The increasing use of energy in the contemporary international system has made the countries located along the transmission route more important. The effort to transform the way in which more
Negotiations for the Caspian Sea legal regime began almost immediately after the collapse of the former Soviet Union, but at the beginning of the process there were no negotiations on
China is self-sufficient in many respects in the old oil industry, but it still needs foreign equipment and imported advanced technologies to extract and explore oil resources. These are China’s
In recent years, thanks to the development of Turkey’s transit fleet and the emergence of a vibrant and active private sector in this sector, Turkey has been able to take
The Chinese economy has recently boosted its foreign exchange earnings and substantially increased its currency reserves. The increase in China’s foreign exchange reserves and resources has provided the government with
Russia as a country has been able to come to the forefront of the international arena in recent times, especially since Vladimir Putin came to power, and then in 2000
The principle governing the world oil market is, simply put, supply and demand. When there is a balance between supply and demand in the oil market, prices remain stable. Based
In 2017, according to the US Energy Information Administration, Saudi Arabia, following Russia, Iran and Qatar, had the fourth-largest natural gas reserves in the world. According to the US Energy
The US’ withdrawal from the JCPOA and declaration of a new set of sanctions has been hard to swallow for those planning Iran’s energy sector, as they had been relying
Over the past few decades, the share of natural gas in the global fuel basket has grown considerably. All predictions point to gas becoming the largest source of energy in
As a country with a strong dependence on oil and gas imports, Turkey is pursuing a developmental strategy for domestic resources which includes a renewable energy agenda alongside increases in
Energy, mainly from oil exports, is one the main foundations on which Sino-Iranian relations are built. China’s growing economy needs energy from reliable sources, and Iran’s huge oil and natural
