... political partnership, effectively cutting India off from Central Asia and Afghanistan.
There are also a number of potential threats for Russia. The country could see its business opportunities in the Indian market narrowed and might end up with Europe and China as its two key gas consumers. Russian companies would end up being restricted to India’s LNG segment, in which they do not yet feel strong enough. In addition, Moscow’s strategic partnership with New Delhi might weaken. Despite the special relationship between the two countries,...
... nationally determined contributions give us grounds to believe.
Russia’s place in the new climate order
The world’s largest economies have already ratified the agreement signed in Paris, while Russia is in no hurry to follow suit.
In the entire report, Russia is mentioned only twice: in connection with exporting gas to Europe and China. On the one hand, it is odd; being the largest exporter of energy sources, Russia holds the fourth place in the world in the volume of emissions, ahead of Japan and Saudi Arabia. On the other hand, it reflects the fact that in the new climate order,...
...
Chinese inability to provide timely funding of the project as a pre-payment of the future gas delivery stripped it of the opportunity to demonstrate its economic power. At the same time, by satisfying a quarter of its energy demand through purchases Russian gas makes China seem a reliable party with respect to its COP21 pledges of wagging a “
war on pollution
”. For Russia, however, the final outcome of the gas deal seems to be less exciting. Even though “Power of Siberia” pipeline is likely ...
... and gas, they will not be able to export as much due to domestic needs, etc. As a result, Russia’s net exports will meet 4.2% of world’s energy demand in 2035, which will be sent to Europe (still world’s largest importer of natural gas) and China (world’s largest oil importer).
Oil production will be dominated by USA, Saudi Arabia and Russia, with well over a third of global liquids coming from these three powers. At a rate of 11 Mb/d by 2035 Russia will only trail Saudi Arabia and the US. BP anticipates that post-2020 Russia will commence its tight-oil production, which will prop ...
... that Russia’s energy pivot to Asia is a very timely and well-planned strategy.
1
. W.K. Lászlo Varró, A.S. Corbeau Developing a Natural Gas Trading Hubin Asia Obstacles and Opportunities, IEA Publications, 2012 p.24
2
. D.Dyomkin Russia grabs China oil and gas export deals, Financial Post, October 22, 2013
http://business.financialpost.com/2013/10/22/russia-grabs-china-oil-and-gas-export-deals/?__lsa=0a44-fef0
3
. Rosneft President and Chairman of the Management Board Address to The World Energy Congress ...
... circumvented. Still, when Li & Cheng wrote their work, trade with Russia was slow, but recently non-equity investments have occurred. So, if China continues to alter its pose it may well engage Russia as it is the most appealing long-term supplier. Russia holds huge oil/gas reserves, which are geographically close as it takes just 3-5 days for East Siberian oil to flow to China, in contrast to two/three weeks from the Middle East (Voice of Russia, 2012), and also as an added bonus US or NATO cannot defy Russian and Indian airspace to target future pipes.
The prior paragraph hints about a possible alignment among China ...
... China to full capacity. If this shale boom does occur it may fracture the Sino-Russian trading potential, but this potential remains weak as many pricing issues still remain unresolved. If current approach to pricing persists, the competitiveness of Russian gas in China seems doubtful. When LUKoil released its report, Russian gas cost ~$100 more than Turkmens and it was only somewhat competitive in contrast to expensive LNG from Australia and possible future deals all the way from Qatar.
Russia In Search of New ...
... China, but peculiarly no price was set for the Russia gas. In effect, the deal could still collapse, or not materialise if this summer's worth of negotiations does not go through. Nevertheless, Mitrova argued that we ought to see some sort of a gas deal between Russia and China in the next two years, even though gas relations amid the two have been notoriously difficult, protracted and prone to collapses. Still, if a deal is reached its obligations, realisation, quantities and deadlines, will be substantially different ...
Euro-Russian relations have strained over the recent years in energy matters as certain vested ... ... domestic challenges will be discussed. In this post I am joined by the Head of Oil and Gas at the Energy Research Institute of the Russian Academy of Sciences, Dr. Tatiana... ... Dr. Tatiana Mitrova, whereas in the subsequent second post, coming later, we look at China-Russia.
Europe-Russia ‘Special Deal Severed’:
In normal...
... concerns capitalism, religion, ethics, civil economy, European Union and wider Europe like Russia, Ukraine and Turkey. He is an Associate Editor of the journal TELOS and Fellow... ... likely to stop looking West and instead go East – as soaring trade levels with China already foreshadow.
However, Russia remains a European power – part of... ... creating an anti-Russian stance. Has this occurred due to European attempts to lower gas import prices, or more serious underlining issues? Europe’s potential alternative...
