Russia and China should worry.
Kazakhstan, Turkmenistan, Uzbekistan need to redirect investment flows as combustibles’ future spells doom
The wider Caspian region, which comprises the Caspian littoral states and the lands to their east, is sitting on a vast riches of subsoil resources of which combustibles are made to quench the world’s ever increasing thirst for energy. Those who dedicate their lives and/or cash to such resources hardly ever miss an occasion to stress the need for them, downplaying the growing importance of alternative resources, located not under but on and above the earth’s surface and being infinite.
Supporters of action to stop climate change have thanked the French president, after he declared he plans to host a climate change summit, two years after the landmark Paris accord.
Liquefied natural gas (LNG) will have a hard time competing against piped gas which will be cheaper in most cases, therefore US LNG exports will not make the Southern Corridor obsolete, Gal Luft, co-director of the Institute for the Analysis of Global Security (IAGS), a Washington based think tank focused on energy security, and a senior adviser to the US Energy Security Council.
Kazakhstan has continued investments in renewable energy sources and will to expand these volumes as it moves forward.
US President Donald Trump's ambitions to achieve “energy revolution” will destabilize energy markets, Cyril Widdershoven, a Middle East geopolitical specialist and energy analyst, a partner at Dutch risk consultancy VEROCY and SVP MEA-Risk.
Uzbekistan’s President Shavkat Mirziyoyev and President and CEO of PJSC LUKOIL Vagit Alekperov, who arrived in Tashkent for a working visit, discussed the implementation of current projects and preparation for prospective projects in the oil and gas sector.
The European Union's strategy for diversifying Europe's gas supply is being implemented around such priorities as the development of the Southern Gas Corridor, the creation of a liquefied gas hub in the Mediterranean, and also by expanding access to liquefied natural gas and gas storage facilities. To achieve this, the European Commission approved the strategy in February 2016.
National Nuclear Centre of Kazakhstan completed June 9 the first stage of physical launch of Kazakh Tokamak for Material Testing (KTM), a nuclear fusion reactor developed jointly with Russia and at the instruction of Kazakhstan President Nursultan Nazarbayev.
Gas supplies from Azerbaijan and US important for EU energy security – Polish energy ministry (exclusive)
Liquefied natural gas (LNG) supplies from the US to the Eastern Europe which were launched last week and gas supplies from Azerbaijan expected starting from 2020, are very important for European energy security, a source in the Bureau of Polish Energy Minister told .