There are huge oil and gas reserves on and off shore of the Caspian Sea region. Contracts worth billions of dollars had since been signed, with the newly independent countries, and many joint ventures had been formed, to develop the region

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Caspian sea region
There are huge oil and gas reserves on and off
shore of the Caspian Sea region. Contracts worth
billions of dollars had since been signed, with
the newly independent countries, and many joint
ventures had been formed, to develop the regions
oil and gas fields.
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Stretching 1,760km of often remote and
challenging terrain, the BTC pipeline will be
able to transport up to one million barrels of
crude oil per day from a cluster of discoveries
in the Caspian Sea
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Huge reserves in the caspian sea region
Total oil reserves of the Caspian Sea region are
estimated at above 200 billion barrels which
exceeds that of Western Europe and/or the United
States 110 billion barrels and puts it in second
place after the Middle Easts 700 billion
barrels. Total production, currently at 1 million
b/d, could reach 3.4 million b/d by the year
2010.
The two main oil producing countries in the
Caspian sea region are Azerbaijan and Kazakhstan,
with more than 80 of the expected oil reserves
and where 85 of the foreign investments in the
region are concentrating.
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Caspian sea oil production, reserves and
exportation (1996)
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Photograph of the biggest oil producing country
of the Caspian sea region from space, Azerbaijan.
The Black sea
The Caspian sea
Azerbaijan
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The Baku-tbilisi-ceyhan project
This is a 2.9 billion investment to unlock a
vast store of energy from the Caspian Sea by
providing a new crude oil pipeline from
Azerbaijan, through Georgia, to Turkey for onward
delivery to world markets.
Stretching 1,760km of often remote and
challenging terrain, the BTC pipeline will be
able to transport up to one million barrels of
crude oil per day from a cluster of discoveries
in the Caspian Sea.
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Yhe route of the BTC
With environmental considerations at the top of
its agenda, the BTC partners considered expanding
the existing pipelines to the Black Sea, looked
at alternatives by rail and road, and
investigated the possibility of exporting via
Iran or Armenia before confirming that a new
direct route through Georgia and Turkey to the
Mediterranean was by far the best way forward.
The selected BTC route combines the advantages of
creating a direct link to export facilities on
the Mediterranean coast while avoiding the
congested shipping lanes of the Turkish Straits.
Part of the BTCs route through mountainous
Turkey.
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Constructing and completing the pipeline
This huge project has involved many different
challenges to get to the finished pipeline.
20,000 landowners consent had to be obtained
before the pipeline could begin to be
constructed. Completing this complex project on
time and to world-class standards of safety and
environmental protection calls for closely
coordinated activity between project teams in the
three countries the pipeline will cross.
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Construction Photo's
An example of the harsh terrain that the pipeline
runs along.