Can a Shale Gas Revolution Save Central and South Asia?
Jennifer Brick Murtazashvili ()
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Jennifer Brick Murtazashvili: University of Pittsburgh
A chapter in The Global Impact of Unconventional Shale Gas Development, 2016, pp 171-197 from Springer
Abstract:
Abstract This chapter explores how the potential for shale gas might affect the energy landscape in the countries of Central and South Asia. Although three countries in the region—India, Kazakhstan, and Pakistan—feature significant unconventional gas reserves, none of these countries has supported drilling for these resources in any significant way. This chapter explores the reasons for the lack of active drilling, including economic and security constraints as well as the absence of a coherent policy framework in these countries that would encourage foreign investors to actively engage in the development of shale gas. Furthermore, many countries in the region—especially Kazakhstan, Turkmenistan, and to some extent Uzbekistan—maintain abundant conventional oil and gas supplies that reduce the urgency to develop shale gas resources. Finally, the US government has actively promoted a “Silk Road” strategy to link the economies of Central and South Asia. Part of this strategy involves the encouraging countries of Central Asia to export gas and excess hydroelectric power via Afghanistan to the countries of South Asia.
Keywords: Energy Information Administration; Central Asian Country; Cambay Basin; China National Petroleum Corporation; Shale Basin (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:nrmchp:978-3-319-31680-2_8
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DOI: 10.1007/978-3-319-31680-2_8
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