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Publication Date: October 2002
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Ariel Cohen
Research Area: Energy
Keywords: Russia and Eurasia
Type: Report
Abstract:
The vast expanses of the former Soviet Union harbor oil and gas riches which will be crucial in fueling the global economy in the next century. The huge oil reserves, estimated at over 25 billion barrels, under the Caspian Sea and in the Central Asian republics of Kazakhstan, Turkmenistan, and Uzbekistan are similar to those in Kuwait and larger than those in Alaska’s Northern Slope and the North Sea combined.