Tajikistan in 2012: a year in review
News analysis by Mark Vinson (JAMESTOWN/UNIVERSAL)
"The year 2012 did however bring some good news for Tajikistan’s hopes of energy security with the news of the discovery of potentially huge hydrocarbon reserves in the Bokhtar region. The find was announced earlier this summer by the Canadian firm Tethys Petroleum and was deemed credible enough to attract investment from both the French energy giant Total and China’s National Oil and Gas Exploration and Development Corporation (CNODC).
While further exploration needs to be done, the potential reserves of oil and gas are estimated to be more than enough to make Tajikistan a net exporter of hydrocarbons. Such a development would free Dushanbe from its energy reliance on Russia and Uzbekistan and no doubt influence its foreign policy calculations."