Myanmar And The Rush For Energy

The country has 7.8 trillion cubic feet of proven natural gas reserves, worth about $75 billion at current U.K. benchmark prices. Neighbors India and China covet the stuff. In a recent report, the McKinsey Global Institute estimated that energy and industries such as agriculture need a combined $320 billion through 2030 for Myanmar’s economy to […]

Rate this:

Why Is Central Asia Central To Chinese Plans…

China’s influence in post-Soviet Central Asia has steadily grown for 20 years. Beijing, striving to suppress Uighur separatist movements in and beyond its own Xinjiang province as well as to tap into Central Asian development projects, has backed the neighboring region’s largely unpopular authoritarian regimes. As a result, the populations’ receptiveness to Islamic forms of […]

Rate this:

The Coming Dash for Gas

Exploratory drilling near the coasts of Cyprus, Egypt, Israel, Lebanon, Syria, and Turkey has unearthed vast reserves of natural gas. Competition over the rights to tap those resources is compounding existing tensions over sovereignty and maritime borders. The eastern Mediterranean is quickly becoming as volatile as its eastern cousin, the South China Sea. Read Here […]

Rate this:

Zardari’s gesture of defying the US rings hollow

When Pakistan’s President Asif Ali Zardari travels to Iran on Monday to oversee the formal inauguration of an ambitious gas pipeline project from Iran to Pakistan, his gesture of defying US pressure on this issue will be seen broadly as a hollow one. With just days before the tenure of his elected government ends, Zardari […]

Rate this:

How Putin Is Turning Russia Into One Big Enron

In a few quick decisions, President Vladimir Putin has devastated Russia’s energy policy. This daring radical change of strategy will primarily hit state revenues. The essence of these policy changes is renationalization, a massive increase in capital expenditure and reduced efficiency. For years,Gazprom has carried out too large capital expenditures, 70 percent of which investment analysts euphemistically with call “value detraction,” which really means corruption or […]

Rate this: