Pipelineistan's Biggest Game Begins
13 October 2005 | 12:34 | Asia Times
By Pepe Escobar
BTC would be impossible without the usual, strategically positioned US-supported dictator - in this case old, ruthless Caucasus hand Heydar Aliyev, who died in December 2003. A dynastic dictatorship is even better, since his son Ilham became the successor in fraudulent elections in October 2003. It also helped that Ilham, a former playboy, happened to be the head of the state oil company, SOCAR. Azerbaijan was never about "liberty and democracy" or color-coded revolutions in the style of Georgia, Ukraine and Kyrgyzstan.
In Georgia the obstacles were more complex than in Azerbaijan. Thus the "Rose Revolution" of late 2003, getting rid of Edward Shevardnadze to the benefit of young, photogenic, American-educated and American-aligned Mikhail Saakashvili. The small matter of defending BTC from attacks of alleged al-Qaeda-related Chechens holed up in the Georgian mountains remains. But at least protection at the end of BTC in Ceyhan in Turkey is guaranteed: it's not a coincidence that the pipeline ends right next door to the massive American airbase at Incirlik.
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BTC makes little sense in economic terms. Oil experts know that the most cost-effective routes from the Caspian would be south through Iran or north through Russia. But BTC is a designer masterpiece of power politics - from the point of view of Washington and its corporate allies. US Vice President Dick Cheney, already in his previous incarnation as Halliburton chief, has always been a huge cheerleader for the "strategically significant" BTC. The verdict is open on whether this massive investment will be worth it. Instead of the dreams of a new Kuwait, the Caspian may hold only 32 billion barrels of oil - not much more than the reserves of Qatar, a small Gulf producer. The Caspian in fact may hold less than 10% of the total, known Middle East reserves.
Anyway, what really matters is positioning in the New Great Game. The Caucasus, the Caspian and Central Asia are up for grabs. European customers for Azeri (and Kazakh) oil and gas might rely on BTC for some of their supply. But the Russian counterpunch will come: President Vladimir Putin will not cease to seduce the European Union with loads of Russian, Caspian oil - plus strong protection - in return for loads of European Union investment. Ladies and gentlemen, place your bets.
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