Continued growth is likely as major energy development projects get under way.
U.S. companies interested in the region should consider specific export opportunities in individual countries, as well as opportunities connected with the region's energy projects, while keeping an eye on the realities of doing business in the Caspian Basin. Energy Commercial opportunities in the Caspian Basin vary according to the development priorities in each country. Thus, inevitably, the need for oil and gas equipment, supplies, and services is paramount. Estimates of requirements in dollar amounts vary widely. U.S. companies entering these markets often do so by subcontracting, very often to the larger Western companies that are members of exploration and production consortia.