| Headline: Caspian states join the great game Source: Euromoney Date: October 2001 Author: Ben Aris OIL The Caspian region has begun to boom because of its oil potential. Now the aftermath of the terrorist attacks on the US will transform the politics of the region. Bad news for the Afghans could in the long-run be good news for the countries around the Caspian if it gives them more bargaining power.
Kazakhstan is the furthest along the road to cashing in on Caspian oil deposits, followed by Azerbaijan. Wallowing in misery for the past decade, the economies of both have begun to respond as oil begins to flow out of central Asia. Kazakhstan turned in 9.6% | |||||||||||||||||||||||||||||||||||||||||
