Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Cheap gas key to unlocking new markets
Weaning poorer regions off coal means gas needs to be abundant and competitive longer term
Do not underplay China’s long-term gas growth narrative
A subdued market amid global trade tensions is just an aberration in gas’ upward trajectory
Is a Russia-Iran gas deal on the horizon?
Russia has ample spare gas, and Iran needs it, but sanctions and pricing pose steep hurdles.
Europe’s hard choices on gas security
EU half measures over storage regulation, geopolitical risks to ending Russian gas, power outage questions and China’s LNG resale leverage make for a challenging path ahead.
China’s critical gas position
China will play a huge role in driving gas demand, with its Qatar partnership crucial to this growth amid global structural challenges
Petro Matad plans Mongolian oil in 2022
Production from the Heron field could peak at 9,000bl/d and feed both exports and the domestic market
Licensing round December update
The industry's most comprehensive list of current and recent rounds for onshore and offshore licences
Giant oil and gas discoveries may prove irrelevant
The energy transition is increasing the risk of huge discoveries becoming stranded indefinitely
Cnooc expands production
Chinese state-controlled firm continues to bring new fields online to lift output
Mol’s upstream positions for the long term
The oil and gas division wants a role beyond just providing cash for the group to pivot to lower-carbon alternatives
Moscow still has significant political and economic sway in Central Asia
Kazakhstan Uzbekistan Turkmenistan Tajikistan Azerbaijan China Russia Kyrgyzstan
Simon Ferrie
16 August 2022
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Between East and West: Central Asia at a crossroads

The region holds huge gas and oil reserves, but getting those resources to market poses challenges

Geopolitical factors present challenges and opportunities for the resource-rich nations of Central Asia. The region is situated between the demand centres of Europe and China, but  hemmed in by what are—at least in the West—international pariah states in Russia and Iran. It is also cut off from easy access to open oceans and hence reliant on pipelines to access markets. Moscow still has significant political and economic sway in these former Soviet republics, further complicating the geopolitical balancing act for governments, NOCs and IOCs since the Ukraine invasion. And the region’s autocrats in recent years have ranged from the relatively competent and business-friendly to the brutal, cor

Also in this section
Trump not stopping US momentum on methane emissions (2)
10 June 2025
There has been a flourishing of non-governmental initiatives aimed at incentivising voluntary action on emissions over the past five years, and momentum is not slowing down.
Cheap gas key to unlocking new markets
9 June 2025
Weaning poorer regions off coal means gas needs to be abundant and competitive longer term
LNG faces promises and perils ahead
9 June 2025
LNG has opportunities to expand in established markets and access new ones, but the sector’s outlook is also fraught with uncertainties, from political and regulatory difficulties to chokepoints, project delays and cost overruns, says the IGU
Do not underplay China’s long-term gas growth narrative
6 June 2025
A subdued market amid global trade tensions is just an aberration in gas’ upward trajectory

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search