Russia’s Energy Pivot to Asia

... Asia making it the most dynamically developing and high potential energy market in the world. There are growing energy demands involving new non-traditional categories of stocks. As estimated, Asia Pacific region will provide most of the increase in oil and natural gas demand in the world in the period up to 2030. This shift in growth away from the West makes producers look further to conquer Asian markets. Although most of gas and oil reserves are situated in the Asian part of Russia most energy trade flows areWest (Europe)-oriented. Having started exporting gas to Asia only in 2009 through Sahalin II plant, Russia is a new player in the Asian energy market. Russia’s share of gas exports to Asia dynamically increased ...