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Natural gas reserve/production ratio in Russia, Iran, Qatar and Turkmenistan: A political and economic perspective

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  • Esen, Vedat
  • Oral, Bulent

Abstract

In this study, changes in natural gas reserve/production ratio (R/P) of the four countries having the highest natural gas reserves (Russia, Iran, Qatar, Turkmenistan), the importance of which increases in the world market each day due to developing technology and the demand for clean energy, has been analyzed depending on the economic and political developments in national and international fields. Change of R/P ratio depending on years has been displayed on graphics from different sources and these alterations have been tried to be associated with such issues as natural gas agreements in history, handover of political authority, economic crises etc. Therefore; it has been put forward whether or not political and economic changes of the countries are factors on the amount of natural gas production and the discovery of new reserve fields with the addition aim of providing a general overview on natural gas market.

Suggested Citation

  • Esen, Vedat & Oral, Bulent, 2016. "Natural gas reserve/production ratio in Russia, Iran, Qatar and Turkmenistan: A political and economic perspective," Energy Policy, Elsevier, vol. 93(C), pages 101-109.
    • Handle: RePEc:eee:enepol:v:93:y:2016:i:c:p:101-109
    DOI: 10.1016/j.enpol.2016.02.037
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    Cited by:

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    10. AlNemer, Hashem A. & Hkiri, Besma & Tissaoui, Kais, 2023. "Dynamic impact of renewable and non-renewable energy consumption on CO2 emission and economic growth in Saudi Arabia: Fresh evidence from wavelet coherence analysis," Renewable Energy, Elsevier, vol. 209(C), pages 340-356.
    11. Yang, Jinxuan & Rizvi, Syed Kumail Abbas & Tan, Zhixiong & Umar, Muhammad & Koondhar, Mansoor Ahmed, 2021. "The competing role of natural gas and oil as fossil fuel and the non-linear dynamics of resource curse in Russia," Resources Policy, Elsevier, vol. 72(C).
    12. Irena Macherinskiene & Inna Kremer Matyskevich, 2017. "Assessment of Lithuanian Energy Sector Influence on GDP," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 13(4), pages 43-59.
    13. Schach, Michael & Madlener, Reinhard, 2018. "Impacts of an ice-free Northeast Passage on LNG markets and geopolitics," Energy Policy, Elsevier, vol. 122(C), pages 438-448.
    14. Jakub Horak, 2021. "Sanctions as a Catalyst for Russia’s and China’s Balance of Trade: Business Opportunity," JRFM, MDPI, vol. 14(1), pages 1-26, January.
    15. Vitor Miguel Ribeiro & Gustavo Soutinho & Isabel Soares, 2023. "Natural Gas Prices in the Framework of European Union’s Energy Transition: Assessing Evolution and Drivers," Energies, MDPI, vol. 16(4), pages 1-46, February.

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