| Abstract: | Since the break-up of the Soviet Union in 1991, the questions of how to divide the Caspian Sea and transport its oil and gas have not been resolved and have become more problematic because of outside interference. It is in Iran's financial interest to take the initiative and either accept a smaller section of the Caspian Sea—if guaranteed the opportunity to participate in the transport of its hydrocarbons—or propose an Iranian solution of creating a joint Caspian oil and gas company that would get the hydrocarbons out more quickly and efficiently. |
