... they sounds. Yergin (2011: 204-205) described the attempt well by saying that it was like – throwing a lit match into a gas filled room on top of Capitol Hill, as it instantly flamed a debate over energy security. So to put it crudely China is not allowed to buy firms so that it can import high-end technologies to better its domestic production (even if a firm like Unocal accounts for a mere 1% of the US output), nor can land adjacent Central Asia support its growing energy demand fully or Russia be prepared to play on its terms. In effect, China is left with investing in second-tier opportunities and the Malacca ...
... level. In essence, it is an issue of counter-agent dilemma as the buyer is usually always at the winning end in contrast to the seller, as fixed assets like pipelines cannot be re-diverted in case of disagreements over price. Hence, if in the future Russia does not agree with potential Chinese demands it will be left with no options, but China will be able to get gas in Central Asia or via the sea from Australia and maybe even the USA post 2016-2017 when many anticipate possible start to shale-LNG shipping. Lastly, China can always burn coal if it is facing a trade dispute over price to pressure sellers like Russia, ...
Euro-Russian relations have strained over the recent years in energy matters as certain vested ... ... domestic challenges will be discussed. In this post I am joined by the Head of Oil and Gas at the Energy Research Institute of the Russian Academy of Sciences, Dr. Tatiana... ... Dr. Tatiana Mitrova, whereas in the subsequent second post, coming later, we look at China-Russia.
Europe-Russia ‘Special Deal Severed’:
In normal...
... religion, ethics, civil economy, European Union and wider Europe like Russia, Ukraine and Turkey. He is an Associate Editor of the journal ... ... West and instead go East – as soaring trade levels with China already foreshadow.
However, Russia remains a European ... ... anti-Russian stance. Has this occurred due to European attempts to lower gas import prices, or more serious underlining issues? Europe’s ... ... “sphere of privileged interests” in the Caucasus and Central Asia are palpable. In the South and East of its vast country,...
... interest in the Renaissance's jack of all trades. However, on a serious note, Russia is facing perhaps one of the biggest challenges in the upcoming decade as its... ... the Energy Policy journal article on which this post builds upon: "Oil & Natural Gas in Russia's Eastern Energy Strategy: Dream or Reality. Also, please feel... ... (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...
... RIAC Monthly Digest. My aim here is to recap, analyse, and offer links to top: Oil&Gas News, Pictures & Videos, from experts and institutions I follow. Also, please feel... ... free to leave a comment below!
March's Top News:
- Xi Jinping... From Russia With Love:
Xi Jinping visit to Russia was highly symbolic, as is the case with... ... 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...
... fairly close, but there are tensions between some of the other leaders. In particular, Putin’s relationship with Berdimuhamedow [2nd President of Turkmenistan], which is probably tenser than it used to be. Turkmen’s can now rely on exporting gas to China and Iran. But that said they share a lot of commonalities: culturally, politically and regime type, and Central Asia would perhaps rather be dealing with someone like Russia or China, in contrast to the US or countries that will ask difficult questions about democracy or human rights.
Some Russian experts and leading academics would argue that politics and energy trade do not interlink or interrelate with each ...
... and researching for my dissertation «The Role of Eastern Energy Strategy in the Russian Foreign Policy: Opportunities and Threats» at the HSE, I was introduced... ... to share its findings and conclusions with anyone who is interested in the oil and gas industry. Before commencing, I just want to give all the appropriate credits and... ... to 1980’s. Moreover, albeit global energy intensity has fallen globally (even China and Russia has improved) due to technological innovation within efficiency, nonetheless...
