New Caspian partnership btween Russia, Azarbaijan and Iran

New Caspian partnership btween Russia, Azarbaijan and Iran

Editorial Staff
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During a recent meeting in Baku, Vladimir Putin announced the possibility of a joint venture aimed at creating new power plants in the area, especially given the large gas fields of the Azerbaijani site of Sah Deniz


The development of energy projects and infrastructure in the Caspian region has become a priority for Russia. The statement came from Vladimir Putin himself during a meeting in Baku with the Azerbaijani and Iranian presidents. Specifically, Azerbaijan will be the hinge of this energy policy, founded on the implementation of plants and relative agreements, first and foremost gas. Together with Russia, moreover, Iran is also interested in partnerships of this kind in the area. Teheran and Moscow, in fact, have already developed certain plants in the Caspian region, specifically in the Shah Deniz area. According to several analysts, this has opened up the possibility of an agreement on gas between Russia, Iran and Azerbaijan also in light of the pipeline that Baku is currently constructing to connect to Europe (TANAP).
There is some uncertainty regarding Turkmenistan’s position on the matter. The country, whose natural gas management is almost completely controlled by China, will apparently remain on the outside of the deal, for now: the energy sector in the Caspian region has not yet been "partitioned" among the different countries and this might lead to some tension.