THE POLITICS OF CASPIAN REGION ENERGY RESOURCES: A CHALLENGE FOR TURKISH FOREIGN POLICY

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PERCEPTIONS: Journal of International Affairs
Volume:6 Issue:4
THE POLITICS OF CASPIAN REGION ENERGY RESOURCES: A CHALLENGE FOR TURKISH FOREIGN POLICY

THE POLITICS OF CASPIAN REGION ENERGY RESOURCES: A CHALLENGE FOR TURKISH FOREIGN POLICY

Authors : Şebnem UDUM

Pages : 0-0

View : 22 | Download : 16

Publication Date : 2001-12-01

Article Type : Research Paper

Abstract :Following the break-up of the Soviet Union in 1991, the Caspian region, with its rich hydrocarbon reserves, assumed great significance in the energy politics of the regional states and the global actors. Coupled with the landlocked nature of the Caspian region, the development of trans-national export pipelines to transport oil and gas from the Caspian caused competition both between companies over the contracts and between states over the final export routes. The high stakes led to the struggle being labeled the ‘New Great Game’, the main actors of which are the newly independent states of the Caucasus and Central Asia Azerbaijan, Georgia, Armenia, Kazakhstan and Turkmenistan , Russia, the United States, Iran, Turkey and some international oil firms
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