Perspectives on Caspian Oil and Gas Development
The Caspian region is one of the oldest hydrocarbon producing areas in the world, and is emerging once again as a major source of growth in global oil and gas supply. In the IEA‘s medium-term projection for global oil supply to 2013, the Caspian is projected to increase its oil production by over 800 kb/d by 2013, representing some 70% of the net increase in non-OPEC oil supply growth during this period.
Likewise, for natural gas, the region has the potential to make a significant contribution to the global gas balance, with Azerbaijan and Kazakhstan joining established producers Turkmenistan and Uzbekistan as net gas exporters.
This study contains seven papers discussing topics related to the question of future oil and gas movements from the Caspian:
- Overview of Caspian Oil and Gas Production and Export
- Russian Energy Strategy in the Caspian Region
- China and Caspian Gas
- Iranian Gas: A Reliable Medium-Term Supply Source for Europe?
- India‘s Energy Demand and its Prospects to Access Central Asian Energy Resources
- Open Questions for Caspian Natural Gas Supply to Europe
- Energy Security Implications of the Georgia-Russia Conflict
- Oil and Gas Transportation Projects
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