Document Type : Research Paper

Abstract

The discovery of Oil, Gas, and its diverse utilization has had a major role in the transformation of industries, and acknowledged as a central basis for social development. In these conditions, future of energy resources and how to organize it's production, transportation and usage have been the major goals and challenges of the producers and consumers of energy; it has also helped to shape bilateral, regional and international relationships between countries. In the past decade, the energy security has caused the increasing of strategic importance in relations between producing, consuming and transit routes. Among regions blessed with energy resources, the Caspian and Caucasian regions have a major part in providing the energy needed on a global basis, and it is possible to increase this part by encouraging regional cooperation. This article, basing on energy resources and regional cooperation, proposes the following theory: after the Georgian crisis in August 2008 and considering the changes in global and regional processes, new conditions have aroused in Caucasus, that its major component is the weakening of contrasting and competitive approaches and strengthening the cooperative and transactional approaches. On such basis and with regard to the changing views of regional countries’ leaders, the concept of energy can be considered an appropriate groundwork in creating ties between the producing, transporting and consuming countries. This article claims that the realization of this matter is only possible by the adoption of an appropriate policy regarding regional cooperation in order to better utilize the resources and by giving utmost priority to long-term goals as opposed to short-term goals.