The Structure of Energy Politics in the South Caucasus: Grounds for Consolidation or Cooperation?

... of 13,655 bn ₽) [5] . Hydrocarbons play even greater role in the export structure of Kazakhstan than in Russia. According to the data from the National agency on export and investments “Kaznex Invest,” the share of primary resources in Kazakhstan exports amounted to 78% in 2014 [6] . The share of oil and gas sector in federal budget income was 44% in 2014 [7] . Transit countries (such as Belarus) play no lesser role in the concept of energy security. Their energy security policy has to take into account the interests of importing and exporting actors - the availability of energy sources, affordable pricing, and the security of demand. Currently the common energy policy of the EEU ...