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

... 2015 (in comparison with 73,4% in 2014). The export structure to the countries of Commonwealth of Independent States (CIS countries) differs, but the major part still belongs to hydrocarbons (39,5% in 2015 and 43,6% in 2014) [4] . The share of oil and gas sector in federal budget income was 42% in 2015 (5,862 bn ₽ out 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 ...