Monday, December 30, 2019
The Reformation Of The 16th Century - 862 Words
One of the most significant religious revolution of the 16th century was the Reformation. Martin Luther protested the doctrine of the church such as ââ¬â indulgence could help ordinary people pay for their sins and that church was the only way to attain salvation. On the other hand Luther believed that faith alone leads to salvation and it can t be won or bought. He criticized the administration of the church for luring people in buying relics saying it represented god or sending them to pilgrimage to make revenues. Hence, in 1517 Luther published the ââ¬Å"95 Thesesâ⬠which intended to reform the church policy and came to known as the Protestant Reformation Soon, Luther s ââ¬Å"95Thesesâ⬠became very popular and most sought after among the common people in German. The protestant reformation caused several other religious order- such as Zwinglianism, Calvinism, Anglicanism, Ana-baptism to form based on their interpretation. However, Calvinism became more popu lar because of its clarity of doctrine on predestination and baptism. The Protestant movement caused religious unrest among people and led Catholic Church to come up with Counter-Reformation which focused on rebuilding Catholics influence by reducing corruption and some changes in their policy(The council of Trent, Jesuits). The Reformation resulted in many religious wars and persecutions, not only within Catholics and protestants but also minority region such as Jews and Muslims were viewed as heretics and facedShow MoreRelatedThe Decline Of The 16th Century Reformation Essay1448 Words à |à 6 PagesThe 16th century reformation (from the Latin word reforma, meaning change) was a revolt against the excessive power wielded by the Catholic Church throughout Europe in the 16th century, and lead to the eventual founding of Protestantism. The reformation ended the dominance of Europe by the Catholic church, separating Christians into Protestants and Catholics, and was a turning poin t in religious and European history. At the beginning of the 16th Century, Europe was dominantly Catholic. The CatholicRead MoreHow the Reformation Affected 16th Century Civilization Essay812 Words à |à 4 PagesHow the Reformation Affected 16th Century Civilization When Martin Luther nailed his 95 theses to the door of his local monastery in Wittenberg, Germany on October 31, 1517, Europe was plunged in political and social turmoil. With only a few notable exceptions, a wave of political unity and centralization swept across the Western world. Papal power was perhaps not at its height, yet its corruption and increasingly secular values could be seen from St. Peters in Rome to John Tetzel inRead MoreChanges Brought on By the Renaissance Period Essay534 Words à |à 3 Pages16th century Europe was a time of religious and social change. It was a time of new art, architecture, and literature through the Renaissance and new discoveries through the scientific revolution. The 16th century also brought about great change in religion through the Protestant and Catholic Reformations. The Protestant Reformation and Catholic Reformation of the 16th century greatly changed individual freedoms, individual liberties, and the influence of religion. The start of the Protestant ReformationRead More16th Century Goetheââ¬â¢s Faust Essay599 Words à |à 3 Pages16th Century Faust Goetheââ¬â¢s Faust is a timeless play that took Goethe his entire lifetime to complete. It was first published in 1808, but the play itself does not specify the time period when it takes place. Goethe uses hints to guide the reader to discover this for him or herself. After reading the play, one can use Goetheââ¬â¢s subtle hints to conclude that Faust takes place during the 16th century and the Reformation. The first hint that Goethe gives the reader comes after the prologue, in theRead MoreThe Reformation Of Henry VIII And The Protestant Reformation1177 Words à |à 5 PagesThe Protestant Reformation was a 16th Century movement aimed at reorganising beliefs and practices of the Roman Catholic Church which had fallen to unpopularity in recent years. There are many argued causes of the reforms and it is controversial to suggest that any one had significance over the others. To fully explore the causes of the reformations in England it is necessary to consider the position of Henry VIII, legitimate dissatisfaction many English people held with the Roman Catholic churchRead MoreImpact Of The Protestant Reformation721 Words à |à 3 Pages The Protestant Reformation during 1518-1648 was a key period in the Churchââ¬â¢s history that saw the acts and teachings of all relifgions come under great scrutiny. Through the contributing social, cultural, politcal and religous factors that lead to the Reformation it has undoubtedy had a significant impact not only on the 16th centruy but also in our world today. Political/Religious : During the 16th century the monarchy was still actibely utilizing their power. As well as this, the whole ofRead MoreA Letter Of Protest By Martin Luther1503 Words à |à 7 Pageshad been building since the previous century, as the spirit of intellectual inquiry was one of the chief legacies of the Renaissance. The 16th Century became known as the Protestant Reformation, and was initially a movement aimed at reforming the beliefs and practices of the Roman Catholic Church; however, in the end it led to a division among the church and created quite an impact on a whole host of social aspects among Europeans. The Protestant Reformation led to changes in power for the richRead MoreThe Protestant Reformation And The Catholic Church996 Words à |à 4 PagesAt the dawn of the 16th century, the Catholic Church built upon the bureaucratic organization of the Roman Empire, became powerful, but also very corrupt. Calls for reformation within the Church started as early as the twelfth cent ury. To try to resolve doctrinal issues and reform the church, nine councils were called between 1215 and 1545. However, all nine councils failed to reach any noteworthy protocol and agreement regarding the Church. The clergy was unable to follow the Churchââ¬â¢s rules andRead MoreInterpreting Modern History: Revival of the Appreciation of Art894 Words à |à 4 Pagessequence of events. It was not limited to specific dates, it was a continuous cycle of religious and political strives for power, establishment, and scientific discovery. The events, formerly mentioned, that took place were the Renaissance, the Reformation, and Exploration. The first of the sequenced events is known as the Renaissance. The Renaissance was the period in Europe from 1350 to 1550. It is one of the few eras in Western history that named itself. My understanding is that it was a culturalRead MoreThe Separation Of Church And State1632 Words à |à 7 Pagesthroughout the centuries has not always been practiced. There was a time when the Roman Catholic Church was the church and government for everyone. This monopoly of church and state affected everything it touched until the 16th century when a few brave men stood up to the church. This small group of men will be responsible for starting the Protestant Reformation. A major change in how religion is seen and understood around the world. The Protestant Reformation was a major 16th century European movement
Sunday, December 22, 2019
The Role Of Professional Networking And How It Can Assist...
Career Development: Networking Networking is an important part of career development and has been around for a many years. However, how individuals network has changed dramatically over the last few years with the inventions of social media sites like LinkedIn and Facebook. This paper will discuss the role of professional networking and how it can assist with career development. Networking Professional networking is about making and maintaining relationships with individuals who could benefit oneââ¬â¢s career. By talking with individuals, getting to know more about them and their professional position, learning about their jobs and career experiences, and maintaining the relationships are all part of networking (PSU, 2015). There are multiple ways to network; individual face to face communication, through social media sites like LinkedIn and Facebook, or through professional organizations. One type of networking is used to gain information and knowledge about a particular career or job. For a student or someone who is changing career paths, just getting to know an individual in a position that is being sought is networking. Being able to garner information about that personââ¬â¢s experiences may be sufficient for the individual to know if that is a career path they want to follow, or conversely, the information gained may be sufficient enough for the ind ividual to know that it is a path they are no longer interested in (PSU, 2015). Networking most generallyShow MoreRelatedCareer Counseling Essay1580 Words à |à 7 PagesThe career services professional supports the educational mission of a college by assisting students to develop, evaluate, and pursue career aspirations with the goal of securing employment. 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Saturday, December 14, 2019
Oil and Gas Problems in Kazakhstan Free Essays
string(73) " 10 to 20 years old and 12 percent had been used for more than 30 years\." Kazakhstanââ¬â¢s Oil Supply Chain Management Challenges Kazakhstan is endowed with rich oil reserves, which provide an important source of revenues for stable economic growth and improvement of the countryââ¬â¢s living standard. This paper addresses the challenge the Republic of Kazakhstan faces in managing its oil supply chain. The countryââ¬â¢s capacity for refining crude oil is minimal and a substantial portion of that refining capacity is outside the Republic; added to that, most of the pipelines and refineries to export oil to international markets are jointly managed by the Republic and multinational corporations (MNCs). We will write a custom essay sample on Oil and Gas Problems in Kazakhstan or any similar topic only for you Order Now Thus there are political, technological and financial risks for the republicââ¬â¢s oil supply chain. 14 Jay Nathan, The Peter J. Tobin College of Business, St. Johnââ¬â¢s University As in other oil producing nations, Kazakhstanââ¬â¢s oil industry revenues directly depend on the worldwide prices for oil and oil products, based on supply and demand; and revenues depend on the cost of production and transporting the final product to customers (Rasizade, 1999). For Kazakhstanââ¬â¢s oil supply chain, the physical distribution infrastructure connecting supplies of crude oil to refineries and to the world markets through pipelines, has been challenging and costly. Moreover, currently Kazakhstan is equipped with only a few ; refineries and therefore the major portion of Kazakhstanââ¬â¢s crude oil is being refined in Russia. Recently, China has invested heavily in the construction of pipelines across the Republic of Kazakhstan to supply the increased demand for oil in China. Thus Kazakhstan has to manage political, technical and financial risks in the integration of her oil supply chain (Gaudenzi and Borghesi, 2006; Lockamy and McCormack, 2004). In the era of rapid technological development and globalization. It is imperative that every nation adapts to such an environment. Supply chain management has become an important means for sustaining competitive advantage for all successful industries and businesses (Magretta, 1998). The objective of every supply chain, including the global oil industry, is to maximize the overall value generated. The value a supply chain generates [to an organization, or to a nation] is the difference between what the final product is worth to the customer and the effort the Introduction Kazakhstan has considerable deposits of oil; however, the country faces a serious disadvantage of not having any direct access to the open sea, as the Caspian Sea is landlocked. While her oil industryââ¬â¢s upstream cost, i. e. , the cost for exploration, development and production of crude oil, may be similar to that of most other oil producing nations, its downstream cost, i. e. , transportation of crude oil to the refinery, refining and transportation to markets in particular, is more costly (Sridharan, Canines and Patterson; 2005). For Kazakhstan to transport the oil to world markets, the industry has to depend on pipelines (Cavenagh, 1999) through other countries. Also, maintaining such an operation requires a large number of skilled workers, but Kazakhstan does not have enough of them. Kazakhstanââ¬â¢s Oil Supply Chain Management Challenges 15 supply chain expends in filling the customerââ¬â¢s request. For most commercial supply chains, value will be strongly correlated with supply chain profitability, the difference between the revenue generated from the customer and the overall cost across the supply chain (Chopra and Meindl, 2003; Lee, 2002; Cavinato, 2002). The Republic of Kazakhstan will do well to monitorââ¬âespecially to sustain growth ââ¬â the overall value of her oil supply chain in the coming years. because of refinery gain {www. gravmag. com, 2006). It is important to note that greater economic rewards can be gained only with well-integrated global oil supply chain management. Oil Production Sharing Agreement and Risks in Kazakhstan The Ministry of Energy and Mineral Resources of Kazakhstan and the Ministry of Fuel and Energy of Russia, periodically set quotas for Kazakhstanââ¬â¢s oil flow through Russian territory. For example, on December 25, 2000 the quota for Kazakhstan was set at 17. 3 million tons. The memorandum between Kazakhstan and Russia of October 9, 2000 sets the principle of ââ¬Å"a single route,â⬠whose sole operator is the Kazakh Oil Company. Annual quotas depend mainly on the political relations between the two nations. Besides politics, there is also a technical risk factor, i. e. , the high degree of pipeline wear and deterioration, which may hamper the effectiveness and quality of services provided to exporting countries. In addition, the lack of proper maintenance of these oil pipelines does exist primarily due to the fact that a large number of well-trained local technicians and engineers who are required are not available to day (Doing Business with Kazakhstan, 2004). Kazakhstanââ¬â¢s oil pipeline systems were built in the ââ¬â¢70s {more than 60 percent of oil pipelines of the Western branch, to be exact) and the rest in the ââ¬â¢80s {75 percent of the Eastern branch). Thus, at the end of the year 2000, Oil producing countries and global supply chains Energy makes the wheels of global supply chains go round (Bud La Londe, 2006). A typical oil supply chain begins with the crude oil producer, next, the oil moves to the refiner, the transporter, the retailer and finally to the gas pump where a customer receives the product. The top world oil producers are Saudi Arabia, Russia, the United States, Iran, Mexico, China, Canada, United Arab Emirates, Venezuela, Norway, Kuwait, Nigeria, Brazil, Kazakhstan and Iraq. The Organization of the Petroleum Exporting Countries (OPEC) controls major crude oil supplies to the world. OPEC influences the price of crude oil by setting production quotas. The values {revenue opportunities) are added by processing and chemically changing the crude oil, which is called ââ¬Å"refining. A 42-gallon barrel of crude oil makes about 19 1/2 gallons of gasoline, nine gallons of fuel oil, four gallons of jet fuel and 11 gallons of other products, including lubricants, kerosene, asphalt and petrochemical feed-stocks to make plastics. This adds up to more than 42 gallons Supply chain management has become an important means for sustaining competitive advantage for all successful industries and businesses. Kazakhstanââ¬â¢s Oil Supply Chain Management Challenges 16 55 percent ofthe pi pelines were 10 to 20 years old and 12 percent had been used for more than 30 years. You read "Oil and Gas Problems in Kazakhstan" in category "Essay examples" Only 1 percent has been used for less than 10 years. As time goes by, those pipelines are getting even older and that means not only the risk and cost of maintaining them would be larger, but also the situation presents serious technical problems as well for the Republic of Kazakhstan {Petroleumjournal. com, 2006). form of joint ventures, production sharing agreements and exploration/field agreements. Oil is recovered from 55 fields. The largest of these fields are: Tengiz (some one billion tons of predicted oil reserves); Karachaganak (340 million tons in oil reserves, more than 1. billion tons in gas condensates and more than 1. 3 trillion cubic meters of natural gas); Uzen (with over 1. 5 billion tons of geological hydrocarbon reserves, of which more than 200 million tons are extractable) and Kumkola (with 350 million tons of oil reserves, of which 80 million tons of oil and 75 billion cubic meters of natural gas are proven). The Caspian and Aral Sea shelf also contain significant reserves. Currently, there are only three major refineries in Kazakhstan: Atyrau, Shymkent and Pavlodar (see Exhibit 2). Kazakhstanââ¬â¢s Oil Fields and Production Mangistau and Atyrau oblasts (provinces) are the main oil producing areas in Kazakhstan (see Exhibit 1). They account for more than 70 percent of the total oil extracted in the Republic. The other three extracting regions, Aktyubinsk, Kzylorda and Zapadno Kazakhstanskaya, account for the remainder. International oil projects have taken the Exhibit 1: Production (in thousand tons) by regions 1998 Crude oil, thousand tons Aktubinskaya Atyrauskaya Zapadno-Kazakhstanskaya Kyzylordinskaya Mangistauskaya 23,818. 7 2,640. 8 11,135. 1 3,007. 8 7,035. 0 1999 26,735. 8 2,326. 7 12,359. 3 3,928. 8,121. 7 2000 30,647. 9 2,701. 1 13,422. 0 13. 5 533. 8 9,173 2001 36,060. 0 3,405. 3 15,589. 5 49. 4 6,172. 8 10,843. 0 Source: National Statistics Agency of Kazakhstan, 2005 Kazakhstanââ¬â¢s Oil Supply Chain Management Challenges 17 Exhibit 2: Design and Delivery Capacities of Major Refineries Plant Design Capacity m In. tons Actual Deliveries min. tons Per month Design thousand tons Actual thousan d tons Per day Design thousand tons Actual thousand tons Shymkent Oil Refinery PavlodarOil Refinery Atyrau Oil Refinery 6. 5 3. 6 2. 3 590 326. 8 189. 5 245. 4 19. 7 22. 6 14 10. 9 6. 3 7. 5 4. 677 418 2. 7 8. 2 Source: National Statistics Agency of Kazakhstan, 2005 â⬠¢ Pavlodar (a foreign investor was given a management concession in 1997; the plant has been under government control since summer 1999) processes mainly light crude from Siberia and supplies the northern region of Kazakhstan; â⬠¢ Atyrau belongs to Kazakhoil, processing heavy domestic oil and supplies the western region; â⬠¢ Shymkent was mostly sold (95 per cent) to private investors in 1996. It processes dedicated crude from the region (Kumkol, Aktyubinsk, Turkmen fields) and supplies the south, particularly Almaty. Kazakhstanââ¬â¢s Oil Production and Distribution Costs A multitude of different schemes exist for dividing oil revenues between the host country and the foreign partner. The usual target for distribution of revenue from production to market is about 85 percent to the host country and 15 percent to the oil company. This ratio can be construed in a variety of different ways with different types of contractual forms; it also depends on the host countryââ¬â¢s laws and preferences, but in general oil companies target this ratio. This number has varied over the years. For example, in Saudi Arabia the ratio is much higher in favor of the Saudis due to huge reserves and tower production costs. In the Caspian, the ratio is likely to be lower due to additional transport costs of getting the oil out of the region, i. e. , pipeline construction costs and transit fees and political risks in the area. Part of the problems with signing contracts with Caspian nations has been the nationsââ¬â¢ unwillingness to recognize the economic necessity of decreasing the ratio (Feiveson, 1998). The upstream breakdown of costs is about 10 percent for exploration to find an economical field (odds are about one in 10 holes drilled will hit a commercial-sized field), 80 percent (or higher) to develop the find and 10 percent in continued on pg. 20 The benefits an increased number of properly educated personnel would befar the proper management of the entire supply chain activities are enormous; it is a strategic necessity for the Republic of Kazakhstan to leverage and sustain future oil revenues. Major Oil Pipelines and their Routes Map Here are the various Kazak pipelines and their routes: Kazakhstanââ¬â¢s Oil Supply Chain Management Challenges 18 Exhibit 3: Map of Major Pipelines Oil ptpalinà «a Existing) prundw eonsiruClioR A Maior Ott nekl RBfinoty à » Planntd wunott â⬠¢ â⬠¢ confl ruction 0 Milà « 200 Km 400 Oil Pipelines Infrastructure in Central Asia Source: Adapted from Kazakhstan Oil and Gas International Conference Proceedings, 2002 The major pipelines are identified by the Kazakhstan Ministry of Power, Industry and Trade as the projected priority export routes for oil in the following order: 1. Atyrau-Samara pipeline: The possibilities for oil exports along the AtyrauSamara oil pipeline are restricted by its throughput capacity and by the quota set by Russia. This is a constraining factor for the growth of both crude oil production and export supplies. To increase the throughput capacity from 10 to 15 million tons per year, a series of technical measures in Kazakhstan and Russia are being taken at a cost of 22 million dollars; Kazakhstanââ¬â¢s Oil Supply Chain Management Challenges 2. Tengiz-Novorossisk oil pipeline: The Caspian Pipeline Consortiumââ¬â¢s (CPC) oil export pipeline project is a short-term priority westward. This project ensures an independent outlet for Kazakhstanââ¬â¢s oil exports to the Black Sea and opens up opportunities for the attraction of foreign investments in the oil-and-gas sector. The necessary agreements for the project participants have already been signed and operations initiated; 3. Trans-Caspian pipeline: Planned to follow a route through the Black Sea to Turkey, the Trans-Caspian oil pipeline project is considered to be a priority. The oil pipeline will stretch from Western Kazakhstan to an outlet on the Mediterranean (the Turkish port of Ceyhan) via the Caspian Sea. The territory of Azerbaijan, Georgia and Turkey creates risks for the project due to the complicated mountainous terrain and water barriers and the need to cross confiict-prone zones; 4. Kazakhstan-China pipeline: Since 2004, in the Kazakhstan section of the Caspian Sea, the volume of the crude oil production has increased. The export oil pipeline of the CPC alone cannot meet the demand for oil transportation infrastructure. Preliminary engineering and economic calculations have shown that an oil pipeline eastward to China is a promising and economically favorable project. The Kazakhstan-China oil pipeline project can, simultaneously, meet Kazakhstanââ¬â¢s national security interests and provide an outlet to meet Chinaââ¬â¢s growing demand for oil. The oil pipelineââ¬â¢s route will pass over the territory of Kazakhstan and China will guarantee the project funding. The downside of the project is that the Peopleââ¬â¢s Republic of China can potentially control the price paid for the oil; 5. Persian Gulf-Iranian oil pipeline: The Persian Gulf-Iranian oil pipeline provides another possible oil pipeline route to the south. However, severe competition from OPEC countries can bring about a reduction in the price paid for oil from the Persian Gulf. Consequently, a reduced load on the oil pipeline may occur at some time in the future due to low profitability in that market. No terms for investment mobilization for this project have yet been defined; 6. Arabian Sea-Trans-Asi an oil pipeline: The Trans-Asian oil pipeline via Kazakhstan-Turkmenistan-Afghanistan-Pakistan to an outlet in the Arabian Sea is politically highly risky, since it passes over the territory of Afghanistan. Currently, consideration is being given to the basic question of how the funding will be organized for the project. Kazakhstanââ¬â¢s Oil Supply Chain Management Challenges 20 Exhibit 4: Comparison of Transport Costs per barrel of Kazakh Oil Route Cost to Port $1. 42 $1. 42 $1. 42 Black Sea Tanker Second Pipeline Final Tanker Cost $1. 23 Total Tengiz Novorossiysk Samsun Ceyhan NovorossiyskBosporus Bypass Turkmenistan ââ¬â Kharg Source: KazakhOil Report, 2005 $2. 65 $3. 46 $3. 17 $2. 50 $0. 40 $0. 40 $0. 88 $0. 59 $0. 76 $0. 76 $0. 93 $1. 57 operating costs to produce the oil. Exploration costs are cash expenditures, which include payments for exploration licenses to the host countries. Development costs are capital costs depreciated over time and operating costs pay for themselves with the sales of crude oil production. Downstream costs include transportation of crude to the refinery, refining, transportation of products to market and marketing. If one were to examine the cost breakdown of a gallon of gas {called petrol in some countries) averaged around the world, from ground to market, the distribution would be approximately: â⬠¢ 2. percent for exploration â⬠¢ 12. 5 percent {or more) for production and development â⬠¢ 20 percent to the host government â⬠¢ 2. 5 percent for transportation to a refinery â⬠¢ 7. 5 percent for refining â⬠¢ 2. 5 percent to transport to market â⬠¢ 2. S percent for marketing â⬠¢ 50 percent in taxes to the consumer at the pump For example, the costs per barrel for export of Tengiz oil are: lifting costs (the costs to get crude oil extracted from below surface and bringing it to the ground level) $2, pipeline costs $1. 2, transit fee $3, shipping by oil tanker {including other means) $1. 23. The total comes to $7. 65. Kazakhstanââ¬â¢s Oil Supply Chain Management Challenges In Kazakhstan the preferred contract form is a joint venture between a foreign firm and a state enterprise, generally KazakhOil, which is the state oil company. In a joint venture both the state enterprise and the foreign venture invest stated amounts of capital, which can take various forms, including physical assets and rights to land. Risk is shared in proportion to capita! nvested. The amount of control the foreign firm has is usually limited and in some cases joint ventures are little more than contracts for procurement. The usual target for distribution of revenue from production to market is about 85 percent to the host country and 15 percent to the oil company. Kazakhstanââ¬â¢s Oil Supply Chain Management Challenges 21 Kazakhstan has two separate pipeline networks: a crude oil pipeline from Western Siberia supplies Pavlodar and Shymkent, while Atyrau runs solely domestic crude from northwest Kazakhstan. The current pipeline system is fragmented and does not link the east and the west of the country, nor does it move petroleum from oil producing fields in the west of the country to the Pavlodar or Shymkent refineries located in the north and the east. The domestic pipelines capacity will not cope with the anticipated significant volume increases the Republic hopes to be producing in the years to come. At present some of Kazakhstanââ¬â¢s production is exported by means of barges to Baku, Azerbaijan, where it is fed into the Azerbaijan pipeline network system and sent to world markets (Rasizade, 1999). The existing pipeline networks will require large investments, if Kazakhstan is to develop its crude oil and gas potential to the fullest. Kazakhstanââ¬â¢s major oil ports are: Atyrau and Aktau ; major oil export pipelines are: Tengiz-Novorossiisk (Russia); Uzen-AtyrauSamara (Russia); the Kenkyak-Orsk (Russia) line that transports oil from the Aktyubinsk fields to the Orsk refinery; and the Caspian Pipeline Consortium (CPC) that transports oil from Western Kazakhstan to the Black Sea at Novorossiysk (Baker and McKenzie, 2002). Even though the Republic has upgraded its overall educational system, especially the post-secondary curricula, degree offerings and the academic rigor modeling after the Western-type system, there is still a paucity of engineers and technicians to maintain and to sustain the growth of the oil industry. The benefits an increased number of properly educated personnel would be for the proper management of the entire supply chain activities are enormous; it is a strategic necessity for the Republic of Kazakhstan to leverage and sustain future oil revenues. Current Issues in Global Energy Market In recent years, demand for energy has surged. This unrelenting increase has helped fuel global economic growth, but placed considerable pressure on suppliers augmented by geopolitics and other disruptive factors. On the demand side, increased energy security and environmental concerns may lead to changes in consuming countriesââ¬â¢ energy policies. These uncertainties have been reflected in the market through volatility and high prices (Birol, 2006). Daniel Yergin of Cambridge Energy Research Associates Inc. (CERA) during a symposium on ââ¬Å"The Economics and Geopolitics of Russian Energyâ⬠at Georgetown University in Washington D. C. n October 29, 2007, forecasted that oil prices are becoming increasingly decoupled from the fundamentals of supply and demand (Yergin, 2007). Policy Implications for the leadership in Kazakhstan Kazakhstan is not a major player in geopolitics. OPEC member states and Russia have political clout in the global energy market. Russia, Kazakhstanâ â¬â¢s northern neighbor, not only has huge oil reserves on her own, but also Energy makes the wheels of global supply chains go round. Kazakhstanââ¬â¢s Oil Supply Chain Management Challenges 22 controls the refining capacities, as well as some of the flows of refined oil from Kazakhstan to world markets. However, for the young republic, the rich deposit of oil is a blessing; at the same time, it can easily be squandered by mismanagement and bad public policy. Fortunately, in todayââ¬â¢s global world ââ¬â armed with first-class business know-how and with lessons learned from other oil producing nations ââ¬â it is possible for the leadership of Kazakhstan to take a long-term view of proven crude oil deposits in the Caspian Sea and within the sovereign republic of Kazakhstan. 7. Feiveson, H. (1998). ââ¬Å"The Problem of Caspian Energy. â⬠Princeton, New Jersey: Princeton University. 8. Gaudenzi, B. and A. Borghesi. (2006). Managing Risks in the Supply Chain Using Ahp Method. â⬠International journal of Logistics Management, vol. 17, pp. 114-136. www. gravmag. com 9. Lee, Hau L. (2002). ââ¬Å"Aligning Supply Chain Strategies with Product Differentiation. â⬠California Management Review, pp. 105-119. 10. Lockamy, A. and Kevin McCormack. (2004). Linking SCOR pla nning practices to supply chain performance. International journal of Operations Production Management, vol. 24, pp. 1192-1218. 11. National Statistics Agency of Kazakhstan, 2005. www. petroleumjournal. kz References 1. Birol, F. (2006). ââ¬Å"World Energy Prospects and Challenges. The Australian Economic Review, vol. 39, no. 2, pp. 190-195. 2. Bud La Londe. (2006). ââ¬Å"Energy Problem Cries for Decisive Action. â⬠Supply Chain Management Review, Vol. 10, Issue 6, pp. 6. 3. Cavenagh, A. (1999, February 24). ââ¬Å"Caspian Oil Project Has a Slov^ Road to Syndication. â⬠Project Finance International, pp. 50-51. 4. Cavinato, J. (2002, May June). ââ¬Å"Whatââ¬â¢s Your Supply Chain Type? â⬠Supply Chain Management Review, pp. 60-66. 5. Chopra, S. and Meindl, P. (2004). SupplyChain Management (Second Edition). New Jersey: Prentice-Hall. 6. Doing Business with Kazakhstan. (2004). Edited by Marat Terterov. London, England: Kogan Page Publishers. 12. Rasizade, A. (1999). ââ¬Å"Azerbaijan, the U. S. and Oil Prospects On The Caspian Sea. â⬠Journal of Third World Studies, vol. XVI, No. 1, pp. 29-48. 13. Report of Baker and McKenzie. (2002, November). CIS Energy Notes. 14. Report of KazakhOil (2005). 15. Sridharan, U. , Caines, R. and C. Patterson. | (2005). ââ¬Å"Implementation Of Supply Chain Management and its Impact on the Value Of Firms. â⬠Supply Chain Management, Vol. 10, pp. 313-318. 16. Yergin, D. (2007). ââ¬Å"Oil Market Fever as Prices Near $100. â⬠Pipeline Gas Journal, Issue II, pp. 97-97. How to cite Oil and Gas Problems in Kazakhstan, Essay examples
Thursday, December 5, 2019
Example Experiment Report free essay sample
Once the enzyme urease has been added to the boiling tubes and left for 24 hours the agar gel will turn blue in colour indicating the production of ammonia from the breakdown of urea. The measurement taken from the blue gel inside the boiling will determine the amount of ammonia produced. Equipment and Materials The equipment used in this experiment consists of; 6 boiling tubes containing acidified sugar with bromothymol blue indicator, six stoppers for the boiling tubes, 7x2cm3 syringes, urea solutions (prepared in advance). The urea concentration within the solutions are (mMol) 31. , 62. 5, 125, 250, 500. The equipment also contained an urea solution with an unknown concentration and urease solution. Method First 2cm3 of urease was added to each of the six test tubes which contained the acidified agar (using one of the seven syringes) then using the remaining syringes 2cm3 of the urea was added to five of the boiling tubes, each boiling tube getting a different concentration of ure a added to it using a clean syringe each time. We will write a custom essay sample on Example Experiment Report or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 2cm3 of the unknown concentration of urea was then added to the sixth boiling tube. The stoppers were put into the boiling tubes and they were left in the same room for 24 hours. After 24 hours the length of the blue agar was measured and the results recorded in the table of results below and plotted on a line graph (see attached graph sheet). Table of Results |Concentration of urea solution (mMol) |Class Results (mm) |Mean Average (mm)| |500 |25 26 27 27 / 29 29 21 28 |26. | |250 |21 22 20 21 21 21 22 20 25 |21. 4 | |125 |14 16 15 15 18 15 17 15 14 |15. 8 | |62. 5 |8 5 4 8 10 6 10 9 10 |7. 8 | |31. 2 |2 1 2 2 0. 1 1 5 1 2 |1. | |Unknown |14 15 13 15 15 13 18 11 12 |14 | Conclusion From the graph drawn on the graph sheet it can be concluded that that the unknown urea concentration is 110 mMol. Discussion or results Within this experiment there are numerous variables that were kept constant and controlled to ensure accurate results. The variables include the volume of agar gel, the volume of urease solution, and the volume of the pH indicator. The temperature and length of time the boiling tubes were left in the room (before measurements were taken) were other important variables to be considered and kept constant during the experiment. A variable that was not kept constant was the concentration of urea going into the boiling tubes. The reason for this was to examine and record the ammonia produced from different concentrations of urea and to use these results to find out the unknown urea solutionââ¬â¢s concentration. As a precaution and to ensure accurate results contamination of urea solutions was avoided by using a clean syringe for each concentration of urea. A clean syringe was used for the measurement of the urease to avoid cross contamination between the urease and urea solutions. The same method of measuring the urea solution was used to ensure the accuracy of the experiments results. A more accurate and reliable result was provided by taking a class mean average of the experiments results (as detailed in the table of results on the previous page. )
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