The arrival of a British oil rig in the territorial waters off the Falkland Islands has again ignited rancor between the UK and Argentinean governments. The islands, which lie 400 miles off Argentina’s southern coast, are believed to hold untapped reserves of oil, but how much oil no one knows. Argentina has appealed to the Secretary General of the United Nations and to US Secretary of State Hilary Clinton to intervene in the dispute in an effort to drive forward a solution before it devolves further.
An ancient silk road-route linking Central Asia to India may be the home of a new and dramatic pipeline that would deliver Turkmen gas across the rugged and troubled Afghan interior to India. Scheduled to begin construction in 2010, the TAPI pipeline could generate significant transit revenue to the Afghan government for domestic development needs. Yet any project of this magnitude, nearly 1,000 miles in length, is bound to face multiple challenges to its security and construction. The TAPI is rich in this regard.
Adopting a governance-based approach towards building stability, reliability and transparency in international energy markets is building momentum. Contributors Andreas Goldthau and Jan Martin Witte focus on how markets and institutions that govern these markets can be structured to provide a ‘win-win’ situation for both energy producers and consumers. Global energy governance they argue, goes beyond a ‘zero-sum’ approach in assessing who is winning and losing in energy and provides a multi-dimensional approach for the assessment of how the divergent needs of individual players can contribute to greater cooperation.
Competing interest groups in the United Kingdom give a first impression of a nation tied and quartered by incongruent interests. Yet within the past eight months, the British government has released its National Security Strategy of the United Kingdom, and the UK Task Force on Peak Oil and Energy Security and the London-based Economic Policy Centre have issued reports which fundamentally address UK energy security with passion and conviction. Clearly, these groups and many others want what's best for the country. David Cole of the Atlantic Council of the United Kingdom explores how to bring UK energy security stakeholders together and on what issues they may agree.