Tag "Trans-Caspian Pipeline"

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Eurasia Natural resources and energy

The Future of the Trans-Caspian Gas Pipeline

Since February of this year, the escalation of the conflict in Ukraine has had extensive repercussions around the globe. The geopolitical scene is seeing military buildups in Europe, unprecedented since World War II, stronger political and diplomatic ties–within NATO and between Moscow and Beijing–and increasingly groundbreaking economic shifts, with many Western countries imposing sanctions against Russia and divesting their Russian assets. One of the most important factors caused by this domino effect appears to be energy security in Europe.