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Energy Security along the New Silk Road
Energy Law and Geopolitics in Central Asia

$88.00 USD

Part of Cambridge Studies on Environment, Energy and Natural Resources Governance

  • Date Published: June 2019
  • availability: This ISBN is for an eBook version which is distributed on our behalf by a third party.
  • format: Adobe eBook Reader
  • isbn: 9781108599290

$ 88.00 USD
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About the Authors
  • Guaranteeing energy security is one of the most complex challenges of energy law and policy. Energy insecurity threatens economic development, social peace and stability. This book focuses on energy security in the strategically important region of Central Asia. The region holds huge energy reserves, but its energy systems are highly inefficient and unreliable, and thus require urgent reform. However, endemic corruption, discrimination and the strong centralization of power have so far blocked initiatives to reorganize energy supply. The case of Central Asia is uniquely relevant for understanding the informal constraints on energy law and policy. In addition, Central Asian energy insecurity illustrates the impact of geopolitics on the regulation of energy markets. The region is strategically located in Russia's sphere of influence and along China's New Silk Road. Its energy situation highlights the complex interactions amongst energy law, geopolitics and institutions.

    • Critically discusses legal answers to energy security in a challenging institutional environment and explains the concept of energy security and its application in context
    • Introduces the theory on the reform of energy markets and institutional obstacles to its implementation and makes it accessible to readers by focusing on specific case studies
    • Provides an interdisciplinary approach to energy law by connecting the geopolitics of energy with the regulation of energy markets, and shows how energy law and geopolitics can interact
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    Reviews & endorsements

    'This book fills a substantial gap in our knowledge on the topic of energy security and reform of energy market structures in Central Asia, which has rarely been examined from the perspective of regionalism, law, political economy and geopolitics as one integrated theme. One of the core strengths of this very comprehensive survey of Central Asian energy is the highly thorough manner with which the author guides the reader through key phases of energy market reform, with special focus on the role of local judiciary systems. It also puts in the spotlight the limits of energy market liberalization as initiated by international donors and examines China's Belt and Road Initiative.  Readers will benefit strongly from the author's firsthand knowledge of the subject matter in the Central Asian region and of his understanding of Russian (traditional) and Chinese (new) factors in local decision making processes.' Urban Rusnák, Ambassador and Secretary General of the Energy Charter Secretariat

    'The Belt and Road Initiative, often referred to as the New Silk Road, is a project of enormous dimensions and of great importance to the global economy. One core element of the Belt and Road Initiative is energy, in particular energy security. This is why the oil and gas rich Central Asian countries play a pivotal role. In this book Professor Boute draws together and analyzes the economic, geopolitical and legal aspects of the central role of energy security with respect to Central Asia. He does it in a masterful way. This book establishes him as one of the foremost scholars on energy issues relating to the New Silk Road. His book is required reading for anyone wishing to understand the economic, legal and political dimensions of energy security in the context of the Belt and Road Initiative.' Kaj Hobér, Uppsala universitet, and Chair, SCC Arbitration Institute

    'The geopolitics of the New Silk Road culminate in Central Asia, a region that is key to China's outward resource strategy. Anatole Boute excels in navigating a historically and politically highly complex region. Linking geopolitics back to markets and regulatory governance, the book is also a key reference point for anyone interested in energy politics in Central Asia.' Andreas Goldthau, Royal Holloway, University of London

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    Product details

    • Date Published: June 2019
    • format: Adobe eBook Reader
    • isbn: 9781108599290
    • contains: 9 b/w illus. 1 map
    • availability: This ISBN is for an eBook version which is distributed on our behalf by a third party.
  • Table of Contents

    List of figures
    Preface and acknowledgments
    List of abbreviations
    1. Introduction
    2. Central Asian energy security
    3. Regional energy market reform
    4. Corporate restructuring reform
    5. Reform of the energy market architecture
    6. Tariff reforms
    7. Market reform, consumer protection and energy efficiency
    8. Non-payment and theft
    9. Conclusion
    Select bibliography
    Index.

  • Author

    Anatole Boute, The Chinese University of Hong Kong
    Anatole Boute is an Associate Professor at The Chinese University of Hong Kong specializing in energy law. He has extensive working and academic experience in the Eurasian energy markets (Russia, Central Asia, EU and China), including advisory work for the major development banks. He is the author of Russian Electricity and Energy Investment Law (2015).

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