Playing Oil Politics in the Caspian Sea

About a third of the world’s undeveloped natural gas and oil deposits lie beneath the Caspian Sea. Still, its energy potential remained largely untouched until the early 1990s, when many observers declared it the world’s new “Oil Mecca”.
The region has caught the attention of leading energy consumers, such as the United States, Russia, China, Japan, India and perhaps most of all the European Union, which by 2020 could import 80 percent of its natural gas from the area.
But according to some analysts, America’s focus on the region was first driven by geopolitics, not energy security.
Focus I News