Geology, oil and gas potential, pipelines, and the geopolitics of the Caspian Sea region

The Caspian Sea region contains oil and gas reserves that are comparable to those of other of the world's fossil-fuel-producing regions, excluding the Middle East. We review here the economic, environmental, and complicated geopolitical concerns with respect to exploration and recovery of the region's fossil fuels. These include mud volcanoes, gas hydrates, earthquakes, pollution, rapid changes in sea level, desertification, ownership of resources, and the transportation routes of fossil fuels. Significant advances have been made concerning these problems in the short time since the breakup of the Soviet Union, fueling optimism for the future of the region.