Energy investment and trade opportunities emerging, in Central Asia, Northwest China

The most important obstacle facing Central Asia and Northwest China is limited infrastructure for transporting energy. But there are other problems holding back oil and gas development. While Central Asia is poised to become a major world supplier of energy, especially oil and gas, countries in the...

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Bibliographic Details
Published inThe Oil & gas journal Vol. 96; no. 24; p. 48
Main Authors Dorian, James P, Abbasovich, Tojiev Utkur, Tonkopy, Mikhail S, Jumabekovich, Obozov Alaibek, Qiu Daxiong
Format Magazine Article
LanguageEnglish
Published Nashville Endeavor Business Media 15.06.1998
Subjects
Cooperation
Crude oil
Economic development
Economic growth
Electricity
Energy
Energy industry
Energy resources
Energy shortages
Exports
Foreign investment
Government
Hydrocarbons
Hydroelectric power
Infrastructure
International trade
Manycountries
Market potential
Market prices
Natural gas
Natural gas industry
Natural gas reserves
Oil consumption
Oil reserves
Petroleum industry
Petroleum production
Pipelines
Sulfur content
Asia
China
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Summary:The most important obstacle facing Central Asia and Northwest China is limited infrastructure for transporting energy. But there are other problems holding back oil and gas development. While Central Asia is poised to become a major world supplier of energy, especially oil and gas, countries in the region emphasize energy self sufficiency at the expense of developing new trading linkages. Governments therefore tend to ignore the benefits of regional cooperation and remain reluctant to commit to area-wide trade and other forms of cooperation. Yet several factors suggest that increased regional cooperation in oil and gas in Central Asia is both possible and necessary.
Bibliography:content type line 24
ObjectType-Feature-1
SourceType-Magazines-1
ISSN:0030-1388
1944-9151