The importance of energy cooperation between Kazakhstan and Russia within the framework of the Eurasian Economic Union (EAEU)

Abstract

Problems and perspectives for the development of energy relations between Kazakhstan and Russia
are becoming relevant in the context of reforming the Kazakhstani economy and globalization of the
world economy, which dictate the growing interdependence and interaction of national economies. The
character of the emerging new system of global and regional world order is especially pronounced in
the Eurasian region, which has become important and dynamic from a geopolitical and economic point
of view. The geopolitical situation around this region is characterized by a combination and clash of national
interests of the main centers of the world economy and policy, such as USA, EU, Russia and China.
The purpose of the article is to analyze the bilateral relations of the EAEU member countries – Russia
and Kazakhstan in the energy sector in the new geopolitical conditions. In accordance with the goal, the
following tasks were set: to reveal the specific features and imperatives of energy cooperation between
countries; identify the reasons for the interest of Russia and Kazakhstan in the integration interaction in
the field of energy policy, identify priority areas for the development of energy interaction.