... Dr. Tatiana Mitrova, whereas in the subsequent second post, coming later, we look at China-Russia.
Europe-Russia ‘Special Deal Severed’:
In normal... ... the trade-off worth it?
Energy Weaponry Myth:
Pathological fear does exist, that Gazprom may in some way use its power to influence Europe as a dominant supplier. However... ... as all the loans for developing new fields and constructing new pipes are done via long-term contracts. This is vital for Gazprom, as the lending banks absolutely adore...
... diversity, Russia will never have a monolithic identity or single outlook. As the global centre of gravity shifts from the European Atlantic to the Pacific Ocean, Moscow is likely to stop looking West and instead go East – as soaring trade levels with China already foreshadow.
However, Russia remains a European power – part of Europe’s non-West alongside Turkey and Ukraine. Indeed, the country is anchored culturally and politically in the wider Europe, not in Asia. The problem is that ...
... “Energy Strategy to 2030” (ES-2030) publication; released in 2009. M. Mareš and M. Laryš argue that China’s rise is creating a great opportunity for Russia as an extra energy market, but at the same time, current conditions ... ... extraction and transport difficult. Key gas fields, like Kovykta, are isolated by taiga or encircled by canyons – these are not Gazprom friendly areas due to a lack of piping expertise. Besides technical issues, political factors have also strained development....
... for the final end of USA's hegemony (See: SCMP). Albeit, it is hard to see China not taking the lead regionally and globally in the future as it clearly dominates... ... 2013 (See: FoxBusiness). The most recent negotiations have lasted since 2004, when Gazprom signed a cooperation deal with its Chinese counterpart for up to 68 bcm of gas... ... (See: Reuters). However, on the brightside Gazprom agreed with China in regards to long-term contracts, thus allowing it to develop the riskier fields as export was more...
... reducing CO2 emissions, which partially due to this move are now increasing in the E.U., it also breeds uncertainty as this flip-flopping makes the European continent... ... peculiarly even its own interests as it is undermining its own energy security.
Long-Term Contracts a No-No:
An area of contention stimulating uncertainty is the... ... super-natural profits are recorded by the Russian gas monopoly. At IMEMO RAN Sergei Komlev, Gazprom Export Head of Department for gas Contracts and Pricing, “rebuffs the...