It's odd, when the US lead force invaded Iraq to rid the Country of Saddam Hussein the BBC was awash with "experts" and pundits explaining how this is all about oil. Yet when the Russians invade Georgia the word "oil" is not heard. Yet this invasion really is about oil.
In case you are not aware, Georgian oil can flow out of that country in two ways, either through Turkey and hence into Europe or through Russia. Putin wants to ensure that as much of the world's oil as possible flows through Russia's pipelines so he can have as much bargaining power and control over Europe's power supply. The Georgians know that their independence relies as much as anything on the continued use of the Baku-Tbilisi-Ceyhan pipeline, a pipeline that connects the Caspian Sea's oilfields to Baku, then to Tbilisi and finally onto the Haydar Aliyev oil Terminal in the Turkish port of Ceyhan. There is also the South Caucus pipeline that transports natural gas along a similar route.
The excuses for this war are less convincing than the truth, yet they are still made and believed by many. As the BBC endlessly reminds us, Georgia is considering joining NATO, a move that Russia considers provocative. The BBC seem to think that this "provocation" in some way excuses Russia so as to invade a sovereign country and kill hundreds of people. Georgia is also at the very early stage of discussions to join the EU, they have as much a claim to do so as Turkey, and that again is described as a threat to Russia.
My fears are that this is not a one-off; control over Georgia's oil so that it was all being pumped through the Russian system would mean that the next country on the list would be under threat and that country is probably Kazakhstan. Kazakhstan has the 11th largest oil reserves in the world and most of its oil currently flows through Russian pipelines, however a deal has been done to build a pipeline to and through China, and Russia is unlikely to allow that to happen.
There are many other interesting angles to the Georgian oil story; there is even an Israeli connection as it has been proposed that oil from the BTC pipeline may be transported to eastern Asia via the Israeli oil terminals at Ashkelon and Eilat
However the key point is that Putin wants all of those south and central Asian countries oil to be fed into the Russian system and so be under his control.
I heard someone on Radio 4's Question Time last night saying that this invasion was all the West's fault (especially the Americans) for being so triumphalist at the ending of the Cold War and by humiliating Russia. These are very similar to the excuses that were made in the early 1930s for Nazi Germany; Germany was humiliated after the First World War by the terms of the Treaty of Versailles and so it is understandable that they want to assert themselves and invade Austria, the Sudetenland, Czechoslovakia etc.
What do I think will happen from here? I believe that Russia will not stop until they have control of Georgia's oil. The EU countries will do nothing other than protest gently, as they need Russian oil and gas and are scared of upsetting their supplier. The US will support the Georgian army by way of supplying them with ammunition and parts for the US equipped more modern part of their army but will not get involved militarily. Once Russia has control of Georgia's oil, Putin will look eastwards, if I was a government minister in Astana I would be very worried right now.
To reduce the West's dependence on Rusia I strongly believe that oil exploration in Alaska and the extraction of Canada's huge shale-oil reserves be made a priority. The West cannot rely on oil and gas supplied by mostly vile Middle Eastern dictatorships and a militarily resurgent Russia.
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