South Asian Gas Market: It’s Time to Mount an Offensive
... applying pressure (including political pressure) on India, which is critically dependent on energy imports. Finally, Iran’s energy partnership with China could transform into a 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 ...