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.
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