Search: Gas,Russia,Arctic (6 materials)

Russia Wants to Modernize — Not Militarize — the Arctic

... real military presence here is in Arkhangelsk and Murmansk. These ports are Russia’s only access point to the world’s ocean. Strategically, there are no other viable options. Developing the Arctic economically through new shipping routes or oil and gas projects is made all the more difficult by the harsh climate, the poor existing infrastructure and the Arctic’s vast expanses. Today, there is no success story that Russia might use as a template to follow. Time and money are the only answers to this problem. What’s more, Russia will increasingly have to compete with other countries’ Arctic aims. In particular, Moscow should continue negotiations with China, ...

29.01.2019

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

... that at the time of signing the documents, Rosneft was not under sanctions prohibiting the activity under the documents signed by the companies (most of them memorialized the extension of pre-existing agreements, for example, on joint projects in the Arctic and related to natural gas development in the Russian Far East). At the same time, the sanctions were applied to Igor Sechin’s assets and activity only in his individual capacity [ 8 , p. 2], so his activity as the CEO of Rosneft, ExxonMobil thinks, is not covered by the sanctions since the inclusion ...

15.10.2018

Arctic Oil and Gas Resource Development: Current Situation and Prospects

... global oil prices that began in the summer of 2014 carries with it a number of risks in assembling a whole range of major oil and gas projects, including shale gas extraction projects, deep-water offshore projects and projects in the Arctic shelf. In these conditions, despite the ongoing surplus of global oil production in relation to consumption, the question ... ... implementing joint projects. Transferring international tensions into the Arctic against the background of sanctions may prompt Russia to consider involving non-regional actors, primarily Asian states, in the Arctic cooperation. Under such circumstances,...

10.10.2016

Why the West, especially Europe, needs Russia

The West’s response to Russia’s actions in Ukraine has been to sanction and attempt to isolate Russia.... ... 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... ... 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...

27.01.2016

To Explore and Develop

Developing Offshore Oil and Gas Resources in the Russian Arctic Shelf: Now and Tomorrow Developing Offshore Oil and Gas Resources in the Russian Arctic Shelf: Now and Tomorrow The Soviet Union started actively developing its Arctic shelf in the early 1980s. The most promising areas of the Arctic shelf were ...

24.11.2015

The Arctic Frontier - Armed with Cooperation

... years until a true trend emerges. A major problem that many of these findings use historic data, which is highly innaccurate, but cannot be avoided due to the necessity to draw trends longer than a few decades. As the above hinted in the case of Russia, there is a peculiar situation as technically the world is facing an impeding disaster, yet as the Arctic melts 22% of the worlds undiscovered gas and oil reserves can be found offshore strategically located within its reach. So, it is hard not to wonder, if for Russia it is the best thing since slice bread! Still, before Russia can uncork the champagne, there are caveats. Firstly, Russia has ...

11.12.2013

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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