Energy in the Caspian Region Present and Future

The energy reserves of the Caspian Region have been hailed as the new 'Middle East'. This book offers a thorough assessment of its energy resources and the nature of the international politics that surround them. This volume presents a unique study of the various dimensions of Caspian energy, ranging from the geopolitical to the economic, technical, religious and political.

Foreword; J.A. Baker III Preface List of Abbreviations Notes on the Contributors Introduction; A.M.Jaffe & E.Djerejian PART I: BREAKING NEW GROUND: CASPAIN REGION IN THE TWENTY-FIRST CENTURY Geology and Petroleum Potential; A.Belopolsky & M.Talwani Confronting Independence: Political Overview; M.B.Olcott Economies and Energy; Y.Kalyuzhnova Islam and Energy Security; M.Haghayeghi & F.R. von der Mehden PART II: REACHING A WORLD MARKET: PIPELINES, TRANSIT ROUTES AND PROCESSING PLANTS The Economics of Pipeline Routes: The Conundrum of Oil Exports from the Caspian Basin; R.Soligo & A.M.Jaffe Integration in the World Infrastructure: Oil and Gas Processing Industries in the Caspian Region; A.Kalyuzhnova, J.Lee & J.Nanay Convergent Economies: Implications for World Energy Use; R.C.Sickles & P.T.Hultberg PART III: NATIONAL INTERESTS IN THE CASPAIN BASIN Russia's National Interests in the Caspian Region; M.Margelov U.S. National Interests: Getting Beyond the Hype; J.Barnes Turkish National Interests; G.Winrow Conclusion; D.Lynch Index

JAMES A. BAKER III Honorary Chairman, James A. Baker III Institute for Public Policy, Rice University JOE BARNES Research Fellow, Baker Institute for Public Policy, Rice University ANDREI BELOPOLSKY Geophysicist, BP America Inc, Deep Water Gulf EDWARD P. DJEREJIAN Founding Director, James A. Baker III Institute for Public Policy, Rice University MEHRDAD HAGHAYEGHI Associate Professor of Political Science, Southwest Missouri State University PATRIK T. HULTBERG Assistant Professor, Department of Economics and Finance, University of Wyoming ANDREI KALYUZHNOVA Medical Engineer and Consultant, London UK JULIAN LEE Senior Energy Analyst, London-based Centre for Global Energy Studies (CGES) MIKHAIL MARGELOV Member from Pskov of the Council of Federation, Federal Assembly of the Russian Federation FRED R. VON DER MEHDEN Albert Thomas Professor of Political Science Emeritus, Rice University JULIA NANAY Director, Petroleum Finance Company, Washington DC MARTHA BRILL OLCOTT Senior Associate, Carnegie Endowment for International Peace, Washington, DC RONALD SOLIGO Professor of Economics, Rice University MANIK TALWANI Schlumberger Professor of Geophysics, Rice University GARETH WINROW Professor, Department of International Relations, Istanbul Bilgi University