Central Asia, China, Coal, India, Nabucco Project, Natural Gas, Oil, Oil Refinery, Russia, Security

The Other Energy Superpower: Central Asia? (Part II of II)

Although Kazakhstan, Turkmenistan, and Uzbekistan have the capacity to significantly influence the energy sector, their current development of oil, natural gas, and coal are too varied and many obstacles still stand in the way before they can be coined an “Energy Superpower.”

So, what are these obstacles?

Geopolitical

Central Asia’s geographical location is landlocked: Russia to its north, China to its east, the Middle East to its south, and Eastern/Western Europe to its east. Of the three major resource-rich countries in Central Asia, only Kazakhstan and Turkmenistan have access to the Caspian Sea which has the  potential to link them to the world energy market via the Black Sea.

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Central Asia, Coal, Natural Gas, Oil

The Other Energy Superpower: Central Asia? (Part I of II)

Ask anyone where fossil fuels come from today and they will probably say Canada, Qatar, Australia, Saudi Arabia, or the United Arab Emirates. This is not surprising seeing how these countries are the current leaders in exporting oil, natural gas, and coal in the world and will continue to do so over the next decade. However, what about countries that have not fully exploited their fossil fuels yet?

Central Asia is one such region that has been often neglected by the international media and investors. But how much oil, natural gas, and coal reserves do countries in this area of the world actually have?

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