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Author:Engerer, H.
Hirschhausen, C., von
Title:The energy sector in the Caspian sea region: disappointed hopes - uncertain prospects
Journal:Economic Bulletin
1998 : SEP, VOL. 35:9, p. 21-32
Index terms:ENERGY
ECONOMICS
UNCERTAINTY
Language:eng
Abstract:Following the collapse of the Soviet Union, not only Russia, but also the newly sovereign states of Azerbaijan, Turkmenistan and Kazakhstan placed great hopes in opening up and exporting the reserves of oil and natural gas located in the Kaspian Sea region. International petroleum companies spoke of the great potential in the region and announced large-scale investment projects. At times the Kaspian Sea was described as the "Gulf of the 21st century".
SCIMA record nr: 180346
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