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Central Asia and South Asia - Energy Cooperation and Transport Linkages (Hardcover)
Loot Price: R1,407
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Central Asia and South Asia - Energy Cooperation and Transport Linkages (Hardcover)
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With Central Asia and the Caspian region having emerged as vital
source of energy supply, there has been a new quest for alternative
and shortest transportation routes to export oil/gas from this
region to other countries, especially the South Asian countries.
The Middle East being in a flux, particularly after the
Iraqconflict, the ongoing Iran imbroglio and now the war in Libya,
energy-importing countries have been diversifying their sources of
supply. Whereas Europe is looking towards Russian supplies, Japan
and Chinaare keen to tap the Russian Far East, Siberia, Kazakhstan
and the Caspian region for their growing energy needs. China needs
to boost its energy consumption by about 150 per cent to maintain
its economic growth rate. For India, with its huge demand for
energy, Central Asia in its extended neighbourhood presents a
potential source of energy. Being the sixth largest energy consumer
in the world, India's crude imports are expected to double in a
decade. India is facing logistic hazards due to lack of common
border with Central Asian countries. The North-South Transport
Corridor which seeks to restore the historic trade of conventional
commodities between South Asia and Central Asia by facilitating
faster and cheaper movement of goods from South Asia to Europe, and
establishing a strategic transport link between Asia and Europe via
Central Asia, Iran and Russia, is also beset with certain problems
on the ground.
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