Armour Comms launches first secure Voice over IP... » London: Armour Communications has announced its integration with Skype for Business. Armour Mobile i... Anam Technologies selected by Deutsche Telekom a... » DUBLIN, BONN:  Anam Technologies has gone into partnership with Deutsche Telekom International Carri... 6.7 percent of programmes on private UK PCs are en... » Maidenhead, U.K: The average private user in the UK has 72 programmes installed on their PC, and 6.7... Multitone’s EkoSecure Personal Alert System chos... » Multitone Electronics plc has announced that its German-based team, Multiton Elektronik GmbH, has su... IoT 2020: Smart and secure IoT platform » Geneva, Switzerland: The Internet of Things (IoT) significantly impacts the global economy and is ex... Letterbox company to keep properties safe with inn... » A specialist mailbox manufacturer has made a pledge to enhance the security of UK properties through... MDS expands portfolio of cost analytics solution... » Warrington, UK: MDS has announced the launch of a suite of cost efficiency analytic solutions design... Post-Truth, Post-West, Post-Order? » Munich Security Report 2017 With Foreword By Ambassador Wolfgang Ischinger, Chairman of the Munich ... NuData Security comments on fraud costing the UK £... » Crowe Clark Whitehill has just released its Financial Cost of Fraud report  which states that fraud ... Edesix selected as body worn camera provider for U... » Edinburgh-based Edesix Ltd. has been selected as the Body Worn Camera provider of choice for Her Maj...


Advertise with Vigilance

Subscribe to Vigilance Weekly

Map of the Republic of Azerbaijan

President Ilham Aliyev

President Ilham Aliyev of the Republic of Azerbaijan...May not be competing with Russia, but can his country deliver EU from the Russian Monopoly?

Natiq Aliyev

Natig Aliyev, Azerbaijan's Energy Minister...A strategist in Government.

For years, Europe has been experiencing energy crises due to Russia's inconsiderate demand to own and control pipelines in the EU territory, which was counteracted with the Union's Third Energy Package. Lawsuits were filed with the World Trade Organization which further fuelled the deteriorating oil and gas security in Europe. Taxpayers' monies have been put into new interconnectors as a contingency plan in case, Russia ever cuts off their supplies, which is quite possible given the history between the two regions.


Another reason why Europe is exploring new options is because of their reliance on a Russian pipeline that passes through Ukraine. In the past nine years, gas deliveries have been interrupted thrice due to political disputes between Kiev and Moscow.


Any delays in deliveries can potentially cause major problems in the Union as they import almost 90 percent of their oil, 60 percent of their gas, and 42 percent of their coal from Russia. To reduce their dependency on a somewhat unreliable source, they've turned their attention to the Middle East, where oil and gas are more abundant compared to the rest world.

Despite the oil crisis that started a year ago, a number of international oil and engineering companies still managed to expand operations in a time of volatility and turbulence, one of them being UnaOil which opened an equipment service facility in Iraq so that they could increase efficiency in oil drilling and refining. With the region being able to sustain production during a vulnerable time for commodities, Europe is now sourcing a portion of their energy from Azerbaijan, offering them new opportunities for production. Azerbaijan Energy Minister Natig Aliyev shares that his country is becoming a key energy player in the world as he explains that their Trans-Anatolian Pipeline can transport fuel from Iran and other nations in the region and bring it all the way to Europe.

What all this means is that Europe could be importing gas from nations such as Iran, Iraq, Turkmenistan, Israel, and Cyprus. The EU needs to forge more connections to the oil rich fields of the Middle East, and Azerbaijan is the key to them diversifying their energy imports.