The Impact of Energy Cooperation and the Role of the One Belt and Road Initiative in Revolutionizing the Geopolitics of Energy among Regional Economic Powers: An Analysis of Infrastructure Development and Project Management

This paper examines how the latest mega plan and the Belt and Road Initiative (BRI) will impact the geopolitics of energy and infrastructural development. With a massive change in the supply and demand of global energy and its infrastructure, the transition of international energy order is in the ma...

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Main Authors: Wu Hao, Syed Mehmood Ali Shah, Ahsan Nawaz, Ali Asad, Shahid Iqbal, Hafiz Zahoor, Ahsen Maqsoom
Format: Article
Language:English
Published: Wiley 2020-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2020/8820021
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author Wu Hao
Syed Mehmood Ali Shah
Ahsan Nawaz
Ali Asad
Shahid Iqbal
Hafiz Zahoor
Ahsen Maqsoom
author_facet Wu Hao
Syed Mehmood Ali Shah
Ahsan Nawaz
Ali Asad
Shahid Iqbal
Hafiz Zahoor
Ahsen Maqsoom
author_sort Wu Hao
collection DOAJ
description This paper examines how the latest mega plan and the Belt and Road Initiative (BRI) will impact the geopolitics of energy and infrastructural development. With a massive change in the supply and demand of global energy and its infrastructure, the transition of international energy order is in the making. While the US is going towards a more isolationist path from its traditional superpower role, there are rising economies such as China, India, Japan, and Russia which are undoubtedly playing a vital role in the geopolitical stage and the other development endeavors. Several regions such as Central Asia, the Arctic, Eastern Mediterranean, and the South China Sea are offering substantial natural gas and oil reserves and drawing global attention to develop energy cooperation. This situation is profoundly influencing the transition of energy order. In this transition, BRI is supposed to play an important role. As a mega development strategy with a robust geostrategic dimension, it purposes to advocate interconnectivity collaboration in framework, exchange, and advancement among the partaking nations. This super arrangement offers a lot of ventures, foundation developments, and modern reconciliation in the energy sector. The country is trying to establish a multilateral platform for endorsing and shielding energy cooperation under BRI. This paper, therefore, attempts to observe how this mega plan will contribute to reshaping the existing energy order as well as the geopolitics of energy with motivation on multifaceted energy collaboration.
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institution Kabale University
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spelling doaj-art-7ee339cde7ed40bc91821b83122b51342025-02-03T01:27:57ZengWileyComplexity1076-27871099-05262020-01-01202010.1155/2020/88200218820021The Impact of Energy Cooperation and the Role of the One Belt and Road Initiative in Revolutionizing the Geopolitics of Energy among Regional Economic Powers: An Analysis of Infrastructure Development and Project ManagementWu Hao0Syed Mehmood Ali Shah1Ahsan Nawaz2Ali Asad3Shahid Iqbal4Hafiz Zahoor5Ahsen Maqsoom6Northeast Asian Research Centre, Jilin University, Changchun 130012, ChinaNortheast Asian Research Centre, Jilin University, Changchun 130012, ChinaInstitute of Construction Project Management, CCEA, Zhejiang University, Hangzhou 310058, ChinaSchool of Management, Shenzhen University, Shenzhen, Guangdong 518060, ChinaManagement Studies Department, Bahria University, Islamabad, PakistanConstruction Engineering & Management Department, National University of Sciences and Technology, Risalpur Campus, KPK 24080, PakistanCivil Engineering Department, COMSATS University Islamabad, Wah Campus, Wah 47040, PakistanThis paper examines how the latest mega plan and the Belt and Road Initiative (BRI) will impact the geopolitics of energy and infrastructural development. With a massive change in the supply and demand of global energy and its infrastructure, the transition of international energy order is in the making. While the US is going towards a more isolationist path from its traditional superpower role, there are rising economies such as China, India, Japan, and Russia which are undoubtedly playing a vital role in the geopolitical stage and the other development endeavors. Several regions such as Central Asia, the Arctic, Eastern Mediterranean, and the South China Sea are offering substantial natural gas and oil reserves and drawing global attention to develop energy cooperation. This situation is profoundly influencing the transition of energy order. In this transition, BRI is supposed to play an important role. As a mega development strategy with a robust geostrategic dimension, it purposes to advocate interconnectivity collaboration in framework, exchange, and advancement among the partaking nations. This super arrangement offers a lot of ventures, foundation developments, and modern reconciliation in the energy sector. The country is trying to establish a multilateral platform for endorsing and shielding energy cooperation under BRI. This paper, therefore, attempts to observe how this mega plan will contribute to reshaping the existing energy order as well as the geopolitics of energy with motivation on multifaceted energy collaboration.http://dx.doi.org/10.1155/2020/8820021
spellingShingle Wu Hao
Syed Mehmood Ali Shah
Ahsan Nawaz
Ali Asad
Shahid Iqbal
Hafiz Zahoor
Ahsen Maqsoom
The Impact of Energy Cooperation and the Role of the One Belt and Road Initiative in Revolutionizing the Geopolitics of Energy among Regional Economic Powers: An Analysis of Infrastructure Development and Project Management
Complexity
title The Impact of Energy Cooperation and the Role of the One Belt and Road Initiative in Revolutionizing the Geopolitics of Energy among Regional Economic Powers: An Analysis of Infrastructure Development and Project Management
title_full The Impact of Energy Cooperation and the Role of the One Belt and Road Initiative in Revolutionizing the Geopolitics of Energy among Regional Economic Powers: An Analysis of Infrastructure Development and Project Management
title_fullStr The Impact of Energy Cooperation and the Role of the One Belt and Road Initiative in Revolutionizing the Geopolitics of Energy among Regional Economic Powers: An Analysis of Infrastructure Development and Project Management
title_full_unstemmed The Impact of Energy Cooperation and the Role of the One Belt and Road Initiative in Revolutionizing the Geopolitics of Energy among Regional Economic Powers: An Analysis of Infrastructure Development and Project Management
title_short The Impact of Energy Cooperation and the Role of the One Belt and Road Initiative in Revolutionizing the Geopolitics of Energy among Regional Economic Powers: An Analysis of Infrastructure Development and Project Management
title_sort impact of energy cooperation and the role of the one belt and road initiative in revolutionizing the geopolitics of energy among regional economic powers an analysis of infrastructure development and project management
url http://dx.doi.org/10.1155/2020/8820021
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