RUSSIA MAKES FINANCIAL GAMBLE TO RETAIN CONTROL OF CENTRAL ASIAN ENERGY EXPORTS


	RUSSIA MAKES FINANCIAL GAMBLE TO RETAIN CONTROL OF CENTRAL ASIAN ENERGY EXPORTS

rmowery

3-15-2008 1:22 PM

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tags:

energy, russia, asia

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/404231fa-d233-4530-9b4c-896f78b35948/D9E2150C-3127-4C39-A974-EF5685591A60/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.eurasianet.org/departments/insight/articles/eav031408.shtml" href="http://www.eurasianet.org/departments/insight/articles/eav031408.shtml" style="font-size: 11px;">www.eurasianet.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.eurasianet.org/departments/insight/articles/eav031408.shtml"><SPAN class="storyheader">RUSSIA MAKES FINANCIAL GAMBLE TO RETAIN CONTROL OF CENTRAL ASIAN ENERGY EXPORTS</SPAN></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.eurasianet.org/departments/insight/articles/eav031408.shtml"><P>Kazakhstan, along with its Central Asian neighbors Turkmenistan and Uzbekistan, will receive a huge increase in energy-related revenue following a flurry of regional diplomatic activity. Ukraine, meanwhile, stands to lose the most under the new pricing framework for Central Asian natural gas.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.eurasianet.org/departments/insight/articles/eav031408.shtml"><P>The deal is certain to hit Gazprom’s bottom line. It could also potentially cause supply disruptions down the road by sparking pricing disputes, likely involving Ukraine, which is the key transit nation for European energy exports. But the Russian conglomerate’s action helps solidify Moscow’s position as the gatekeeper for Central Asian energy exports to Western European markets. Over the past year, the competition over Caspian Basin energy has intensified, with the United States, European Union and China all seeking to break Russia’s current stranglehold over regional export routes. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/D9E2150C-3127-4C39-A974-EF5685591A60/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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