The Caspian Fortune Cookie - $12 trillion at stake, But Beijing Happy With "Multiple Pipelines"

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One of the major irritants for international oil companies is when parochial national policies get in the way of their quest for profits.
Nowhere is this more evident than in the global feeding frenzy to develop the Caspian's energy assets. The prize is enormous, as the Caspian's 143,244 square miles and attendant coastline are estimated to contain the world's third largest reserves of oil and gas.

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