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
Lithuanian-led Provincial Reconstruction Team in Chaghcharan was fired at on September 16. PRT personnel did not suffer any injuries.
more »
President Valdas Adamkus accepted letters of credence from Mr. Scott Heatherington, Ambassador of Canada.
more »
Minister of National Defence Juozas Olekas signed an order on discontinuation of compulsory basic military service, September 15.
more »
President of the Republic of Lithuania Valdas Adamkus sent congratulations on behalf of himself and the people of Lithuania to President Felipe Calderón of Mexico and all Mexican people on the Independence Day.
more »
Prime Minister Gediminas Kirkilas is leaving for Brussels on a working visit on Wednesday, 17 September, and is scheduled to meet heads of the European Commission, the European Parliament and NATO to discuss energy, international security, and climate change issues.
more »
President of the Republic of Lithuania Valdas Adamkus presented letters of credence to Mr. Gediminas Šerkšnys as Lithuania’s Ambassador Extraordinary and Plenipotentiary at the Council of Europe.
more »
Participants of the meeting exchanged opinions on possibilities to increase the use of biofuel and municipal waste for heat and electricity production in Lithuania.
more »
On the occasion of celebration of the millennium of lithuania’s name, foreign ministry will use special blanks for documents.
more »
On 8 September, Lithuanian Ambassador to international organisations in Vienna Renatas Norkus presented credentials to Director General of the International Atomic Energy Agency (IAEA) Mohamed ElBaradei.
more »
President Valdas Adamkus extended congratulations on behalf of the people of Lithuania and himself to President Asif Ali Zardari of Pakistan on the occasion of his inauguration and wished him every success in discharging the important duties of the presidential office.
more »