EU Institute for Security Studies100, avenue de Suﬀren75015 Parishttp://www.iss.europa.euDirector: Antonio Missiroli© EU Institute for Security Studies, 2014. Reproduction is authorised, provided the source is acknowledged, save where otherwise stated. ISBN 978-92-9198-233-2ISSN 1830-9747QN-AF-14-001-EN-CDoi:10.2815/35845Published by the EU Institute for Security Studies and printed in Condé-sur-Noireau (France) by Corlet Imprimeur. Graphic design by Metropolis, Lisbon. Cover photograph: The Baku-Tbilisi-Ceyhan Export Oil Pipeline (BTC). Credit: Smock John/SIPA
This report was written with the collaboration of Stefan Boessner and beneﬁted from research by Costanza Caputi and Ilektra Tsakalidou.