PROSPECTS FOR ENERGY COOPERATION OF THE COUNTRIES OF THE CASPIAN REGION IN THE FIELD OF OIL AND GAS DEVELOPMENT

  • E. Gasumov Azerbaijan Technical University
Keywords: Caspian region, gas production, hydrocarbons, gas projects, fields, reserves gas, gas pipelines.

Abstract

The article discusses the features of the development of oil and gas fields in the Caspian region by the coastal states. The analysis of the participation in various years of large international companies in the development of oil and gas fields in the waters of the Caspian Sea is carried out. The development of the resource base of hydrocarbon raw materials in the countries of the Caspian region associated with the discovery of new geological structures is considered. Aspects of how the countries of the Caspian region have become full-fledged exporters of hydrocarbons are outlined. The main aspects of the great prospects for the development of the Caspian countries and possible steps in bringing to a new stage of cooperation between the states of the region in the energy, transport and communication spheres are stated. It is indicated that the joint development of the shelf hydrocarbons, which are of international and regional importance, serves to strengthen dialogue and cooperation on dividing the bottom of the Caspian Sea.

Author Biography

E. Gasumov , Azerbaijan Technical University

doctoral student 

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Published
2021-04-02
How to Cite
Gasumov , E. 2021. “PROSPECTS FOR ENERGY COOPERATION OF THE COUNTRIES OF THE CASPIAN REGION IN THE FIELD OF OIL AND GAS DEVELOPMENT ”. EurasianUnionScientists 5 (2(83), 12-19. https://doi.org/10.31618/ESU.2413-9335.2021.5.83.1266.