... market and we ought to blame the squabbling between the EU and Russia over gas matters, as whilst these were ongoing the gas/oil potential of Central Asia was lured towards China. As we are currently seeing the infrastructure is being reversed away from Europe to Asia, yet again underlining that EU's actions were once again detrimental to its energy security with an additional cost of diminished relations with Russia.
Russia's Uncertain Footing and China's Roar:
As Mitrova highlights, Russia must not be delusional about its own role in the great power's game, as from the sixth position ...
... check & balances does exist in the US system when we talk about completely impudent major actions, so perhaps there is over exaggeration in regards to this matter. However, undoubtedly, the US environmental legislation is much more lax than the one in Europe, but this has always been the case, for one of the reasons being population density as USA is much bigger and less populated.
Special Thanks to Dr. Tatiana Mitrova for this Discussion.
Igor Ossipov
M.A. University of Kent & Higher School of Economics, Oil/Diesel Broker and RIAC Blogger.
... energy industry and fragmentation challenge could be avoided or renegotiated.
Tatyana Mitrova provides a great summary, in her Skolkovo presentation, outlining the overall... ... income by lowering prices, as more efficiency can offset lower prices especially if the European partners can be integrated into the mix. Gas cannot be sold forever at $400... ... a chance to diversify, become more efficient or even transparent.
Igor Ossipov
Oil & Gas Eurasia Correspondent, Oil/Diesel Broker and RIAC Blogger.
