American Oil Diplomacy in the Persian Gulf and the Caspian Sea

Download or read book American Oil Diplomacy in the Persian Gulf and the Caspian Sea written by Gawdat Bahgat and published by . This book was released on 2003 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his assessment of the underdeveloped Caspian Sea reservoir, Bahgat suggests that energy experts and policy makers have exaggerated the region's potential, citing logistical, economic and political obstacles that must be overcome before the region plays a major role in producing fossil fuels. These obstacles include domestic ethnic divisions, disputes over the legal status of the Caspian, disagreements over the most cost-effective transportation routes, and changes in the region in the aftermath of the war on terrorism.