunich, who has in the meantime taken over as chief of Transneft) visited Zagreb... MORE

Russia’s barbed-wire fence construction in Georgia beyond the occupation line (see EDM, June 3, 11–13, 17) has provided another demonstration of the shifting balance of power (“new geopolitical realities”) in this region. It drove home this point without resorting to outright military aggression; and it... MORE

One major assumption behind the new Georgian government’s Russia policy holds that Georgia might regain its Russian-occupied territories in the future through a negotiated solution. This presupposes making Georgia an attractive country to the occupied territories’ populations; de-isolating them to broaden their options; and—if those... MORE

Prime Minister Bidzina Ivanishvili supervises Georgia’s policy toward Russia through his special envoy, veteran diplomat Zurab Abashidze. This appointment has led to the establishment of a bilateral negotiating channel between Abashidze and Russia’s Deputy Foreign Affairs Minister and State Secretary Grigory Karasin. In the absence... MORE

The construction of barbed wire fences by Russian border troops, crossing from South Ossetia into previously uncontested Georgian territory (see Part One, EDM, June 11), caught Tbilisi and its Western partners by surprise. With this operation, Russia de facto annexed several additional bits of Georgian... MORE

From its first days in power, the Georgian Dream coalition government under Bidzina Ivanishvili unilaterally set out to improve relations with Russia, and it has taken a series of unilateral steps toward that end. The government’s initiative stems from domestic, regional, and global considerations.Domestically, Georgian... MORE