Word: caspian
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...China and Russia also still disagree on how to finance those unbuilt pipelines, which are likely to cost billions of dollars. (As a measure of how expensive these projects are, the BTC oil pipeline linking Azerbaijan's capital, Baku, through Tbilisi, Georgia, to Turkey's Caspian port of Ceyhan cost $4 billion to build in the early 2000s.) "Gazprom has been looking to get into the Chinese market for a considerable time, but the problem has always been over agreeing on the price," says Julian Lee, a senior energy analyst for the Center for Global Energy Studies in London. "There...
...said to have altered the whole arc of not only the horrific conflict in nearby Chechnya but also the presidency of Vladimir Putin. Beslan was supposed to have given Moscow resolve. North Ossetia - indeed, the whole of the North Caucasus, between the Black Sea to the west and the Caspian Sea to the east - was supposed to be tranquil, harmonious, subdued. But that's not what has happened...
...scholar named Mahmud Kashgari - from, as his name suggests, the Silk Road outpost of Kashgar - presented a landmark text to the Caliph of Baghdad. It was the first ever compendium of the Turkish language, the babble of tongues spoken by nomadic tribes who roamed between the shores of the Caspian Sea and the wastes of Siberia. Despite the scope of his work, Kashgari was proudest of his hometown, boasting that the Turkic dialect there was the "purest" and "most elegant" of them...
...seven years. The development of the pipeline, which will run initially from the Turkish capital to Baumgarten in Austria, has been beset by political bickering. But if completed as planned by 2015, the line could bring up to 31 billion cu m of gas a year from the Caspian Sea and the Middle East across Turkey and into Europe. (See pictures of Obama in Europe...
...Turkmenistan, with the world's fourth largest reserves of natural gas, would be an ideal source for Nabucco, but it would need a pipeline under the Caspian Sea, where there is as yet no seabed agreement. At the signing ceremony on Monday, Turkish Prime Minister Recep Tayyip Erdogan also talked of supplies from Iraq and Iran, but political tensions and security concerns make them distant prospects. Even security in Turkey is an issue: last year Kurdish separatists attacked the Baku-Tblisi-Ceyhan oil pipeline, halting supplies for 19 days. (Read: "New Turkish Law Curbs Military's Power...