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Caspian oil relic Neftyanye Kamny faces rust and change
The Neftyanye Kamny oil complex near Baku, built in 1949, once produced over 42 million barrels yearly but now sits derelict as workers go unpaid. Western firms push Caspian development with AIOC plans to spend 7.4 billion dollars and export crude via Turkey, reshaping regional power. Russia seeks Caspian as sea to shield its oil interests amid post-Soviet shifts.
MENTIONED IN THIS ARTICLE
Neftyanye Kamny
Azerbaijan
Josef Stalin
Baku
Caspian Sea
Kazakhstan
Turkmenistan
Russia
Azerbaijan International Operating Company
AIOC
Turkey
Caspian
Soviet Union
Socar
Republic
Pennzoil
Iran
Kremlin