Natural gas resources and their geopolitical competition in the Caspian Basin
Abstract
This paper examines the geopolitical competition for control of gas assets in the Caspian Basin and the different transportation routes between the world powers: China, the United States, the European Union, and Russia. It also assesses the risks to gas pipeline projects from uncertainty in the Caspian countries. As a major actor in the region, Russia's policy is also examined, emphasizing its gas assets and pipeline transportation systems. Russia uses natural gas for commercial reasons as well as for political matters to regain its international position. The study also assessed the impact of conflicts on the Caspian States' interests and their choice of gas transportation paths to Europe.
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