Azerbaijan: New Kid on the Natural Gas Scene?

By Aliza Kempner

As the conflict continues to smolder between Russia and Ukraine, new participants are hoping to step onto the natural gas scene. Azerbaijan, a small country seated between Russia and Iran, is looking to build a $45 billion natural gas pipeline to channel gas into Europe, territory previously covered by Russia’s natural gas supply. Connecting its drilling operations in the Caspian Sea to Italy, the preliminary plan is to carry 16 billion cubic meters of natural gas per year.

Politico has more on Azerbaijan’s ambitious plan and the possible threat it poses to Vladimir Putin.