The Great Game for gas in the Caspian

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Europeans have sought access to the Caspian region’s prolific energy resources for centuries. Recently, they have been keen to tap into Caspian gas in a bid to cut their dependence on Russian supplies, but with little success.

Yet late June 2013 saw a significant development. Finally, the consortium developing Azerbaijan’s crucial Shah Deniz field decided on the route of a pipeline that will carry its gas to Europe. In the modern day variant of the 19th century “Great Game”, however, Europeans face a new rival: China. In this special report, The Economist Intelligence Unit examines the outlook for oil and gas production in Azerbaijan, Kazakhstan and Turkmenistan. We quantify overseas demand for the Caspian’s growing gas supplies and analyse the opposing interests at play in the region.

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