To assess the current state and development prospects of Russia–Turkey energy relations, it is necessary to take a closer look at the changes that have taken place on Turkey’s domestic energy market, the key features of its energy policy, and the possibilities of using the country’s transit potential. It is also ...
On December 14 in Berlin Russian International Affairs Council (RIAC) and German Council on Foreign Relations (
DGAP
) held a seminar dedicated to opportunities for Russia-EU energy cooperation.
The seminar was opened by Andrey Kortunov, RIAC Director General and Stefan Meister, head of the Program on Eastern Europe, Russia and Central Asia at DGAP. The seminar was attended by RIAC experts: Vladimir Likhachev, Deputy Director ...
Economic ties between Russia and Turkey were in the ascendant over the past two decades as trade grew, mutual investment increased, Russian tourists visited in droves, energy cooperation expanded and cultural ties strengthened. Then an incident on the Turkish-Syrian border caused substantial damage not only to political but also to economic relations.
Russia and Turkey’s social and economic models experienced ...
... for Transatlantic Relations at Johns Hopkins University
and the
Robert Bosch Stiftung
held a seminar «Russia and the West - Building a new Modus Vivendi?».
The seminar agenda covered the following issues: security relations; economic and energy relations; the challenge of Eastern Europe for Russian-Western relations; new agenda for Western relations with Russia.
The seminar was attended by experts from Russia, the US and the EU as well as by RIAC members and representatives of diplomatic ...
... seas” at the BRICS Summit in Goa, especially for large Russian companies that are growing their businesses in India. However, despite the fact that Moscow and New Delhi were able to reach new agreements on military and technical cooperation and energy, both countries will have to take a serious look at their approach to building relations if they want to take their partnership to the next level.
The BRICS Summit took place in Goa on October 15–16 and reaffirmed yet again the close partner ...
... Delegation of the European Union to the Russian Federation.
The seminar agenda covered the following issues: priority areas in EU policy during the Slovak Republic Presidency in the Council of the European Union; and the opportunities for Russia-EU energy cooperation.
The meeting was attended by more than 10 Ambassadors of EU Member States to Russia; Vygaudas Ušackas, head of the Delegation of the European Union to Russia; Andrey Kelin, director, Department of European Cooperation; RIAC members; ...
In May 2014, in the aftermath of Russia-Ukrainian crisis, the European Commission adopted European Energy Security Strategy, establishing two pillars of European security of supply: prevention and mitigation. The main goal was to prevent gas supply disruptions by implementing “gas stress tests” (modelled by ENTSOG) and to foster solidarity ...
... from 2008 crisis and decreasing growth of the Chinese economy,in particular), political turmoil (Ukrainian crisis) “appearance of illegal and cheap oil” on the market (eg. ISIS’ expansion), as well as the overall strive to develop new energy sources in the view of global warming. That being said, a plummeted oil price (going lower than 50$ ‘leverage level’) could be utilized to boost local demand and, as a consequence, increase production in order to avoid low profits. ...
... characteristic of APG content, whereas the oil fields that are responsible for flaring are mostly concentrated on the territory of West Siberia, between Yamalo-Nenetsk and Khanty-Mansiys regions. The underlying reason for flaring rather than the gas usage for energy purpose is the lack of nearby markets and sparse population with its insufficient local gas demand. Thus, in order to avoid flaring in these particular regions it is necessary to install relevant technology (gas-to-liquid, for instance) and redefine ...
... resource endowments and its ambition to increase production from the greenfield projects (such as in Sakhalin or in the Arctic offshore), it will be increasingly difficult for it to avoid international stigmatization regarding its not-so-well developed energy-efficient approach to resource management and production.
In 2007, in his State of the Union address, Russia’s President Vladimir Putin recognized that 20bcm of annual flaring in Russia, which equals 30% of European annual gas consumption,...