International Relations (The Caspian Sea Dispute) Essay

International Relations (The Caspian ocean Dispute) - Essay ExampleThe interest encompassing oil extraction in Caspian region are commonly living in some(prenominal) countries of the world in view of its significance to each individual countrys benefit. For instance, the Caspian states regard the extraction of oil as a bonanza of prox riches, potency and control. However, Caspian states are not the only ones to conceive these purviews, beside these interests are also cherished by the giant international oil companies such as BP, Amoco and Exxon etc with a view to boosting profitability. Besides, countries like United States, Russia, China, Iran and Turkey. All guided by the objective to gain maximum possible geopolitical advantages out of the regions oil exploration and exploitation.Hence, this report sharpens the significance of this region for several interested parties and also explores the arousing international level conflicts concerning the geographic expedition and utiliza tion of Caspian Seas abounding oil resources.The internal and external governing in the Caspian region have led to the enormously growing contention among several countries. The internal importance of oil reserves in the region arises in Azerbaijan and Kazakhstan, where the oil is expected to free the countries from the claws of poverty, economic backwardness and Russian influence. The other country having substantial concerns for the region is Russia, which regards the exploration of oil in the region to be severely yoked with Russian internal security matters. Finally the Caspian region is of international interest because of the regions potential to have ample reserves of unexplored oil, which can shape the fortune of several countries connected with it. As Frank Viviano (1998, pA1) propounds, The oil boom in the Caspian basin promises to alter everything in its path- to erect a new El Dorado in cast off wasted, fuel the economies of US and Europe, and re-order the global econo my. It will also imperil thousands of years of tradition, setting its defenders against the tide of a glittering but deeply uncertain future. The frontmost problem with the Caspian Seas oil resources is that these reserves are not distributed equally across the sea, which has inseminated conflicts among the countries bordering it on the issue of maximum access to amplest oil. The major dispute held by the countries bordering the Caspian Sea i.e., Russia, Kazakhstan, Azerbaijan, Turkmenistan and Iran is the application of international law for the usage of Caspian resources, arguing on the treatment of Caspian as sea or lake. Brice Clagett (1998, p4) illustrate that if the Caspian is to be handled as sea, the eminent beneficiaries would be Azerbaijan and Kazakhstan, as the resources of the sea would then be utilized by each country to the extent of a specified zone off the seashore under(a) the international law. Both Russia and Iran, who had been historically sharing the Caspian S ea reserves, do not contain sufficient oil resources within their specified limits off the seashore. Therefore, they prefer the Caspian to be treated as a lake, enabling the countries to equally share the resources beneath the sea. Besides Azerbaijan, Kazakhstan and other Caspian States, the most evident interest in Caspian Sea reserves is that of the Russian. Ozden Oktav (2005, p21) illuminates that Russia has many economic and