Search: Gas,Arctic,Sanctions (3 materials)

Sanctions Activity of the US and the EU in Regard to Russia: Consequences for Arctic Projects

... within the Arctic Council, many of its members and observers maintain sanctions pressure on Russia. In 2014, the US and the European Union (EU) introduced restrictive measures against the Russian Federation, which are actively associated with a notion of sanctions in the foreign doctrine [ 1 ]. Ivan Panichkin: Arctic Oil and Gas Resource Development: Current Situation and Prospects? However, it should be noted that the prevailing point of view in the Russian legal doctrine is that the notions of sanctions and unilateral restrictive measures should not be confused. The ...

15.10.2018

Why the West, especially Europe, needs Russia

... is an important global energy provider. Russia holds 6.87% of the world’s proven oil reserves and 17.4% of its proven gas reserves, and is the fourth largest carbon emitter. It is the world’s largest exporter of natural gas, and the second ... ... Russia and Europe: New Rules of the Game To the north, Russia recently submitted a claim to over 463,000 square miles of the Arctic, and its Arctic zone is expected to contain the majority of the region’s gas and a large share of its oil. With the ...

27.01.2016

To Explore and Develop

... priority for the Russian Federation, considering that the total recoverable resources on the Arctic shelf are estimated at 106 billion tonnes of oil equivalent and 70 trillion cubic metres of natural gas. Having said that, implementing plans to develop the Arctic shelf (to reach annual production levels of 65 million tonnes of oil and 230 billion cubic metres of natural gas by 2030), which could require investments of more than $1 trillion, are significantly hampered by the economic sanctions. Conclusion The continental shelf plays an important role in sustaining global oil and gas production. Over the past ten years, more than two-thirds of the world’s hydrocarbon reserves have been discovered on the continental shelf. All ...

24.11.2015

Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
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