Emergence of geopolitical hotspots in oil zones

Due to the continuous increase in population of our planet, as well as the rapid industrial development of a number of large and densely populated countries, the demand for oil as the main source of energy will only grow. Since oil is a non-renewable natural resource, and nine out of ten sources of...

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Main Authors: Proroković Dušan, Kilibarda Zoran
Format: Article
Language:English
Published: Ministry of Defence of Serbia - Military Publishing House, Belgrade 2015-01-01
Series:Војно дело
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/0042-8426/2015/0042-84261504007P.pdf
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author Proroković Dušan
Kilibarda Zoran
author_facet Proroković Dušan
Kilibarda Zoran
author_sort Proroković Dušan
collection DOAJ
description Due to the continuous increase in population of our planet, as well as the rapid industrial development of a number of large and densely populated countries, the demand for oil as the main source of energy will only grow. Since oil is a non-renewable natural resource, and nine out of ten sources of oil have already been discovered and put under exploitation, only one question remains: when will the oil disappear? This is why a large number of authors address the issue of the 'peak oil'. This term describes the moment when oil production reaches its peak, or its highest possible value. After that, a continuing decline in the exploitation and production is to begin, which will end up with the complete depletion of all reserves on the planet. According to the analyzed indicators, we are just witnessing the 'peak oil', which affects the price of crude oil. As of 2000 until today it has increased six times in the world market. High profits are attracting the growing interest of leading geopolitical players and big capital to control or to increase the exploitation of this resource. In the long run, this may destabilize the seven oil zones - geopolitical hotspots - and lead to conflicts between the key geopolitical players.
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spelling doaj.art-a66fb6e9ecb642b4a87448b7a80889a12023-10-10T13:42:59ZengMinistry of Defence of Serbia - Military Publishing House, BelgradeВојно дело0042-84262683-57032015-01-0167472310.5937/vojdelo1504007P0042-84261504007PEmergence of geopolitical hotspots in oil zonesProroković Dušan0https://orcid.org/0000-0003-3064-2111Kilibarda Zoran1Univerzitet 'Union - Nikola Tesla', Fakultet za diplomatiju i bezbednost, Beograd, SerbiaUniverzitet u Beogradu, Fakultet bezbednosti, SerbiaDue to the continuous increase in population of our planet, as well as the rapid industrial development of a number of large and densely populated countries, the demand for oil as the main source of energy will only grow. Since oil is a non-renewable natural resource, and nine out of ten sources of oil have already been discovered and put under exploitation, only one question remains: when will the oil disappear? This is why a large number of authors address the issue of the 'peak oil'. This term describes the moment when oil production reaches its peak, or its highest possible value. After that, a continuing decline in the exploitation and production is to begin, which will end up with the complete depletion of all reserves on the planet. According to the analyzed indicators, we are just witnessing the 'peak oil', which affects the price of crude oil. As of 2000 until today it has increased six times in the world market. High profits are attracting the growing interest of leading geopolitical players and big capital to control or to increase the exploitation of this resource. In the long run, this may destabilize the seven oil zones - geopolitical hotspots - and lead to conflicts between the key geopolitical players.https://scindeks-clanci.ceon.rs/data/pdf/0042-8426/2015/0042-84261504007P.pdfoilpeak oiloil zonesgeopolitical hotspots
spellingShingle Proroković Dušan
Kilibarda Zoran
Emergence of geopolitical hotspots in oil zones
Војно дело
oil
peak oil
oil zones
geopolitical hotspots
title Emergence of geopolitical hotspots in oil zones
title_full Emergence of geopolitical hotspots in oil zones
title_fullStr Emergence of geopolitical hotspots in oil zones
title_full_unstemmed Emergence of geopolitical hotspots in oil zones
title_short Emergence of geopolitical hotspots in oil zones
title_sort emergence of geopolitical hotspots in oil zones
topic oil
peak oil
oil zones
geopolitical hotspots
url https://scindeks-clanci.ceon.rs/data/pdf/0042-8426/2015/0042-84261504007P.pdf
work_keys_str_mv AT prorokovicdusan emergenceofgeopoliticalhotspotsinoilzones
AT kilibardazoran emergenceofgeopoliticalhotspotsinoilzones