4 Leaders Try to Offset Russia's Clout
BAKU, Azerbaijan (AP) – Leaders of four former Soviet republics discussed ways to counterbalance Russia's wide influence in the Caspian and Black Sea basins at a summit of their regional grouping.From Steve: On the other side of the Caspian, Kazakhstan and Turkmenistan still have no concrete link into the Baku-based oil-and-natural gas pipelines to the Mediterranean.
The summit is the first for the organization, called GUAM, the Organization for Democracy and Economic Development, since its four member countries – Georgia, Ukraine, Azerbaijan and Moldova – agreed last year to deepen ties and cooperation.
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Instead they recently agreed to build another natural gas pipeline through Russia. To the degree that they are seeking leverage against Russian influence of their energy markets, they are doing so by building up transportation with China, and organizing barge traffic to Baku.
But one wonders if this will be sufficient for their long-term economic independence.
Labels: Azerbaijan, Baku, Caspian, Ceyhan, Georgia, Kazakhstan, Moldova, oil pipelines, Putin, Russia, Russian oil, Ukraine


