Central Asia and Caucasus Energy
INDUSTRIAL COLL OF THE ARMED FORCES WASHINGTON DC
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THE CASPIAN SEA AND ITS NEIGHBORS -- Defining the Energy Context Five littoral energy-producing countries Russia, Azerbaijan, Iran, Turkmenistan, and Kazakhstan. Uzbekistan secondary, doubly-landlocked energy producer. Georgia key transit country, now and perhaps in future, if Nabucco project moves forward. Tensions exist...but markets trump militarism Energy issues unlikely to lead to conflict between states Oil is a world market, natural gas fast becoming one, market forces rule Weak price environment to 2012 and perhaps beyond.
- Electric Power Production and Distribution