Revival of the Silk Road in Terms of Energy Trade

Energy Silk Road between China and Central Asia has established a kind of interdependence among the participants. Interdependence among the parties that has initialized with the use of energy trade has transcended to other areas as well. Each party has benefited from this engagement in different way...

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Main Author: İdris DEMİR
Format: Article
Language:English
Published: Gaziantep University 2010-12-01
Series:Gaziantep University Journal of Social Sciences
Subjects:
Online Access:http://dergipark.gov.tr/jss/issue/24245/257049?publisher=gantep
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author İdris DEMİR
author_facet İdris DEMİR
author_sort İdris DEMİR
collection DOAJ
description Energy Silk Road between China and Central Asia has established a kind of interdependence among the participants. Interdependence among the parties that has initialized with the use of energy trade has transcended to other areas as well. Each party has benefited from this engagement in different ways. Central Asian states have huge hydrocarbon potentials which are not explored completely. Central Asian states seek foreign participation in developing their hydrocarbons. In addition, Central Asian states are looking for foreign participants in order to transport their hydrocarbons to consumption markets. In this context, there are many actors that want to be active and influential in Central Asian energy calculations. China has appeared out to be a prominent figure among other actors. China finds an opportunity to access crude oil by participating in equity shares in different production areas of the region. Moreover, China finds an opportunity to buy crude oil from her border neighbors by the use of pipelines. China buys crude oil mainly from the Middle East. Transportation route between China and the Middle East is under the dominance of the navy of the United States. Therefore, China attaches great importance to Central Asian sources and routes. Central Asian states do not want to rely only to Russia and/ or the United States in formulating various alliances. These newly independent states want to establish economic, political and diplomatic relations with different partners. Energy cooperation between China and Central Asian states has proven to be beneficial for both sides in many aspects
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spelling doaj.art-1c0b25eba4a44fb6ae1441871ddb9ecd2023-02-15T16:14:17ZengGaziantep UniversityGaziantep University Journal of Social Sciences2149-54592010-12-0193513532136Revival of the Silk Road in Terms of Energy Tradeİdris DEMİREnergy Silk Road between China and Central Asia has established a kind of interdependence among the participants. Interdependence among the parties that has initialized with the use of energy trade has transcended to other areas as well. Each party has benefited from this engagement in different ways. Central Asian states have huge hydrocarbon potentials which are not explored completely. Central Asian states seek foreign participation in developing their hydrocarbons. In addition, Central Asian states are looking for foreign participants in order to transport their hydrocarbons to consumption markets. In this context, there are many actors that want to be active and influential in Central Asian energy calculations. China has appeared out to be a prominent figure among other actors. China finds an opportunity to access crude oil by participating in equity shares in different production areas of the region. Moreover, China finds an opportunity to buy crude oil from her border neighbors by the use of pipelines. China buys crude oil mainly from the Middle East. Transportation route between China and the Middle East is under the dominance of the navy of the United States. Therefore, China attaches great importance to Central Asian sources and routes. Central Asian states do not want to rely only to Russia and/ or the United States in formulating various alliances. These newly independent states want to establish economic, political and diplomatic relations with different partners. Energy cooperation between China and Central Asian states has proven to be beneficial for both sides in many aspectshttp://dergipark.gov.tr/jss/issue/24245/257049?publisher=gantepÇin Orta Asya enerji boru hattı Rusya Amerika Birleşik DevletleriChina Central Asia energy pipeline Russia United States
spellingShingle İdris DEMİR
Revival of the Silk Road in Terms of Energy Trade
Gaziantep University Journal of Social Sciences
Çin
Orta Asya
enerji
boru hattı
Rusya
Amerika Birleşik Devletleri
China
Central Asia
energy
pipeline
Russia
United States
title Revival of the Silk Road in Terms of Energy Trade
title_full Revival of the Silk Road in Terms of Energy Trade
title_fullStr Revival of the Silk Road in Terms of Energy Trade
title_full_unstemmed Revival of the Silk Road in Terms of Energy Trade
title_short Revival of the Silk Road in Terms of Energy Trade
title_sort revival of the silk road in terms of energy trade
topic Çin
Orta Asya
enerji
boru hattı
Rusya
Amerika Birleşik Devletleri
China
Central Asia
energy
pipeline
Russia
United States
url http://dergipark.gov.tr/jss/issue/24245/257049?publisher=gantep
work_keys_str_mv AT idrisdemir revivalofthesilkroadintermsofenergytrade