| Abstract: The West's primary interest in Eurasian energy is to ensure a political
environment that not only restrains conflict but also implements
cooperation for common energy security. An organization such as the
proposed EurAsian Oil and Gas Association (EAOGA) can promote the
technical means for getting the energy to market, allowing capabilities to
be pooled, costs shared, and benefits distributed, by building on the
triad of political, economic, and legal accomplishments established by the
Energy Charter Treaty (ECT). It would promote resolution of issues that
are not in themselves political but have strong political overtones,
particularly international regimes for the development of energy
resources. Private capital from the West seeks a stable investment
environment, as a precondition to deepening economic relations with the
NIS. With an adjunct "EAOGA-Bank" institution, it could ensure that the
national systems of banking, finance, and legislation in the newly
independent states (NIS) of the former Soviet Union dovetail with
international requirements.
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This article is available in  full
text.
Contents:
- [Introductory Remarks]
- Recent Developments
- The Main Idea
- Making EAOGA Work
- The Logic of Cooperation among
EAOGA-ists
- Conclusion
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| Suggested citation for this webpage: Robert M. Cutler, “A Strategy for Cooperative Energy Security in the Caucasus,”
Caspian Crossroads 3, no. 1 (Summer 1997):
23–29, available at ⟨http://www.robertcutler.org/CES/ar97cxr.htm⟩, accessed
13 March 2010
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