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In 2018, exports of fuel and energy commodities increased by nearly 36%t as compared to the previous year, while growth in non-oil and gas exports amounted to over 11%. However, it was mainly facilitated by improvement of the pricing situation on the market. Within a year, imports rose by 5%...
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East Asia is the world's main natural gas importing region, in which China became the world's largest gas importer in 2018. However, China's natural gas imports are subject to a high premium level, which increases the gas import cost and negatively impacts China's energy structure transformation...
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The main objective of this study was to investigate the impact and causality of crude oil and natural gas on economic growth in the Caspian Sea region. Here, the study applies ordinary least square (OLS) method and Granger causality test using time series data from 1997 to 2015 to ascertain the...
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