Power and energy : geopolitical aspects of the transnational natural gas pipelines from the Caspian Sea basin to Europe

Abstract

This study examines the geopolitical rivalry over control of the Caspian Sea basin natural gas resources and the transportation routes among four world powers--Russia, the European Union, the United States, and China. The author assesses the risks posed by instability in the Caspian Sea states to the realization of proposed natural gas pipeline projects in the region. Russia's role and strategy as a key player in the Caspian Sea region is analyzed, with a focus on its natural gas reserves and pipeline transportation system, which it is using not only for economic reasons but for political purpose to regain its lost status on the international scene. The study also evaluates the impact of individual states' conflicts of interest on the choice of natural gas transportation routes to Europe.