It was not uncommon for the workforce of small towns (i.e. Kıncıvo) to completely and rapidly convert toward dependence on the oil industry during this period.
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H.V.Abikh surveyed and reported structures present on the seabed of the Caspian.
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For instance, Mazut Trading Co, created by the Rothschild Frères in 1898, possessed 13 tankers in Caspian Sea alone.
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Russian President (then First Deputy Prime Minister) Dmitry Medvedev and former Hungarian Prime Minister Ferenc Gyurcsány have stated that there is no contradiction between South Stream and the Nabucco pipeline project, designated to bring Caspian (Azerbaijani) gas to Southern and Central Europe via Turkey.