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Natural gas reserve/production ratio in Russia, Iran, Qatar and Turkmenistan: A political and economic perspective


  • Esen, Vedat
  • Oral, Bulent


In this study, changes in natural gas reserve/production ratio (R/P) of the four countries having the highest natural gas reserves (Russia, Iran, Qatar, Turkmenistan), the importance of which increases in the world market each day due to developing technology and the demand for clean energy, has been analyzed depending on the economic and political developments in national and international fields. Change of R/P ratio depending on years has been displayed on graphics from different sources and these alterations have been tried to be associated with such issues as natural gas agreements in history, handover of political authority, economic crises etc. Therefore; it has been put forward whether or not political and economic changes of the countries are factors on the amount of natural gas production and the discovery of new reserve fields with the addition aim of providing a general overview on natural gas market.

Suggested Citation

  • Esen, Vedat & Oral, Bulent, 2016. "Natural gas reserve/production ratio in Russia, Iran, Qatar and Turkmenistan: A political and economic perspective," Energy Policy, Elsevier, vol. 93(C), pages 101-109.
  • Handle: RePEc:eee:enepol:v:93:y:2016:i:c:p:101-109
    DOI: 10.1016/j.enpol.2016.02.037

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    Cited by:

    1. Dudlák, Tamás, 2018. "After the sanctions: Policy challenges in transition to a new political economy of the Iranian oil and gas sectors," Energy Policy, Elsevier, vol. 121(C), pages 464-475.
    2. Shule Li & Jingjing Yan & Qiuming Pei & Jinghua Sha & Siyu Mou & Yong Xiao, 2019. "Risk Identification and Evaluation of the Long-term Supply of Manganese Mines in China Based on the VW-BGR Method," Sustainability, MDPI, Open Access Journal, vol. 11(9), pages 1-23, May.
    3. Irena Macherinskiene & Inna Kremer Matyskevich, 2017. "Assessment of Lithuanian Energy Sector Influence on GDP," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 13(4), pages 43-59.
    4. Schach, Michael & Madlener, Reinhard, 2018. "Impacts of an ice-free Northeast Passage on LNG markets and geopolitics," Energy Policy, Elsevier, vol. 122(C), pages 438-448.

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    Natural gas; R/P ratio; Russia; Iran; Qatar; Turkmenistan;


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