PROSPECTS FOR COOPERATION BETWEEN NEW SILK ROAD COUNTRIES IN THE ENERGY SECTOR

As the present article argues implementation of the mega-project called "New Silk Road" will not only make it possible to increase trade between Asia-Pacific countries and Europe, but it might also become a mechanism for learning from one another with regard to the climate policy by means of giving the go ahead to different scientific studies resulted from a number of new ecology obligations of the Paris climate summit member states with China included. The obligations fixed civilized motivation of the ones to reduce greenhouse gas emission. The environment policy and regulation of the market define the structure of the countries energy balance and as the future of each type of fuel.
Natural gas, the cleanest fossil fuel, might soon enter a new epoch dealing with its role in treating environmental problems, which most developing Asian markets have faced lately. The concentration of major gas production centers in the region stands for potential competition in the region.