The Caspian Sea region, including the Sea and the littoral states surrounding it, is important to world energy markets because it holds large reserves of undeveloped oil and natural gas. The Caspian Sea’s mineral wealth has resulted in disagreements between the five countries over ownership of the resources, and the region’s huge energy potential has sparked fierce competition–between producers as well as consumers–over the final export routes for this oil and natural gas.
2 Caspian fields as Dream or reality
3 Caspian Sea Region: Legal Issues
4 Caspian Sea Region: Reserves and Pipelines Tables
6 Caspian Sea Region: Regional Conflicts