Techno-economic modelling to strategize energy exports in the Central Asian Caspian region.

This paper studies the concept of energy security from export-oriented countries' point of view. It aims to test the effects of long-term energy export strategies in the Central Asian Caspian (CAC) region, by exploring the trade-offs between a "risk" indicator and some key variables of the energy system such as the total cost, the quantities exported, and the corresponding revenues. Risk reduction goals are combined with securing a minimum level of revenues from the hydrocarbon exports goals.