For Press

16/11/2016

Daniel Yergin presents Kazakh edition of “The Quest” in Astana

Today a Pulitzer-winning author Dr. Daniel Yergin presented the Kazakh edition of his book “The Quest: Energy, Security and the Remaking of the Modern World” with the assistance of the Astana International Financial Centre (AIFC).

“The Quest” follows the story of Yergin’s first book “The Prize”, which received the Pulitzer Prize and was translated into Kazakh in 2013.

         According to the author, “The Quest” draws on five years of research to provide the most comprehensive analysis of the modern energy world and the dynamics shaping its future.

          The author also describes how geopolitics, security concerns, technological innovation and economic forces have changed the oil landscape over the past two decades.

        As Kairat Kelimbetov, the Governor of the Astana International Financial Centre highlighted, Daniel Yergin is a knowledgeable expert and he shares very important things in his book.

          "For oil producing Kazakhstan this book is invaluable as it is very important to understand the principles of effective resources utilization," - said Kelimbetov.

The book will be interesting to a wide variety of readers; it will give a good insight into the history of oil extraction and perspectives of global energy. It will be extremely useful to specialists who work in those fields.

The author suggests the emergence of a new source of energy that could significantly alter the current situation on the energy market.

            Yergin compares it with the appearance of Google, but in the energy sector, and notes that venture capital is very interested in funding such research.

Reference:

 AIFC. In December 2015 President of the Republic of Kazakhstan Nursultan Nazarbayev signed the Constitutional law “On the Astana International Financial Centre” (AIFC). The aim of the AIFC is to form a leading international centre of financial services. For the first time in post-Soviet region Common law framework will be introduced in the AIFC. English shall be the official language of the AIFC.

  The objectives of the AIFC are to attract investment into the economy through the establishment of an attractive environment for investment in the financial services, develop local capital markets, ensuring their integration with the international capital markets, and develop markets for insurance and banking services and for Islamic financing in the Republic of Kazakhstan.

 Daniel Howard Yergin (born February 6, 1947) is a Pulitzer Prize-winning American author, speaker, and economic researcher. Yergin is the co-founder and chairman of the Cambridge Energy Research Associates, an energy research consultancy that is now part of IHS Inc. He is best known as author of The Prize: The Epic Quest for Oil, Money, and Power (1991) and The Quest: Energy, Security, and the Remaking of the Modern World (2011). He received his PhD from Cambridge University as a Marshall Scholar. Daniel Yergin was a lecturer at the Harvard Business School for several years.