Abstract
The Caspian Basin region, (see map 3.1), the name by which the Central Asian and the south Caucasus states are now coming commonly to be known, has served as a ‘hot spot’ for international oil industry discussion and exploration activities since 1991–92, when the states of the region became independent members of the international community. Oil industry interest in the area dates from somewhat before that time, from the mid-1980s when Soviet leader Mikhail Gorbachev first seriously raised the prospect of foreign investment to develop the vast unexploited Soviet oil reserves. Since large reserves lay outside of Russia, the collapse of the USSR made oil and gas rich states like Kazakhstan, Turkmenistan and Azerbaijan, of immediate interest.
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Notes
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© 2000 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Jaffe, A.M., Olcott, M.B. (2000). The Geopolitics of Caspian Energy. In: Kalyuzhnova, Y., Lynch, D. (eds) The Euro-Asian World. Euro-Asian Studies. Palgrave Macmillan, London. https://doi.org/10.1057/9780333981504_4
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DOI: https://doi.org/10.1057/9780333981504_4
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