The disintegration of the Soviet Union led to a new condition, which with intervene of foreign players, became a very complicated situation. This trend created a “New Great Game” around Caspian Sea Basin that reminds imperialistic rivalries of Britain and Russia in late decades of 19th century. Increasing demands of industrial countries has caused the rapid attention to this region. Azerbaijan, Kazakhstan, and Turkmenistan have arranged huge efforts in this respect, in order to gain more revenue from oil in world. The author has tried to explain the geopolitical dimensions of energy transition around Caspian Sea, with respect to the Goals and rivalries of regional and international players in this region.