American Oil Diplomacy in the Persian Gulf and the Caspian by Prof. Gawdat G. Bahgat

By Prof. Gawdat G. Bahgat

"An first-class learn of U.S. coverage on growing and protecting a country of strength security."--Hafeez Malik, Villanova University

The usa is the world's greatest oil patron and importer. right here Gawdat Bahgat examines the nation's becoming dependence on fossil fuels--particularly oil--and the most demanding situations it faces in securing provides from energy-rich areas, the Persian Gulf and the Caspian Sea. He argues that long term U.S. power method needs to be equipped on variety of either the gasoline combine and the geographic beginning of that gasoline. it's going to comprise a huge blend of measures that may stimulate family creation, offer incentives for conservation, advertise fresh applied sciences, and cast off political boundaries to international markets.

Bahgat additionally contends, even though, that the objective shouldn't be power independence, yet discovering new methods of dealing with dependence on oil offers from in a foreign country. He continues that regardless of expanding reservoirs of oil and average gasoline during the international, together with the Caspian Sea, the Persian Gulf will remain the most resource of U.S. fossil gasoline. Bahgat analyzes either contemporary and historic demanding situations to the connection among the U.S. and Saudi Arabia, the world's biggest oil manufacturer and exporter, together with the Arab-Israeli peace technique. He additionally discusses the hostility among the USA and Iraq and the demanding dating among the U.S. and Iran, together with such delicate issues because the proliferation of guns of mass destruction and terrorism, in addition to advancements within the wake of September eleven, 2001.

In his evaluate of the underdeveloped Caspian Sea reservoir, Bahgat means that power specialists and coverage makers have exaggerated the region's power, bringing up logistical, monetary, and political hindrances that has to be triumph over ahead of the quarter performs an important function in generating fossil fuels. those stumbling blocks comprise household ethnic divisions, disputes over the criminal prestige of the Caspian, disagreements over the main not pricey transportation routes, and adjustments within the sector within the aftermath of the conflict on terrorism.

Gawdat Bahgat, director of the guts of heart japanese experiences at Indiana college of Pennsylvania, is the writer of The Gulf Monarchies: New monetary and Political Realities; the way forward for the Gulf; and The Persian Gulf on the sunrise of the recent Millennium.

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Unlike the case with Iraq and Iran, the United States is the main political and economic partner for most of the GCC members, particularly Saudi Arabia. Since the Gulf war, Washington has become the de facto guarantor of Gulf security. 5 Finally, European companies continue to compete with their American counterparts for investment opportunities in the Gulf monarchies’ oil and gas sectors. In closing, two conclusions need to be highlighted. First, there is no one single European energy policy in the Persian Gulf.

The two sides compete with each other over oil and gas deals in the Persian Gulf, the Caspian Sea, and other hydrocarbon provinces. Chinese companies are involved in oil and gas industries in Iran and Iraq, and for a long time Beijing has established friendly political and military relations with both Tehran and Baghdad. Similarly, in November 1999 President Jiang Zemin made the first-ever visit by a Chinese head of state to Saudi Arabia. 27 Japan Japan is a significant player on the international energy scene.

In order to supply China’s increasing oil demand and boost its own export potential, Moscow has negotiated with Beijing to build an oil pipeline linking the two countries. 16 In addition, the two sides have negotiated several proposals to export Russian gas to China. 17 Japan is the demand key to any Russian Far East gas project. Tokyo’s current and projected demand justifies Russian export pipeline projects. Since the mid-1990s, the two sides have negotiated and signed several The Global Energy Scene | 33 agreements, including Sakhalin-I and Sakhalin-II, that would transport Russian oil and gas to Japan.

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