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      Pooling Regional Energy between China, Iran, Pakistan, Turkey, and Russia

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            Abstract

            This paper assesses the energy requirements and potential of China, Iran, Pakistan, Russia, and Turkey in the context of the geostrategic locations of these countries. It notes that the demand, potential, andactual supply of energy in these countries make a viable prospect for a framework, whereby these countries pool their energy together for the benefit of each country. While there are certain initiatives already in place, there is potential for more bilateral or regional energy-sharing initiatives. The current and proposed frameworks of energy-sharing have laid an infrastructure of pipelines or communication corridors. Based on these factors, the paper proposes an energy corridor between these countries, titled ‘Golden Ring Energy Corridor’ (GREC). This corridor will connect the ‘golden ring countries’ to enable energy trade through pipeline, land, and sea routes among these states. A strength, weaknesses, opportunities, and threats (SWOT) analysis of the proposed corridor takes account of the various internal and external factors that have the potential to contribute positively or negatively towards the completion and viability of this corridor. Some countermeasures have also been suggested so that the implementation of this corridor can be realized.

            Content

            Author and article information

            Journal
            Policy Perspectives
            1812-7347
            30 June 2022
            : 19
            : 1
            : 35-64
            Affiliations
            [1 ] King Mongut University, Thonburi, Thailand; Golden Ring Economic Forum (GREF), Lahore, Pakistan.;
            Article
            10.13169/polipers.19.1.ra2
            319b7a43-fe28-4b02-b565-eec90f5c9ba6
            © 2022 Moaz Altaf

            Published under Creative Commons Attribution 4.0 International ( CC BY 4.0). Users are allowed to share (copy and redistribute the material in any medium or format) and adapt (remix, transform, and build upon the material for any purpose, even commercially), as long as the authors and the publisher are explicitly identified and properly acknowledged as the original source.

            History

            China-Iran-Pakistan-Turkey and Russia Energy Corridor,China-Pakistan Economic Corridor (CPEC),Central Asian Republics (CARs),SWOT, Energy Strategy,Energy-Sharing Initiatives,TAPI

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