The gas-rich Central Asian nation of Turkmenistan, on Sunday (March 26) held voting for its parliamentary elections. The polling stations closed at 7:00 pm (local time), with the turnout being an estimated 91.12 per cent of the 3.5 million eligible voters, said the country’s Central Elections and Referendums Board.
Candidates in the presidential elections in Turkmenistan – News Central Asia (nCa) newscentralasia.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newscentralasia.net Daily Mail and Mail on Sunday newspapers.
Modern Diplomacy
Since the collapse of the Soviet Union, crude oil and natural gas have been playing a key role in the geopolitics of the Caspian region. Hydrocarbon revenues became an important source of economic growth for the Caspian Basin countries such as Azerbaijan, Kazakhstan, and Turkmenistan. Shortly after gaining independence in the early 1990s, the Caspian states implemented energy policies that protect their national interests. According to the BP 2020Statistical Review of World Energy total proved energy reserves of the Caspian states are: Kazakhstan has30.00 billion barrels of oil and 2.7 trillion cubic meters of gas, Azerbaijan 7.00billion barrels of oil and 2.8 trillion cubic meters of gas, and Turkmenistan 0.6billion barrels of oil and 19.5 trillion cubic meters of gas.