"Stratfor Eurasia Analyst Eugene Chausovsky examines the Caspian Sea's large energy reserves and its conflicting maritime boundaries."
Via Dean Haakenson
Get Started for FREE
Sign up with Facebook Sign up with X
I don't have a Facebook or a X account
Your new post is loading...
Your new post is loading...
Kelsey McIntosh's curator insight,
March 31, 2018 2:37 PM
This video discusses the Caspian Sea and it’s importance to the countries that surround it. The body of water is significant because of it energy resources that are underneath and surrounding it. However many of these reserves remain untouched because of conflict with the surrounding countries even though discussions about how to disperse the land have been discussed for 20+ years
Stevie-Rae Wood's curator insight,
October 28, 2018 10:18 PM
The Caspian Sea in landlocked with Russia, Kazakhstan, Turkmenistan, Azerbaijan, and Iran. The Seas strategic importance lies with its large energy resources because it contains large volumes of oil and natural gas reserves. It is estimated that the Caspian contains 48 billions barrels of oil. Many of the oil reserves have not been tapped because there are disputes among the five countries surrounding the sea. They do not know where to mark the maritime borders and how to split up the energy resources. Negotiations to establish maritime borders have been under way for nearly two decades. They have not agreed on any proposals that accommodate all five states. I believe that there has not been an agreement because all five states probably want the most they can get and ae reluctant to give up anything less than what they believe they deserve.
Kelvis Hernandez's curator insight,
November 1, 2018 7:53 PM
The Caspian Sea is a landlocked body of water that is surrounded by five different countries: Azerbaijan, Iran, Kazakhstan, Russia, and Turkmenistan. Its importance can be linked to its natural resources. With an abundance of oil and possibly natural gas all countries have had disputes over their respective maritime borders. These disputes occur as many of the oil reserves are untapped and thus a great source of economic potential. No proposals have been accepted by all five states and with other interests such as Europe looking to trade it will likely take a while to be settled.
Sign up to comment
|