President, Coburn International Energy Co
Member of the Law Council
Leonard L. Coburn is the President of Coburn International Energy in Washington, DC, where he focuses on international energy issues with a concentration on Russia, Former Soviet Union (FSU) and Middle East. He specializes on oil, gas, political risk, and geopolitics. Previously, Mr. Coburn was a Director of the Office of Russian and Eurasian Affairs at the U.S. Department of Energy (DoE). He managed the US-Russia Energy dialogue, and was responsible for managing government energy relations for countries ranging from Russia, Kazakhstan, other CIS countries, and Turkey. Mr. Coburn was also Vice-Chair of the Standing Committee on Oil Markets. Prior to that, he was Director of the Office of Russia, Newly Independent States and Middle East at the DoE, where he managed international oil market issues including responsibility for oil market emergency response mechanisms. Before that, Mr. Coburn was Director of the Office of Oil Policy at DoE, where he was responsible for formation of oil policy issues working directly with secretarial officers resulting in efforts such as the Domestic Natural Gas and Oil Initiative Energy. He spent 15 years before that with the DoE as Director in the Office of Competition, where he advocated before Congress, state legislatures, federal and state commissions on energy issues, including oil pipelines, gasoline marketing, competition in oil, gas, electricity and coal markets. (This is me - Update Profile)
Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
Russia's Financial Turmoil Forces New Oil Tax Changes
September 23, 2008
Additional Oil Tax Cuts by 2010 | themoscowtimes.com
Russia's primary revenue sources are taxes on oil and gas. Russia's oil taxes have been falling as oil prices fall and Russian oil production stagnates. Additional oil tax changes wil occur to spur new oil productiion and increase revenues.
March 21, 2007
New Pipeline Will Bypass the Bosporus but Involve Russia | www.nytimes.com
1. A Bosporus pipeline bypass would alleviate the congestion in the crowded straits, provide access to a deepwater port, and potentially allow more crude oil shipments from Russia and Central Asia.
2. Similar proposals for a direct bypass have been discussed for more than a decade and none has come to fruition, with the exception of the BTC pipeline (Baku-Tbilisi-Ceyhan pipeline) transporting crude oil from the Caspian Sea directly to the Mediterranean Turkish port of Ceyhan.
3. The big question whether the economics and politics are sufficient for the latest proposal and whether the pipeline actually will built.
February 16, 2007
Report: Russia, Iran in talks on gas cartel | money.cnn.com
- Gas is an increasingly important commodity in world energy markets and a price-fixing cartel would raise alarm bells around the globe
- Russia, Iran and Qatar are the three largest gas reserve owners. President Putin recently visited Qatar to expand energy cooperation. Russia is close to Iran since it is their supplier for commercial nuclear technology and weapons. Energy cooperation is high on the Russia-Iran agenda.
- Despite these contacts, it is unlikely that a gas cartel will emerge due to the significant differences between oil and gas trade.
The Russian Energy Conversation: Implications at the G-8
July 13, 2006
Russian Energy Policy Doesn't Match Its G-8 Talk | online.wsj.com
The article reviews:
-- G-8 Summit
-- Russia Energy Policy
--- European and U.S. Reactions and Policy Implications
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