Article
Caspian Oil Windfalls: Who Will Benefit?
[This report] calls for greater accountability, transparency, and public oversight in the oil and natural gas industries of Azerbaijan and Kazakhstan. It urges foreign oil companies, their home governments, and international financial institutions to promote good governance and democracy in both countries to ensure that petroleum revenues generate social prosperity and stable governments. [see "Recommendations for foreign oil and natural gas companies" on page 173] [refers to ChevronTexaco, ExxonMobil, AGIP, TotalFinaElf, Royal Dutch/Shell, Lukoil, LukARCO, BP, Unocal, Amerada Hess, Statoil, TPAO, Devon Energy, Itochu, Delta, OIEC, Wintershall, Mitsui, Repsol, Alberta Energy [now EnCana], JAPEX, INPEX, Telkoku, NA, Conoco, Atilla Dogan, Land & General, Grunnewald, Moncrief Oil, Petholding, Whitehall, Commonwealth Oil & Gas, Ramco, CNPC [China National Petroleum Corporation], State Oil Company of Azerbaijan (SOCAR), Tengiz Chevroil, KazRosGaz]