Vital Caspian Graphics 2 - Opportunities, Aspirations and Challenges

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Publication date: 2012

The Caspian Sea region has witnessed important developments in the past decade and many opportunities are still available. The region is a major supplier of hydrocarbons to the world market, and will play a considerable role in the global energy sector in the future, with new offshore fields due to come on stream in 2014. New transport corridors are under consideration. Fishing, once a traditional economic sector, now faces an alarming fall in stocks, resulting in unsatisfactory catches for fishermen and less work for associated activities. But opportunities are arising with the development of other sectors such as agriculture and tourism.