Development and Use of Policy Instruments and Tools for Effective Energy Diplomacy of the Republic of Kazakhstan and the United States

Bekbolat Almadiev, Karlygash Nugumanova, Diana Ismailova

Abstract


The article describes the development and use of policy instruments and tools for energy cooperation promotion between Kazakhstan and the United States. The role of energy diplomacy in foreign policy strategy of the Republic of Kazakhstan is due to the progressive growth of the relationship between the economic interests of Kazakhstan and the US. The main objectives of the energy policy of the Republic of Kazakhstan are: the internal energy market formation, energy supplies on a competitive basis and energy security provision, as well as the improvement of the environmental sustainability of the energy. Modern American transnational enterprises have at their disposal significant financial resources, technological and managerial capacity. They are able to develop oil and gas fields effectively in the Republic of Kazakhstan with the least financial costs and minimal environmental damage.

DOI: 10.5901/mjss.2015.v6n5s2p336


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Mediterranean Journal of Social Sciences ISSN 2039-9340(Print) ISSN 2039-2117(Online)

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