COMMENT — The final leg in the race for Caspian gas

Alexandros Petersen Woodrow Wilson International Center for Scholars Washington, DC In the past few months, the race for Caspian gas has shifted more rapidly and more frequently than it had in the past decade. The runners and judges have changed since early 2011, and the spectators are rooting for entirely new contenders. A once wide-open playing field of midsize European companies and regional national champions has given way to a competition to be determined almost exclusively by Azerbaijan's state energy company SOCAR. Just a year ago, the race focused on the massive 30 billion cu m/year Nabucco pipeline, expected to bring Azerbaijani, Turkmen, and possibly Iraqi or even Egyptian natur...

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