Middle East Economic Survey

VOL. XLIX

No 4

23-January-2006

CASPIAN

Impact Of Caspian Shelf Crude Production On World A Decade Away

Caspian Sea region crude and gas production is steadily building, but with the exception of Azerbaijans offshore operations, most gains stem from onshore activities in Kazakhstan. According to a recent report published by RPI Inc of Moscow, it will be the next decade before development of the Caspian shelf moves offshore oil and gas production into high gear. Gary Lakes...