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Caspian Oil Windfalls: Who Will Benefit?

  • Briefing

  • 14 October 2003

The Open Society Institute has released a report calling for accountability, transparency, and public oversight in the oil and natural gas industries of Azerbaijan and Kazakhstan.

The report, Caspian Oil Windfalls: Who Will Benefit? urges foreign oil companies, their home governments, and international financial institutions to promote good governance and democracy in Azerbaijan and Kazakhstan to ensure that petroleum revenues generate social prosperity and stable governments.

As the United States and its allies prepare to help shape the post-war Iraqi oil regime, we are reminded that security of energy supply has always been a priority of United States national security policy.