Vol. 3, Issue 5, Part L (2017)

Abstract
The 21^st century is marked by a rapid economic development and an inequitable allocation of hydrocarbons worldwide. As food is necessary for the survival of human being, similarly energy is required for an economy to survive in this globalized and integrated world economic system. What is going to dominate the world politics in near future and, in fact, is being somewhat influenced by the energy transportation and their acute and amplified energy dependency. Competition to gain access to the Caspian energy and rivalry about transportation routes has to be viewed within this context. The paper seeks to explore the nuances of energy geopolitics in the regional context and its wider general implications.