Complete 9/11 Timeline Pipeline Politics
1991-1997: Oil Investment in Central Asia Follows Soviet Collapse
The Soviet Union collapses in 1991, creating several new nations in Central Asia. Major US oil companies, including ExxonMobil, Texaco, Unocal, BP Amoco, Shell, and Enron, directly invest billions in these Central Asian nations, bribing heads of state to secure equity rights in the huge oil reserves in these regions. The oil companies commit to $35 billion in future direct investments in Kazakhstan. It is believed at the time that these oil fields will have an estimated $6 trillion potential value. US companies own approximately 75 percent of the rights. These companies, however, face the problem of having to pay exorbitant prices to Russia for use of the Russian pipelines to get the oil out.
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Satoshi Ashikaga is a member of the TRANSCEND Network for Peace Development Environment. Having worked as researcher, development program/project officer, legal protection/humanitarian assistance officer, human rights monitor-negotiator, managing-editor, and more, he prefers a peaceful and prudent life, especially that in communion with nature. His previous work experiences, including those in war zones and war-torn zones, remind him of the invaluableness of peace. His interest and/or expertise includes international affairs, international law, jurisprudence, economic and business affairs, project/operations or organizational management, geography, history, the environmental/ecological issues, audio/visual documentation of nature and culture, and more.
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