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The Politics of Caspian Oil

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At the end of the Cold War, Eurasia emerged as the world's axial supercontinent. The lure of enormous reserves in the Caspian Sea region has made the region the focus of fierce competition between multinationals and the powerful states. This book is about this important geo-economic struggle and provides an essential background to understand the recent conflict in the region, from Afghanistan to Iraq. This is the context in which one should be talking about emerging forms of political and economic control, military control and a forceful push for the US-led globalisation. This book is an essential reading on this increasingly important topic.

This book investigates the politics, global political-economy stakes in the Caspian Sea region. The book is a collection of articles to inform the reader about the significance of this trans-national resource which has the potential to change the economic, political and social ventures in central Eurasia. The book tracks the roots and development of the recent global interest in the Caspian Sea oil and pipelines. At the beginning of the new millennium Caspian energy resources have assumed increased geopolitical importance. Once fully exported to world markets, flows of large volumes of Caspian oil through non-OPEC lands may erode the power of OPEC, and therefore politically and militarily supported by the only super power of this century- the USA. This is an excellent survey of the geo-politics of the Caspian oil, painstakingly researched, tightly structured, and elegantly presented.