THE OIL AND GAS COMPLEX OF EURASIA: PROBLEMS AND PROSPECTS

Abstract

The relevance of the research is determined by trends in the formation of new energy flow routes from the Caspianregion and Central Asia to Europe and South Asia. The methods of research included the functional analysis, the correlation method, the induction and deduction methods, the critical reasoning and the problem-oriented approach. The paper assesses the prospective global oil price band for the medium-term period of two years. The leading role of the CIS oil and gas complex in providing the global markets with energy resources is highlighted.The balance of energy resources of the CIS countries is considered. A multiplicative approach to the development of energy resources in the Caspian region is proposed. The method for calculating the distribution of shares in the Caspian Sea energy resources development project among its members, with account for the Caspian Seawatershed coefficient is developed.It is proposed to establish an electrical energy alliance including countries of the Caspian region and Central Asia.

Keywords

• oil
• natural gas
• energy resources
• hydrocarbons
• oil and gas complex
• balance
• export
• electric energy alliance
• eurasian countries