Caspian Energy Politics

Caspian Energy Politics
Author: Indra Overland
Publisher: Routledge
Total Pages: 258
Release: 2010-01-21
Genre: Political Science
ISBN: 1135224714

Caspian Energy Politics analyses the role of oil and gas in the development of the three main petroleum exporters in the Caspian region - Azerbaijan, Kazakhstan and Turkmenistan - and how energy resources influence interactions with semi-authoritarian Russia and China. Due to volatile commodity prices and competition for the resources in and around the Caspian Sea, the governments of these petroleum-exporters face a series of difficult decisions. These governments have sought to balance short-term incentives to spend oil revenues as a means to maintain power against the need for a long-term strategy for managing these assets, choices which have further implications for how these countries align themselves internationally. By illuminating important linkages between domestic and international dynamics in these states, the book provides a fresh perspective on energy politics and the impact of petroleum on the development of the Caspian petroleum producers. Expert contributors from Central Asia and the South Caucasus and international scholars provide context-specific insights into the incentives affecting decision-makers that can provide a foundation for strategies to help the countries in the region overcome the negative effects of reliance on oil and gas. As such, the book will be a valuable tool for business actors seeking to understand the role of Chinese and Russian companies in the region, as well as local and international policymakers and non-governmental organisations.

The Economics and Politics of Oil in the Caspian Basin

The Economics and Politics of Oil in the Caspian Basin
Author: Boris Najman
Publisher: Routledge
Total Pages: 340
Release: 2007-09-12
Genre: Business & Economics
ISBN: 1134079133

The Caspian Basin region has boomed since the late 1990s due to new oil discoveries, new pipelines that have diversified countries' transport options and world oil prices that have risen from below $10 in 1998 to $70 in 2006. This book analyzes the experience of the Caspian countries during the oil boom. It is founded on empirical studies, using either macroeconomic tools or an analysis of public budgets, or microeconometric analysis of household survey data or fieldwork in oil-producing regions. Moving from aggregated to disaggregated analysis and, in-keeping with its emphasis on rigorous empirical analysis to the greatest extent possible, several chapters are written by specialists on the Caspian region. Whilst there is an emphasis on the economic consequences of the oil boom, the interdisciplinary aspects of the phenomenon are also recognized. Overall, the analysis is firmly rooted in the region, yet the empirical studies also provide a basis for drawing broader lessons about the effects of an oil boom.

The Politics of the Caspian Oil

The Politics of the Caspian Oil
Author: B. Gokay
Publisher: Springer
Total Pages: 243
Release: 2001-01-19
Genre: Political Science
ISBN: 0333977637

The Caspian-Caucasus region has received considerable attention over the past eight years. The old potential of this colossal territory is so significant that the analytical centres of the world's largest oil and refining companies consider it to be more long-term than the unstable Persian Gulf. The Politics of Caspian Oil is a collection of essays presenting the results of recent research, which should serve as a reference book for the politics of Caspian oil.

The Security of the Caspian Sea Region

The Security of the Caspian Sea Region
Author: Gennadiĭ Illarionovich Chufrin
Publisher: Stockholm International Peace Research Institute
Total Pages: 400
Release: 2001
Genre: History
ISBN: 9780199250202

Published in association with the Stockholm International Peace Research Institute.

The Caspian

The Caspian
Author: Shirin Akiner
Publisher: Routledge
Total Pages: 400
Release: 2004-07-05
Genre: Business & Economics
ISBN: 1135798516

Reflecting the particular concerns of each of the Caspian countries, this book offers a unique perspective on the prospects and priorities for long-term development round the Caspian basin.

The Oil and the Glory

The Oil and the Glory
Author: Steve LeVine
Publisher: Random House
Total Pages: 514
Release: 2007-10-23
Genre: History
ISBN: 1588366464

Remote, forbidding, and volatile, the Caspian Sea long tantalized the world with its vast oil reserves. But outsiders, blocked by the closed Soviet system, couldn’t get to it. Then the Soviet Union collapsed, and a wholesale rush into the region erupted. Along with oilmen, representatives of the world’s leading nations flocked to the Caspian for a share of the thirty billion barrels of proven oil reserves at stake, and a tense geopolitical struggle began. The main players were Moscow and Washington–the former seeking to retain control of its satellite states, and the latter intent on dislodging Russia to the benefit of the West. The Oil and the Glory is the gripping account of this latest phase in the epochal struggle for control of the earth’s “black gold.” Steve LeVine, who was based in the region for The Wall Street Journal, The New York Times, and Newsweek, weaves an astonishing tale of high-stakes political gamesmanship, greed, and scandal, set in one of the most opaque corners of the world. In LeVine’s telling, the world’s energy giants jockey for position in the rich Kazakh and Azeri oilfields, while superpowers seek to gain a strategic foothold in the region and to keep each other in check. At the heart of the story is the contest to build and operate energy pipelines out of the landlocked region, the key to controlling the Caspian and its oil. The oil pipeline that resulted, the longest in the world, is among Washington’s greatest foreign policy triumphs in at least a decade and a half. Along the way, LeVine introduces such players as James Giffen, an American moneyman who was also the political “fixer” for oil companies eager to do business on the Caspian and the broker for Kazakhstan’s president and ministers; John Deuss, the flamboyant Dutch oil trader who won big but lost even bigger; Heydar Aliyev, the oft-misunderstood Azeri president who transcended his past as a Soviet Politburo member and masterminded a scheme to loosen Russian control over its former colonies in the Caspian region; and all manner of rogues, adventurers, and others drawn by the irresistible pull of untold riches and the possible “final frontier” of the fossil-fuel era. The broader story is of the geopolitical questions of the Caspian oil bonanza, such as whether Russia can be a trusted ally and trading partner with the West, and what Washington’s entry into this important but chaotic region will mean for its long-term stability. In an intense and suspenseful narrative, The Oil and the Glory is the definitive chronicle of events that are understood by few, but whose political and economic impact will be both profound and lasting.

Oil and Geopolitics in the Caspian Sea Region

Oil and Geopolitics in the Caspian Sea Region
Author: Bülent Aras
Publisher: Bloomsbury Publishing USA
Total Pages: 326
Release: 1999-12-30
Genre: Political Science
ISBN: 1573568287

The opening of the Caspian Sea basin to Western investment following the breakup of the Soviet Union produced a major contest for access to the region's vast energy reserves on the part of powers as close as Russia, Turkey, and Iran, and as far away as Japan and the United States. Indeed, the struggle to exploit Caspian oil has been one of the most monumental geopolitical developments of the post-Cold War era as external powers vie for political, economic, and military influence in a region brimming not only with oil, but also with ethnic conflicts and historical animosities. The coming decade of rapidly increasing demand for energy will ensure the continued interest and engagement of external powers with often competing geopolitical agendas. Thus the geopolitical developments spawned by the opening of the Caspian Sea are likely to continue to far outweigh the actual impact of Caspian oil on world energy markets. This collection of essays by prominent scholars and international experts offers several important and often conflicting interpretations of the events unfolding along the shores of the world's oldest oil-producing region.

Oil and Gas in the Caucasus & Caspian

Oil and Gas in the Caucasus & Caspian
Author: Charles van der Leeuw
Publisher: Palgrave Macmillan
Total Pages: 224
Release: 2000-09-02
Genre: Political Science
ISBN: 9780312232542

The impact of oil and oil-related interests on economic, social and political conditions and development for the next century holds implications that reach from the Caspian heartland to the world's most distant shores. This book is the first attempt to present an exhaustive overview of the origins and development of the Caucaso-Caspian oil and gas industry. The commercial role of oil in the light of world market developments is related to its political value in the eyes of local Azerbaijani, Turkmen, Kazakh powerbrokers as well as their Russian, Turkish, European and American counterparts.

Oil and Gas of the Greater Caspian Area

Oil and Gas of the Greater Caspian Area
Author: Pinar O. Yilmaz
Publisher: AAPG
Total Pages: 162
Release: 2007-04-01
Genre: Science
ISBN: 0891810625

This publication contains 12 extended abstracts and 6 full-length papers that discuss technology development, challenges in estimating proven and potential reserves, outcrop-based studies of potential reservoirs, regional tectonics and geodynamic evolution, and source rock and stratigraphic analyses of the greater Caspian area, which, throughout time, has maintained its position as one of the major petroleum provinces in the world.

US Energy Diplomacy in the Caspian Sea Basin

US Energy Diplomacy in the Caspian Sea Basin
Author: Omid Shokri Kalehsar
Publisher: Springer Nature
Total Pages: 280
Release: 2021-04-20
Genre: Political Science
ISBN: 3030669297

This book provides the first comprehensive analysis of US policy from the perspective of an analyst and scholar from the region. This volume discusses the US energy diplomacy in the Caspian Sea region since 2001. It compares the foreign policy of the Bush, Obama, and Trump administrations, following the changing role of energy in the behavior of the US toward states in the energy hubs of Central Asia and the Caspian Sea. The chapters employ historical analysis, regional analysis, interviews, and case studies to trace the evolution of US interests in the area and posits likely trends for future policy. Topics discussed include: China’s massive Belt and Road Initiative the energy and foreign policies of the Caspian littoral states in comparison with those of China, India, the European Union, and Turkey the escalation of differences among key OPEC members during the Trump era the impact of the oil price war on the US shale industry the spread of COVID-19 and its impact on the oil market Russian and U.S. competition in the EU energy market the US-China trade war and the role of energy in the first phase of the US-China trade deal the energy policy of the incoming US President, Joe Biden Shedding light on the complex geopolitics of the US-Caspian Sea Energy diplomacy, this volume will be of interest to researchers of foreign policy, diplomacy, international relations, and energy policy as well as policymakers and analysts working in related areas.