The Caspian Sea Pipeline Project

Paper Summary:

Analysis of contstruction of an oil pipeline on the Black Sea. Opposition to the Caspian Pipeline Consortium (CPC). Examines the debate over the construction and operation of the Baku-Ceyhan oil and gas pipeline. Value of the energy sources. Political gains and losses from the project. Overview of the project. Envionmental impact.

From the Paper:

"The Caspian Sea Pipeline Project: An Analysis

Introduction and Statement of Purpose
The Caspian Pipeline Consortium (CPC) is pushing to construct an oil pipeline on the Black Sea in spite of stiff opposition from many local communities and contiguous countries, each of which perceive itself as having a political, economic and military stake in the project and its outcome (Caspian Pipeline Consortium?, 1999). The combination of energy resources, political tensions, and diplomacy has proven to be highly inflammatory, with accusations emerging that the United States is playing a dangerous game with Russia (Rosenthal, 1999). The giant pipeline is designed to carry Caspian oil to ports in the West on a route that does not pass through either Russia or Iran; construction of the pipeline, estimated at $2.4 billion ..."

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