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
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
28 April 2026
Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls
28 April 2026
Datacentres will guzzle power at a ferocious rate, but the impact on wider energy markets will be far more complex than previously thought
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security






