TITLE

Caspian Oil Development: The Sooner the Better

AUTHOR(S)
Askari, Hossein
PUB. DATE
April 2003
SOURCE
Business Economics;Apr2003, Vol. 38 Issue 2, p43
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The development of Caspian oil and gas could make a significant contribution to world energy supplies, while providing attractive investment and business opportunities to international entities. The reason for the delay in its development is that the littoral countries cannot agree on the division of the sea. In this paper, the trade-off between holding out for a larger share of the Caspian and immediate development is explored, providing the countries with the basis for an agreement.
ACCESSION #
9917944

 

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