Word: oiled
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Dates: during 1990-1999
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...tense struggle in the region and beyond. The coastal states of Azerbaijan, Kazakhstan and Turkmenistan gained their independence when the Soviet empire collapsed. All three want to exploit the riches under their sea without interference from Russia and Iran, the two other states that rim the Caspian. As major oil and gas producers, Russia and Iran are not overjoyed at their neighbors' good fortune...
...laid will be too small to handle the job. The consortiums want a new 3.5-ft.-wide line that will be able to carry up to 1 million bbl. a day in five years. At the bar of the Ragin' Cajun, a hot spot in Baku, a veteran of oil fields from Texas to Siberia explains, "The game's called pipeline poker. The Caspian is crazy. It's landlocked. We can drill all the oil you'd ever need...
...their day, the Soviets never worked seriously at developing Caspian wells, largely because they did not want to create competition for their already flowing Siberian oil. Moscow still feels the same but hasn't figured out how to head off the flow of Caspian oil or to grab a large chunk of the profit. Russia does insert an environmental argument: the oil industry could threaten the Caspian sturgeon and its oily treasure, caviar. For its part, Iran says it will cooperate in Caspian development only if it gets, say, a 20% share of the sea's resources. Both Russia...
...Berezovsky?s money was one of the most significant factors in Yeltsin?s reelection in 1996, but Yeltsin fired the oil and media baron from a government position late last year. ?Now Berezovsky?s won a powerful government post at a time when he?s waging a political guerrilla war against Yeltsin,? says Quinn-Judge. ?He may be a lone operator, but he?s an extremely effective one.? And that?s bad news for the Russian president...
...produce steam and electricity, the plant burns natural gas or number six fuel oil, which is a residual oil, according to Parziale. He adds that the emission stacks are monitored 24 hours a day "to ensure environmental safety...