publication . Article . 2008

Russia's projects and investments in Central Asia: the oil and gas industry

Paramonov, Vladimir; Strokov, Aleksei;
Open Access Russian
  • Published: 01 Jan 2008 Journal: Central Asia and the Caucasus (issn: 1404-6091, Copyright policy)
  • Publisher: Central Asia & Central Caucasus Press AB
Abstract
In the 1990s, Russia's projects and investments in the Central Asian oil and gas industry were mainly concentrated in Kazakhstan, while its interest in other states of the region were minimal. When Vladimir Putin became Russian president in 2000 and the price of hydrocarbons steadily rose, Central Asia's importance abruptly increased. This caused the Russian Federation and Russian oil and gas companies to drastically step up their activity not only in Kazakhstan, but also in Turkmenistan and Uzbekistan. Russia has also started to show a much greater interest recently in two other states-Kyrgyzstan and Tajikistan-despite their low oil and gas potential. Moscow's ...
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