Kazakhstan is poised to become a major supplier of petroleum to the Western world and a competitor to OPEC.
Published:
31 July 2001 y., Tuesday
Former U.S. Ambassador to the United Nations Bill Richardson states that of all the former Soviet Union states, "few offer the promise of Kazakhstan. In terms of both economic potential and political stability, Kazakhstan is critical to the long-term success of the Central Asian nations."
As a result, the West should try to ensure that it continues to adopt political and market reforms. He notes that since its independence in 1991, Kazakh leaders have made the difficult decisions necessary to move their country forward. He writes: "Kazakhstan has begun to prosper by working to build a modern economy, developing its vast natural resources and providing a base of stability in a very uncertain part of the world. With the discovery of the massive Kashagan oil field in the Kazakh portion of the Caspian Sea, Kazakhstan is poised to become a major supplier of petroleum to the Western world and a competitor to Organization of Petroleum Exporting Countries (OPEC)."
Richardson says that while many more challenges lie ahead for this emerging nation, there are enormous opportunities for its future political and economic success.
Šaltinis:
THE WASHINGTON TIMES
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Kabul residents express mixed views on their country's future security ahead of U.S. President Barack Obama's announcement of a withdrawal plan.
more »
The U.S Food and Drug Administration will release graphic warning labels for cigarette packages this week, to remind the American public about the dangers of smoking, moving away from the smaller print warnings currently found on cartons.
more »
Amateur video footage shows the immediate aftermath of Russian plane crash. There were 52 passengers and crew aboard the Tupolev-134 when it went down on Monday night.
more »
Israel's Arava Power Company has unveiled the country's first commercial solar field. The firm, which is investing almost $2 million on building a series of plants across the Negev desert hopes to start a "Solar Revolution" in the largely arid country.
more »
Shape-shifting robot mannequins are being used by an Estonian company to help solve one of the biggest problems for the online clothing industry - giving customers clothes which fit properly.
more »
NASA releases video of a solar flare erupting from the sun.
more »
Residents of the Argentine town of Villa la Angostura are warned to stay inside after a blanket of volcanic ash descends.
more »
An energy efficient home, measuring just 3 metres cubed, is helping people realise how to cut their carbon footprint.
more »
Remote, windswept Macquarie Island in the Southern Ocean is being purged of its rabbits in a massive eradication programme designed to reverse more than a hundred years of environmental destruction.
more »
Space Shuttle Endeavour lands at the Kennedy Space Station in Florida for the last time after completing its mission to the International Space Station, as Space Shuttle Atlantis prepares for NASA’s last shuttle mission.
more »