Confronted with new and ongoing challenges to energy supplies--our own and those of our friends in Europe--this administration has decided to reorganize some policies and renew a long-standing U.S.-led effort aimed at expanding oil and gas production in the Caspian, using public-private partnerships as the preferred Western approach.

For this, our goal is to get as much oil and gas as possible from the Caspian basin (see Maps 1 and 2) into Europe while avoiding geographic chokepoints and monopolistic pressure. We want to build on the initial set of pipeline projects that have succeeded in the Caspian region over the last decade and add new ones. Despite skepticism and ...

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