Geri Anasayfa


An Energy Resource Its Geo-Economic Importance Has Gradually Been Increasing Natural Gas

This research investigates the geo-economic importance of natural gas. The study is descriptive and findings have been obtained through literature review methods. According to the findings all over the world, particularly in the Northern Hemisphere consumption of natural gas has fast grown up. The consumption increased by 65% between 1989 and 2009, and new countries have been included in the list of importer countries. Due to the existence of important natural gas resources and production places particularly in Russian Federation, Caspian Basin, and Middle East and intensive demand for obtaining natural gas has made this energy source as a worldwide commercial product. In 2009 such that 30% of the world natural gas production was considered in international trade. Again in the same year, more than half of the total exportation of natural gas (57%) was carried out by five countries, in particular the Russian Federation. In recent years, countries without sufficient energy resources such as European Union and Japan as well as China and Turkey as emerging economies have become dependent to natural gas energy rich countries. In the near future, it is expected that this dependence would be increased, such as natural gas importation of the EU will be 95% in 2030. Therefore, this situation requires conducting comprehensive plans, projects, investments and international agreements. On the other hand, there has been a big geo-economic struggle among the worldwide and regional powers, thus, strategic importance of resource rich places such as Caspian Basin, Middle East and North Africa and other countries which are on the energy route have been increasing

Geopolitics of energy, Demand and security of energy, Caspian Basin, Russian Federation.