-Caveat Lector-

From
http://www.hindustantimes.com/nonfram/301099/detFOR06.htm

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Armenia assassinations: Control of Caspian oil behind attack?
Moscow, October 29 (Fred Weir)

THE STRUGGLE for control of a hoped-for Caspian oil bonanza has been touching
off violence in the volatile post-Soviet Caucasus for a decade, and might have
been a factor in the terrorist attack that killed eight top lawmakers in
Armenia's Parliament this week, analysts say.

Five gunmen who burst into a Parliamentary question-and-answer session and
opened fire, killing Prime Minister Vazgen Sarkisian and seven others,
surendered on Thursday after a night-long standoff with special troops in
Yerevan. There are still no clear answers as to why they carried out the bloody
and apparently senseless act of terror. But the attack came just as Armenia
appeared ready to settle its political differences with neighbouring Azerbaijan
over the Armenian-populated enclave of Nagorno Karabakh. A war between the two
post-Soviet states ended in 1994 with de facto Armenian control over the
disputed territory, but peace has yet to be concluded. For Armenian
nationalists, Karabakh has for years been the central cause and rallying cry.
Any move toward compromise with Baku is seen by them as national betrayal.

Coincidentally, US Under-Secretary of State Strobe Talbott held talks with
Armenian President Kocharyan and the now-deceased Prime Minister on Wednesday,
and left Yerevan just hours before the attack on Parliament. High on Mr.
Talbott's agenda was an American-authored plan that would attach Karabakh to
Azerbaijan as an "autonomous republic" with its own army and currency. The US
is a co-chair, along with France and Russia, of the "Minsk Group" which has
been attempting for years to mediate the Armenia-Azerbaijan conflict. Analysts
say the outlines of breakthrough in the process were clearly forming "Every
time there is an attempt to settle the Karabakh problem through negotiations
with Azerbaijan, something happens," says Alexei Malashenko, a Caucasus expert
with the Carnegie Endowment in Moscow.

"President Kocharyan - who is a native of Karabakh himself - and even Prime
Minister Sarkisyan were ready to sign on to the deal," he says. "It's not at
all unlikely that the mentally unbalanced people who attacked Parliament were
being manipulated by powerful forces". Closely connected with this, some
analysts say, is the battle for control of the anticipated oil flows from the
recently-discovered Caspian shelf. Experts say it has proven reserves of about
40B barrels, with potentially 200B more - which would make it the Saudi Arabia
of the coming century.

Output of Caspian oil has so far been disappointing. Also, the welter of ethnic
conflicts in the post-Soviet Caucasus has profoundly discouraged both investors
from backing capital-intensive uplift.


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