Advertise On EU-Digest

Annual Advertising Rates

12/23/12

Energy: Caspian Basin: "As Energy Prices Head North, Democratization Goes South " - by Steve LeVine

Quiz: Over the next three months, three former Soviet republics will hold elections – Kazakhstan, Turkmenistan and Russia. Whose official outcome will most closely resemble the truth?

If you replied Russia's upcoming presidential election, you are correct, which, given the apparent scale of fraud in its December 4 Duma vote, says much about politics on the Caspian Sea oil patch: While Vladimir Putin reluctantly permitted a large election protest in Moscow – and may face more in the coming weeks – the popular will is likely to play almost no role in the voting along Russia’s southern rim. Instead, the rulers of these self-styled sultanates, courted by the West since the 1990s for their hydrocarbons and geostrategic location, will declare outsized victories for their chosen candidates, unruffled by the turbulence that has terrified petrocrats elsewhere.  

The rulers of this stretch of land seem to think they will simply hang on. One is led to conclude that they may be right, given the region’s history. Yet, their gamble is considerable – that the influences of the outside world, held at bay for so many centuries, will remain far, far away. 

Two decades after the Soviet breakup, the Caspian is reaping the profits of more than 1.5 million barrels a day of oil exports. It is one of China’s choice suppliers of natural gas. And it is an increasingly crucial military staging ground for the United States, which originally embraced the republics in order to direct their oil and gas through new pipelines to the West, and now to facilitate the shipment of war supplies to Afghanistan. 
Judging by the rulers’ behavior, this trifecta of factors has helped to make them feel insulated from the political and economic trends pushing and pulling the rest of the world. While the Arab Spring has persuaded even Saudi Arabia to shower $130 billion in added payouts on its population as insurance against unrest, the rulers of Kazakhstan and Turkmenistan, along with Azerbaijan and Uzbekistan, have more or less gone about their usual business.

Read more Caspian Basin: As Energy Prices Head North, Democratization Goes South | EurasiaNet.org

No comments: