Contents Part I A G REAT G AME N O M ORE : O IL , G AS AND S TABILITY IN THE C ASPIAN S EA R EGION Acknowledgements..................................................................................................i Introduction............................................................................................................ii Dieter Dettke Oil and Gas in the Caspian Sea Region................................................................1 Gernot Erler Policy Options in the Caspian Sea Region...........................................................7 Friedemann Müller The Caspian Energy Resources and the............................................................17 World’s Energy Needs Laurent Ruseckas The Great Gamble...............................................................................................29 Geoffrey Kemp The Political Risks of Various Pipeline Routes.................................................36 in the Caspian Basin Hooshang Amirahmadi The Interests of Russia and the Caspian............................................................48 Successor States of the Soviet Union Uwe Stehr American Commercial Interests, Commitments..............................................51 and Strategies in the Caspian Sea Sheila Heslin European Union Policy and Action....................................................................58 Toward Central Asia and the Caspian Sea Countries René Leray U.S. Policies in the Caspian Sea Region:............................................................62 Implementation Issues Nancy Lubin