The Politics of International Oil

Study Sheet

I. Identify and give the significance of:

Azerbaijan	Nagoma-Karabach	Baku-Ceyhan Pipeline
OAPEC.	Q-8 petrol stations	Baku-Supsa
Tengiz oil	Al Jazeera	Chechnya
netback pricing	Iraq Petroleum Co.	Qatar
"de-integration"	prisoner's dilemma	Global Balkans
rentier state	Yom Kippur (Oct.) War	Strait of Hormuz.
Iran Libya Sanctions Act	Turkmenistan	Kazakhstan
Caltex	Rumaila oil field	Saddam Hussein
Gulf Cooperation Council	Mahmoud Ahmedinejad	NY Mercantile Exchange
Kyoto Protocol	Armand Hammer	Muammar Qadafi
Bosphorus	50-50 formula (1950s)	Production sharing agreements (PSAs)
"Global Balkans"	concessions	service contracts
Zbig Brzezinski	Michael Klare	Daniel Yergin

Essay question: you will have a choice of 2 essay questions, along themes like:

• what are the principal variables in any agreement between international oil companies and host countries?
• What is the strategic significance of the "Global Balkans" (Brzezinki)?
• what are the advantages and disadvantages of "de-integration" for NOCs and IOCs?

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Oct. 21, 2009

Department of Government, University of Texas at Austin.

Questions, Comments, and Suggestions to chenry@mail.utexas.edu