Crucial Oil Infrastructure At Risk In New Caucasus Conflict

Nagorno-Karabakh’s close proximity to key Azeri oil and gas infrastructure means that there will be more at stake if the region’s conflict with Armenia escalates further and jeopardizes key export pipelines. A Rystad Energy analysis explains how potential disruptions could benefit Russian gas exports while weakening both Turkey’s cheap gas imports and its role as a vital oil transport hub. The Baku-Tbilisi-Ceyhan (BTC) oil pipeline and the South Caucasus Pipeline (SCP) gas conduit both run through Azerbaijan, with some sections…