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The Americans have warned the EU of over-reliance on Gazprom, and championed the development of Caspian resources.
These internal instabilities will not stop the development of Caspian resources, but they could well slow it down.Property rights also seem reasonably secure.
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Moreover, as the global importance of natural gas as a cleaner hydrocarbon is increasing and the challenge of energy security is assuming greater urgency, so grows the importance of the Caspian resources in contributing to diversity of energy supplies.
The Shah Deniz gas field in Azerbaijan promises to be almost as important as the oil reserves in the development of Caspian-basin energy.
So we share in the wealth when the development of these resources occurs".
Improperly addressed, these concerns threaten to curb, if not halt, the development of unconventional resources.
Iran also contends that Azerbaijan is succumbing to pressure from the United States, a strong backer of a pipeline to carry Azerbaijan's Caspian oil to the Turkish port of Ceyhan, on a route that would bypass Russia and Iran and reduce their control over Caspian resources.
The multi-modular resources development programme seems to support development of participants' personal resources.
Turkish intransigence has delayed and reduced in size the development of the Caspian off-shore Shah Deniz gas project.
We find in particular the importance of relational resources associated with absorptive capacity in the development of an IOCM resource.
Mr. Reagan was concerned about unreasonable obstacles to the development of deep seabed mineral resources.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com