Published in association with the Stockholm International Peace Research Institute.

This book analyzes the legal and economic situation concerning the removal and allocation of the natural resources in the Caspian Sea – the largest enclosed body of salt water in the world, which not only constitutes a fragile ecosystem with great fishery resources, but is also rich in oil and gas deposits. The economic advantages gained from the development of oil and gas are the basis for the economic and social development of the riparian states, but also cause significant transboundary harm to the ecosystem of the Caspian Sea. The book contends that, if the local environment grows more heavily contaminated through the extraction of mineral resources, it could lead to environmentally induced violence. It describes the ongoing conflicts, which are primarily due to various riparian states’ territorial claims concerning the extraction of oil and gas resources, and argues that the current legal framework on the use and protection of the Caspian Sea is obsolete. Thus, the main objective of the book is to point out corresponding international legal mechanisms that could be used in order to settle these disputes and protect the Caspian Sea’s fragile environment from transboundary harm.

This book provides the first comprehensive analysis of US policy from the perspective of an analyst and scholar from the region. This volume discusses the US energy diplomacy in the Caspian Sea region since 2001. It compares the foreign policy of the Bush, Obama, and Trump administrations, following the changing role of energy in the behavior of the US toward states in the energy hubs of Central Asia and the Caspian Sea. The chapters employ historical analysis, regional analysis, interviews, and case studies to trace the evolution of US interests in the area and posits likely trends for future policy. Topics discussed include: China’s massive Belt and Road Initiative the energy and foreign policies of the Caspian littoral states in comparison with those of China, India, the European Union, and Turkey the escalation of differences among key OPEC members during the Trump era the impact of the oil price war on the US shale industry the spread of COVID-19 and its impact on the oil market Russian and U.S. competition in the EU energy market the US-China trade war and the role of energy in the first phase of the US-China trade deal the energy policy of the incoming US President, Joe Biden Shedding light on the complex geopolitics of the US-Caspian Sea Energy diplomacy, this volume will be of interest to researchers of foreign policy, diplomacy, international relations, and energy policy as well as policymakers and analysts working in related areas.

Reflecting the particular concerns of each of the Caspian countries, this book offers a unique perspective on the prospects and priorities for long-term development round the Caspian basin.

This volume is based on the presentations and deliberations of an Advanced Research Workshop (ARW) "Caspian Sea: A Quest for Environmental Security" that was held on March 15-19, 1999, in Venice (Italy). The Workshop was sponsored by the NATO's Division for Scientific and Environmental Affairs, with additional support provided by the Trust for Mutual Understanding (USA). It was organized by Duke University's Center for International Development Research with the guidance of the International Committee of scientists from Russia, United States. Georgia and Italy and organizational assistance rendered by Venice International University. The Caspian Sea region is of profound importance from the perspective of global and regional environmental security. New geopolitical and economic circumstances have created a mixture of competition. reluctant collaboration, and legal, political, economic and ideological wrangling. There is an intense debate over how the Caspian and its resources should be divided among littoral states and how these resources are to be developed. While most littoral states and the international companies strive to develop the area's immense hydrocarbon potential, it is clear that the Caspian's unique and fragile ecosystem is at risk.

"The Caspian Sea and the lands around it are emerging again as a focus region in global affairs. With security of energy supply high on the international agenda, and with fears of resource shortages re-surfacing, the countries of the Caspian region are stepping onto the global stage, claiming for themselves new roles as providers of resources to the world. However, the new-found strength and self-confidence of the rulers of these countries are built on uncertain ground. How will a temporary - or longer-term - global recession affect these recently independent countries? How will climate change influence them - and will global climate policy alter the value of their massive hydrocarbon reserves? In some of these countries, there have been domestic armed conflicts or conflicts with neighbouring states - could hostilities erupt again? And what about the major powers in the neighbourhood? Who will gain influence, and who will lose - or will geopolitical games simply serve to destabilize matters? In three scenarios for the Caspian Sea region in 2025 this book tries to suggest possible futures for the countries around the Caspian Sea. The futures are shaped in a complex interplay with global events, with other powers and with a range of forces within the region itself. The main forces shaping the region will be the market for natural resources and their impact on regional economies, political and cultural forces of change within the region and each of the countries, as well as the dominance and influence of great powers."--Publisher.

An exploration of Turkey's future role and impact on European energy security, looking at the connection between geopolitics, energy security and the EU's need for energy. The book focuses on Turkey's foreign and energy policies and importance as a natural funnel through which the EU can access hydrocarbons and renewables.