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42 comments on A primer on Caspian Oil

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Jerome a Paris on November 19, 2006 - 5:57am Permalink | Subthread | Comments top
Note: another good map of all the fields and pipelines around the Caspian Sea can be found here (one page pdf) via the US EIA.
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Oil Watcher Named Ed on November 22, 2006 - 10:54am Permalink | Subthread | Parent | Comments top
I hope the oil majors have a parallel strategy to ensure future political stability of these countries. The best way would be to ensure and conjole the governments into using the oil revenues wisely to build a civil society--and democratic, if that is necessary to have a civil socity.

They can't be wholely concentrated on their oil only -- otherwise they will miss the winds of poltical change. There policy cannot be that of crisis managment. They should be smart enough by now to know that they should be building goodwill with not only the leaders but the population, otherwise in the future they may get kicked out.
If they do things right, not like how the did Iran, Iraq, they will be able to show Western Imperialism at its best, not its worst.

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rude crude on November 23, 2006 - 1:47am Permalink | Subthread | Parent | Comments top
Excellent Post!

I am looking forward to your future posts on this
and related issues.

warmest regards

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Buckler on November 30, 2006 - 4:11pm Permalink | Subthread | Parent | Comments top
Jerome,
I am wondering, do you think the perception of western oil firms will decline/improve/stay constant concerning the profitability of doing business in Khazakstan going forward?  How much different, really, is the political attitude and climate of the governments of Khazakstan vs Russia?

I reminded of a comment by a senior Chinese official who said "Investors are like Pigeons.  One shock will scare them all away.  Then when the governmental policy improves, they come back one by one."

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Buckler on December 4, 2006 - 3:56pm Permalink | Subthread | Parent | Comments top
Ok I suppose that was a leading question, as I think investor perception of Khazakstan will almost certainly get worse.  It seems Jerome agrees to a degree as he called it a "God-forsaken place."
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