Articles

November 16, 2015

Current Challenges for the Kashagan Offshore Oil Field Project

The Kashagan oil field in the Caspian Sea is a largely known oil field outside the Middle East and the fifth largest oil field in the world regarding the reserves. Discovered in 2000, it is the largest new oil deposit found in the last 30 years. Kashagan has potential reserves […]
November 10, 2015

OPEC and Non-OPEC Members Meeting: No Agreement Reached

Technical experts of the Organization of Petroleum Exporting Countries (OPEC) had a meeting on October 21, 2015, in Vienna to discuss the current situation of the steady reduction in crude oil prices in the world markets. The OPEC had invited eight non-OPEC oil-producer countries to take part at the expert […]
October 15, 2015

The Relation Between Financial Instability And Income Inequality In China

In the Chinese economy, high income which has caused an inequality in welfare distribution has led the economy to transfer from a centrally-planned economy to an increasingly market-oriented economy. The high degree of inequality in the Chinese economy results from mainly real factors such as rapid trade integration, technology, human […]
October 1, 2015

Special Working Group on Caspian Sea Legal Status Meeting: Results and Prospects

The Special Working Group (SWG) for drafting a Convention on the legal status of the Caspian Sea at the level of deputy foreign ministers of the littoral states met for its 41st session in Moscow on September 8-10. The talks were attended by delegations from Azerbaijan, Iran, Kazakhstan, Russia and […]
August 17, 2015

Current Situation over the AGRI Project (Azerbaijan-Georgia-Romania Interconnector)

The inter-ministerial meeting of the participating states of the AGRI project (Azerbaijan-Georgia-Romania Interconnector) was held in Bucharest on June 24, 2015. During the meeting, the Ministers of the energy sector in charge of the liquefied natural gas project discussed the outcomes of the feasibility study and opportunities for financing. In […]
June 8, 2015

New Phase of the Caspian Sea Delimitation

At the end of May 2015, it became widely known that Astana and Ashgabat signed a draft decree on ratification of the Agreement between Kazakhstan and Turkmenistan on the delimitation of the Caspian Sea. The Mejlis of Turkmenistan reviewed and approved a draft law on ratification of the Agreement on […]
June 4, 2015

Have The Central Asian Labor Migrants Been Leaving Russia?

2015 will be hard for Central Asian migrants since the depreciation of Ruble against the US dollar by 45% percent has caused a reduction of 40% percent in their incomes. Besides, the cost of monthly payment of working permit has been tripled from 1200 Ruble to 4000 Ruble and two […]
March 19, 2015

General Environmental Impacts of Subsea Pipelines

In our fossil fuel dependent community oil and gas transportation via subsea pipelines is an important link in the chain of the petroleum industry. Although for some, a construction of offshore pipelines is an opportunity to safely and cheaply deliver oil and gas to a customer, for the others, the […]