Review of 2012 - Central Asia and Caucasus



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Report summary

The major highlights from the Caspian region in 2012 were farm ins and other high profile M&A activity. The most notable deals were ONGC's acquisition of stakes in two of the region's biggest projects Azeri Chirag Guneshli (ACG) and Kashagan. These are both subject to government approval and there is a significant chance of pre emption by the Kashagan partners. If the deals were to proceed as proposed they would signal a major move by ONGC into the Caspian.

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    Review of 2012 - Central Asia and Caucasus

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Table of contents

Tables and charts

This report includes 5 images and tables including:


  • Key upstream events in the Caspian region, 2012
  • Annual deal count, 2002-2012
  • Caspian region liquids production, 2008-2016 (‘000 b/d)


  • Exploration licence awards in 2012
  • 2012 Farm-Ins

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