Abstract

The Caspian Sea, the world’s largest inland body of water, is generally known for its caviar. To the delight of consumers of the exclusive caviar, the caviar production will be able to continue as long as the sturgeon is not threatened by pollution. However, the situation remains alarming because the supply of sturgeon in the Caspian Sea has dropped from 200 million tons in 1990 to no more than 60 million tons today. By the year 2000, the Caspian Sea will not only be known merely for its caviar but also for its gigantic oil and gas deposits. The latest tests performed by Western experts after the collapse of the Soviet Union show that the Caspian Sea, with more than 68 billion barrels (= 9092 billion tons) of oil, has the world’s third largest oil deposits, only surpassed by the Persian Gulf and Siberia. Everything indicates that the deposits are even larger than the preliminary evaluation has shown. According to the technical jargon, the oil deposits in this region belong to category A + B + C1, almost equivalent of ‘proven-plus-probable’. The amount of gas deposits is just as impressive as the amount of oil deposits. Kazakhstan alone has natural gas deposits of approximately 1.5 trillion m3. In addition, both Turkmenistan and Uzbekistan possess large gas deposits, however not as large as those in Kazakhstan. A true eldorado! (see Table 11.1).

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