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GGN Weekly Geopolitical Summary

GGN WEEKLY GEOPOLITICAL SUMMARY(NOVEMBER 23-27)

MAIN EVENTS: 

(November 23-27)


EURASIA

Eurasia_(orthographic_projection).svg

  • US slap sanctions on Russian companies and Chinese entities, due to the alleged violation of US non-proliferation legislation in respect of Iran, North Korea and Syria.
  • Russia’s defense ministry claimed that one of its warships had caught a U.S. Navy destroyer operating in Russia’s Pacific territorial waters.
  • Russian Gazprom Neft lays out plans for Arctic block with huge oil and gas potential.
  • Russia and Belarus discussed prospects of interaction in the fuel and energy sector.

ASIA PACIFIC

Sino-Federation

  • The Indonesian Navy announced they will move the headquarters of its combat squad to Natuna islands, located on a crucial passage for commercial shipping, bordering waters believed to have rich reserves of undiscovered oil and gas.
  • Taiwan and the US are moving ahead with a plan to finance infrastructure and energy projects in Asia to counter China’s global BRI
  • China visited South Korea to push forward linking of the Belt and Road Initiative.
  • China’s Foreign Minister Wang Yi flew to Japan for talks amid regional tensions.

MIDDLE EAST

Middle_East_(orthographic_projection)

  • Netanyahu visited Saudi Arabia to meet with Bin Salman, showing Riyadh has entered the normalization game.
  • A senior Iranian expert specialized in nuclear technology was assassinated in a terrorist attack in Tehran. Israel is suspected of the assassination.
  • The Iraqi Minister of Foreign Affairs warned that Daesh has intensified its activities in Iraq in recent months.
  • BP announced it will invest more money in Middle Eastern oil and natural-gas fields.
  • Russian Gazprom Neft said the Middle East remains in the zone of strategic interests of the company.
  • Houthis fired a missile at the oil distribution plant of Saudi Aramco in Jeddah.

EUROPE

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  • Greece has rejected new calls by Turkey to start exploratory talks to settle their maritime differences regarding the eastern Mediterranean.
  • MEPs have adopted an amendment calling on the European Council to impose sanctions on Turkey, after they unanimously voted to condemn its recent behavior in Cyprus and the surrounding territorial waters.
  • Russian Foreign Minister Sergei Lavrov has accused the United States and several European countries of “gross interference” in the domestic affairs of Belarus.

AFRICA

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  • The EU warned fighting between Ethiopia’s military and regional forces from the northern Tigray region is seriously destabilizing the East African and Horn region.

SOUTH AMERICA

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  • China ratified its cooperation with Venezuela although the United States threatened to sanction countries that do business with the South American country.

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Asia Pacific

ASIA PACIFIC

  • CHINA/USA: Chinese state oil giant CNOOC faces possible new US sanctions, threatening to cripple its international operations.

SOURCE: SOUTH CHINA MORNING POST

 

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Asia Pacific

ASIA PACIFIC

  • CHINA/MALAYSIA: China and Malaysia, usually friends, land in another maritime standoff, and each side is showing increased resolve to stand tall against the other.  Malaysia, Brunei, the Philippines, Taiwan and Vietnam contest some or all of China’s claims to the 3.5 million-square-kilometer sea that’s rich in fisheries as well as energy.

SOURCE: VOA NEWS

 

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South America

SOUTH AMERICA

  • VENEZUELA-CHINA: China ratified to continue its cooperation with Venezuela although the United States threatened to sanction countries and companies that do business with the South American country in the oil sector. The state-owned oil company Petroleos de Venezuela resumed crude oil shipments to China, after a halt started in August 2019 due to US sanctions.

SOURCE: PLENGLISH

 

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Eurasia

EURASIA

  • RUSSIA-BELARUS: Russia and Belarus discussed prospects of interaction in the fuel and energy sector in 2021. They started working out the redirection of petroleum products deliveries from Lithuanian to Russian ports.

SOURCE: TASS

 

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Europe

EUROPE

  • NORD STREAM 2: Norwegian-German certification firm DNV GL will no longer provide services to the Nord Stream 2 pipeline project following the US State Department’s sanctions.

SOURCE: SPUTNIK

 

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Middle East

MIDDLE EAST

  • MIDDLE EAST: BP said it will invest more money in Middle Eastern oil and natural-gas fields. The company is a major producer in countries such as Iraq, the United Arab Emirates and Oman. In Abu Dhabi, BP is working with government-owned producer Adnoc to boost the capacity of onshore oil fields. It also aims to extract gas from the emirate’s Bad field.

SOURCE: RIGZONE

 

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Eurasia

EURASIA

  • RUSSIA: Russian Gazprom Neft lays out seismic plans for Arctic block with huge oil and gas potential. Together with other Russian oil producers, prepares to increase exploration in the zone.

SOURCE: UPSTREAM

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Middle East

MIDDLE EAST

  • MIDDLE EAST: The Middle East remains in the zone of strategic interests of Russian Gazprom Neft, who announced is still interested in development on the market of the Iraqi Kurdistan.

SOURCE: TASS

 

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Eurasia

EURASIA

  • CHINA: China approves four coal mine projects in western Xinjiang region to ensure energy supply.

SOURCE: REUTERS

 

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