Search: Energy,Sanctions (8 materials)

China’s Energy Policy: Flexible, but Unshakeable

... permission to import PDVSA oil until 28 April 2019, though payments to PDVSA should be made into the frozen account in the US. Several American companies working in Venezuela with PDVSA have the right to continue their work until July 27, 2019. "Sanctions and World Energy" Round Table with Adam Stulberg and Ivan Timofeev In April 2019, the US Department of the Treasury imposed sanctions on 44 vessels (and six shipping companies) that transport Venezuelan oil, including five companies that transported Venezuelan ...


Iran’s Oil Sector under Renewed Sanctions: Adopting to the New Reality

... pull out of JCPOA in May 2018 and his further move to reimpose all sanctions on Iran, including the embargo on Iranian oil exports, proved to be a game changer. Today, Iran’s oil production has dropped to its lowest level since the 1980’s as U.S. sanctions came into full force in May, the International Energy Agency (IEA) reported . According to OPEC’s June Oil Market Report, Iran’s oil production in 2019 has been consistently falling. It has already decreased by 34 percent to 2.37 mbd in May 2019. As of now, there are no factors in place that ...


"Sanctions and World Energy" Round Table

On June 5, 2019, a round table on “Sanctions and World Energy” was held at Russian International Affairs Council (RIAC). Ivan Timofeev, RIAC Director of Programs, and Adam Stulberg, Director of the Center for International Strategy, Technology, and Policy (CISTP) in the Sam Nunn School of International ...


The Fight for Nord Stream 2: The Interests of all the Players Involved

... UOKiK’s rejection of Gazprom’s application to set up a joint venture was unfounded. RIAC and DGAP Report “Russia–EU Energy Relations” The construction of Nord Stream 2 would actually benefit Poland. The more Russian gas going to Germany, the ... ... It is still unclear whether or not Allseas will pull out of the contract in light of the U.S. ban. In any case, the American sanctions against Nord Stream 2 will be a blow not only to Russia, but (and perhaps more importantly) to Europe itself. After ...


Searching for a new foundation for German-Russian relations

... Russia’s elites failed to understand the changing mood in Germany and kept hoping for the continuing “Schröderizaton” of its Russia policy, an approach based on the idea that relations should be guided by big infrastructure projects like Nord Stream, energy and economic cooperation for mutual benefits, and the personal relationship between leaders. Russia’s leaders did not understand that Merkel’s support for sanctions and clear defence of the sovereignty of Ukraine not only reflected her personal views but also that German decision makers have a completely different understanding than Russia’s about the future of the European security order and the role ...


SPIEF 2015: Economic Opportunities in Russia Trump Western Political and Security Concerns

... Siberia’s Taas-Yuriakh field from Rosneft and the two companies agreed to restructure their oil refining joint venture. BP already owns a 20% stake in Rosneft, which is majority owned by the government. While the latest deal would appear to violate sanctions, Energy Development Foundation director Sergey Pikin contends: “the deal does not concern the purchase of Rosneft, but the purchase of a part of a deposit. From a legal viewpoint, this deal does not come under the terms of the sanctions.” ...


The European Union has no alternative to partnership with Russia

... remaining its key partner on Ukraine. Germany and France are friendlier to Russia. They do oppose Russia and have condemned its attitude, but understand that hurtful sanctions are unfeasible. I don't mean those that have been imposed, but genuine economic sanctions. Should they be put into place, the Europeans will be the first to suffer, both with regards to energy supplies and the problems caused by close trade and economic ties, i.e. joint business ventures, shares in Russian corporations, etc. To this end, France and Germany are definitely more amicable toward Russia than Britain. Yuri Fokin: Quite right....


Energy Cooperation: A Policy of Slow Strangulation

... Enel, Fortum) in the Russian power generation sector. The energy sector is characterized by significant inertia, and consequently, reacts little if at all to political developments. Therefore, I would rate the probability of direct, formalized trade sanctions by the EU on Russian energy resources exports as extremely low. The energy sector is characterized by significant inertia, and consequently, reacts little if at all to political developments. Therefore, I would rate the probability of direct, formalized trade sanctions by ...


Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
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