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Home » Business and Economics, Turkmenistan

You are wrong “Chevron”

Written by on Thursday, 8 November 2007
Business and Economics, Turkmenistan
One Comment

Epigraph:

“Nobody likes oil corporations but eveybody would love to be hired by them…”

Roman Abramovich

  

“Chevron” – one of the largest oil companies in the world came up with this interesting statement:

The fact is, the vast majority of countries rely on the few energy-producing nations that won the geological lottery, blessing them with abundant hydrocarbons. And yet, even regions with plenty of row resources import some form of energy.

Saudi Arabia, for example, the world’s largest oil exporter, imports refined petroleum products like gasoline.

Russia imports electricity, natural gas and coal, Norway – gasoline, electricity and coal, UAE – gasoline and natural gas…

There are 193 countries in the world.
None of them are energy independent.

It sounds as very impressive and absolutely incontrovertible fact. But only if we don’t know that there is as minimum one exception to the Chevron’s rule – Turkmenistan.

The country is so lavishly blessed by winning in geological lottery that wishes only for one thing – not to lose in geopolitical lottery. Unfortunately it is not the nature that dictates the rules of the latter. 

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