US Energy Interests in the Caspian

A good recap on energy politics in the Caspian area in the context of renewed Russo-American tensions.

Here are relevant sections from the piece:

"A good recap on energy politics in the Caspian area in the context of renewed Russo-American tensions.

"The collapse of the Soviet Union in the 1990s led to the formation of several breakaway republics in the Caspian region, an energy-rich area which had been off limits to Western investment. That these newly formed states with substantial reserves of hydrocarbons should open their doors to international energy companies was a high priority of the Clinton administration.

The United States also saw that drawing these new states into the Western orbit would have two major strategic benefits: the diversification of energy supplies away from the Middle East and the limiting of Russian influence in an emerging energy-rich region -- a convenient post-Cold War dividend indeed.

For Russia, the expansion of U.S.-led geopolitical influence in an arc from the Baltic States to Eastern Europe through the Caucasus represented its own strategic encirclement."

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