Caspian Basin Alert
Pipeline Politics
There are four main proposed pipeline routes from the Caspian Basin region--each with their unique geographical and political problems. This page focuses on the political aspects of this multifaceted problem. For most of human history, this region has been a highly contested area. This was true in ancient times and it is true in present times. With the industrialized world's increasing dependence on oil and the discovery of vast reserves in the Caspian Sea, political tension has only intensified.
http://www.uwec.edu/grossmzc/caspianpipes.htmlCaspian Basin & Central Asian Oil & Gas Report
Throughout the 1990s, the region of the Caspian Basin and Central Asia has been dubbed the "Second Persian Gulf," suggesting that the oil reserves and potential are of substantial amounts. While this hyperbole may not be true, it is the case that this region is still being explored with new finds occurring on a regular basis.
This report will assess the known and estimated oil and gas supply of the countries in the region and look at what sort of potential the Caspian and Central Asian states have. Equally important are the obstacles to getting the oil and gas to market: cross-border pipelines, political instability, and economic fragility in the region. This report will examine these aspects as well, especially the legal and political problems that potential that investors will face. The oil and gas export states of Azerbaijan, Kazakhstan, and Turkmenistan are viable markets for investors willing to maneuver through the maze of regulations they require. The transit states of Georgia and Uzbekistan have their share of issues. Lastly, the peripheral states of Armenia, Kyrgyzstan, and Tajikistan - although not oil and gas exporters themselves, play significant roles in regional economic and political matters and should thus be afforded some attention.
While the region in question may not have the same impact on the energy market that, say, the Persian Gulf has, there is no doubt that the Caspian Basin and Central Asia will play an important role in the future of that sector. And as new fields are still being discovered and explored, the potential for profit remains high.
http://www.marketresearch.com/product/display.asp?partnerid=885830502&productid=826902Azerbaijan
http://www.first-exchange.com/fsu/azer/index.htmlBaku, Azerbaijan -- Oil and water don't mix.
Framed in that old adage is a specter that haunts an immense oil strike in the Caspian basin of Cen tral Asia and the industries worldwide that it is expected to fuel in the next century.
The seas that separate the region's black gold from U.S., European and Asian markets are among the most unpredictable on Earth. Below their waves, warn environmentalists, a disaster is waiting to happen.
``The ecological crisis that faces us is monumental,'' said Gurban Aliyev, a Baku geologist who serves as a consultant to many western oil firms. ``Everyone knows that something has to be done about it. But it is not at all clear what that something should be.''
The nightmare scenario has two settings: Catastrophic oil spills on densely populated shores; and a mysterious rise in the Caspian Sea level that could eventually overwhelm oil facilities, with drastic consequences for Central Asian nations and the global economy.
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/1998/09/19/MN36239.DTLTable 4. Oil Export Routes and Options in the Caspian Sea Region
http://www.eia.doe.gov/emeu/cabs/caspgrph.html