Caspian Resources by Sebastian Farnham

Caspian Resources explores the intricate relationship between politics, economics, and energy security in the Caspian Sea region. This area is vital due to its substantial oil and gas reserves, which play a crucial role in the global energy market, intensifying geopolitical competition. The book emphasizes that the development of these resources is not solely an economic issue but is deeply connected to the political goals and security concerns of several nations. For example, the Caspian Sea serves as a critical transit route, impacting the energy security of many countries.

The book provides a comprehensive analysis, starting with a historical overview and progressing to an examination of pipeline infrastructure. It scrutinizes the energy policies of Caspian littoral states (Azerbaijan, Iran, Kazakhstan, Russia, and Turkmenistan) and assesses the roles of external powers like the United States, the European Union, and China. By incorporating diverse sources and economic models, the book uniquely offers a holistic perspective on the Caspian Sea, valuable for policymakers, energy analysts, and academics interested in the region's geopolitics and sustainable development.