The Position of Central Asian Republics in the World Energy Market

Author(s):  
Serdar Kuzu

Central Asian Republics contain a grand potential in itself through their rich natural resources and strategic locations on the Silk Road between east and west. However, international production and trade share of Turkic Republics is very low. Natural resources are among the most important elements for economic structure. Natural resources that hold by Turkic Republics have had an increasing importance in the world energy market since the disintegration of the Soviet Union. Many international firms have focused on this district in order to have a say in the production and distribution of energy resources. Within this period, the starting up of the Baku-Tbilisi-Ceyhan Pipe Line and studies on the Nabucco Project have contributed to the economies and stability of Turkic Republics. Important gas and petroleum exporting countries such as Kazakhistan, Azerbaijan have gotten high rates of growth depend especially on the natural resources export. However, gains provided by natural resources can create negative effects on income distribution of countries despite their positive effects on economic growth. Economic structure depend natural resources should be diversified for Turkic Republics in order to invest earnings come from natural resources efficiently. This is also very important for the intraregional trade and investment. Thus, logistic structure that could transport natural resources to other markets becomes very important. This study focuses on the positions of energy resources of Kazakhistan, Azerbaijan, Kirghizstan, Turkmenistan and Uzbekistan as Turkic Republics in the world energy market and their effects on the economies of these countries.

2017 ◽  
Vol 2 (1) ◽  
pp. 99-107
Author(s):  
Muhammad Ayaz Khan ◽  
Sajid Hussain ◽  
Abdur Rehman

This research is an endeavour to examine the dynamics of interest determining the complex political situation in Central Asia. These states have come into being from the trauma of freedom and became the master of their own destinies. The region has energy resources which attract the other countries of the world to get access to them. Many world countries such as Pakistan, Iran, India, China, U.S. and Russia have economic, political and strategic interests in the region. Its geo-strategic location makes it difficult for the Central Asian Republics to ignore it. The article concludes that only culture and history cannot be a bank on for the improvement of cooperation among the nations, but new strategic policies and the dynamics of the modern geopolitical world must be kept in mind while formulating a policy to follow the economic targets.


2017 ◽  
Vol II (I) ◽  
pp. 1-17
Author(s):  
Manzoor Khan Afridi ◽  
Musharraf Iqbal ◽  
Sumbul Hussan

The importance of Central Asia for China increased with the change in international power structure, growth of its economy, rapid industrialization and increase in population. China is regarded as the second largest energy consumer in the world while Central Asia has rich energy resources and raw materials complementary for its economic growth. It is interested in the energy resources of Central Asia for the security of its energy supply and a large market for its finished goods. Prior to Central Asian energy resources, China was importing oil from the Middle East. The route of oil supply from M.E to China was passing through Malacca strait, under the control of United States, a perceived rival of China in the world politics. In case of conflict this route may be blocked by United States. This situation worried the Chinese policy makers and prepared a comprehensive policy regarding the energy resources of Central Asian region. Energy is not the only concern of China in Central Asia; it is also worried about the security of its Xinjiang, sharing border with some Central Asian Republics (CARs). About 60% of the population of Xinjiang are Uyghur Muslims. The same ethnic community also exists on the other side of the border in the Central Asian Republics. China has an apprehension that in case of instability in the region, terrorists organizations may instigate the China’s Uyghur for independence. That is why, China is supporting United States in its fight against terrorism. Politically, it wants to reduce the influence of United States in the region by integration with the CARs (Central Asian Republics) through SCO particularly after US military penetration in the region in 2001. Applying a descriptive-analytical approach in the paper, the interests of China in CARs are surveyed.


2019 ◽  
Vol 135 ◽  
pp. 04043
Author(s):  
Svetlana Faizullina ◽  
Ainur Isaeva ◽  
Lailya Matkarimova ◽  
Aigul Zhuzbaeva

This article discusses the economic benefits of uranium mining, as well as its environmental and health impacts. Sustainable development includes several aspects: energy, water, the environment, food and the economy, and ensuring each of these aspects is a serious problem. Energy is at the center of other aspects of sustainability, as it has a direct relationship with water, food, and the environment. Uranium is Kazakhstan’s top priority in the global energy market. In the world, there are different opinions on the development of uranium production, increasing the value of atomic energy. Apparently, this should be preceded by a crisis in the field of oil and gas production in recent years, in connection with which the world energy market should have a diversified course depending on various energy sources. Kazakhstan is a country rich in uranium. In addition, over the years of independence, we have increased production almost four times and maintain leadership in the world. Therefore, uranium production is the most important advantage of our global energy space today.


2004 ◽  
Vol 23 (2) ◽  
pp. 130-141
Author(s):  
Edward J. Rogers

During the first three hundred years of its existence, Brazil had no opportunity to develop its potential natural resources for the benefit of its inhabitants. Portugal, Brazil’s mother country, exploited the colony as a source of wealth for itself and did not administer it for the purpose of creating a sound economic structure for the good of Brazil. Its foreign commerce was a Crown monopoly until 1808. During this colonial period, easily exploited minerals and those crops which would command quick, lucrative profits on the world market, were stressed by Portuguese administrators. Thus, early in its history, the disastrous seeds of monoculture were sown in Brazil. These products were taken to Lisbon, which served as a jobbing center for the Empire, and from there they were distributed by vessel to other countries. Large-scale industry was discouraged by Portugal, and in some instances, actually forbidden. In this, Portugal was following the general colonial policy common to many European nations during that period. Characteristic of the Portuguese attitude was Queen Maria’s order in 1785 for the destruction of all industries and factories in Brazil that were not devoted to the production of sugar; a product from which Portugal at this time derived much of its national income. In return for the lucrative slave crops of sugar and cotton, the colony was forced to buy expensive finished goods from the mother country. The exchange profited Portugal greatly and strangled Brazil economically.


2021 ◽  
Vol 5 (520) ◽  
pp. 29-34
Author(s):  
O. V. Chernova ◽  
◽  
I. V. Мorozova ◽  

The article is aimed at carrying out a comprehensive analysis of the current state of the world energy market, identifying the main problems of its functioning, and substantiating possible ways to solve them. The research considered the structure of the world energy market, provided a description of its main components. The essence of the energy problem is analyzed, the main causes of its occurrence are defined. It is found that the energy problem occupies a significant place among such global problems of humanity as the threat of nuclear war, epidemic, ecological crisis, demographic problems, international terrorism, etc. A dynamic analysis of the use of traditional energy in the world is carried out. It is determined that due to the limited global reserves of natural gas and oil, in the near future it will be impossible to meet the growing demand of humanity for energy resources. The rating of countries that are trying to actively develop green energy at the State level is presented. The main methods of energy saving of leading countries of the world are highlighted. An analysis of the scale of investment in energy efficiency and energy saving of the leading world countries is carried out. It is determined that China is the leader in investments in green energy. During the research, the essence of the concept of «energy security» is disclosed and its main priorities in the application by different countries are specified. The most important aspects of international energy security are defined. The tendencies of further development of the world energy market are highlighted and the main ways of solving energy problems are proposed.


Sign in / Sign up

Export Citation Format

Share Document