Word: caspian
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...Russia - ever a major and jealous presence and a key market - Kazakhstan nevertheless had a pipeline built, allowing transport of its oil directly to China. To Russia's chagrin, it also joined the U.S.-sponsored Baku-Tbilisi-Ceyhan (BTC) pipeline that breaks Russia's long-standing monopoly on delivering Caspian Sea oil to world markets, though the pipeline does not cross its own territory. The plan was to lay an additional pipe across the Caspian seabed to Azerbaijan's capital, Baku, but Russia protested, citing potential ecological damage. So Kazakhstan ships oil there by tanker...
...Russia - ever a major and jealous presence and a key market - Kazakhstan nevertheless had a pipeline built, allowing transport of its oil directly to China. To Russia's chagrin, it also joined the U.S.-sponsored Baku-Tbilisi-Ceyhan (BTC) pipeline that breaks Russia's long-standing monopoly on delivering Caspian Sea oil to world markets, though the pipeline does not cross its own territory. The plan was to lay an additional pipe across the Caspian seabed to Azerbaijan's capital, Baku, but Russia protested, citing potential ecological damage. So Kazakhstan ships oil there by tanker. The country...
...Time, there are moves afoot within the Kremlin to create a huge oil and gas pipe-line monopoly based on an existing pipeline operator, Transneft. In February, Russian Industry and Energy Minister Viktor Khristenko submitted a report to Putin suggesting that Transneft acquire Russia's stake in the Caspian Pipeline Consortium (CPC), a company partly owned by the governments of Kazakhstan and Oman, which operates a 1,500-km oil pipeline from western Kazakhstan to a marine terminal in the Russian Black Sea port of Novorossiysk. Putin endorsed the idea. The transfer of ownership is likely to enrage...
...most powerful man in Iran avoids the gilded trappings of office. While many of the officials who serve under him build Caspian Sea villas and travel in caravans of shiny new SUVs, Ayatullah Ali Khamenei, the country's supreme religious leader, conducts himself with the modesty of a small-town mullah. He receives visitors in spare, undecorated offices in downtown Tehran and often runs meetings seated on the floor and wearing a plain black robe. Billboards with his portrait are ubiquitous in the capital, depicting Khamenei more as a rumpled civil servant than a revolutionary, with thick glasses and rough...
...attempts to inveigle himself into the U.S. via the fictional Caspian splinter state of Absurdistan, only to get tangled up with the cynical local oil politics and the local dictator's foxy daughter. All the while he bemoans his fate with Nabokovian wit and efficiency--when he alludes to the "typical drabness of the one-room Soviet apartment, with the bulbous refrigerator shuddering in the corner like an ICBM before launch," you can practically smell the spoiled milk...