... № 48/2019
This working paper was prepared by the Russian International Affairs Council as part of the RIAC’s project on «Conflicts in the Middle East: Tools and Strategies for Settlement». This paper is devoted to analyzing the situation in the oil and gas market in Iraq and Syria, as well as the energy policy of Russia in the Arab Mashreq region. The authors also analyze Iraq’s oil prospects in the post-war period under sanctions against Iran. Special attention is paid to the Kurdish factor and the role the Kurds play in the future of energy ...
... which stands among the most important topics of contemporary economic discourse, with a focus on Russia’s position and development. He divided the presentation into three parts: the sanctions and their effect on the Russian market, the world price of oil, and the role of gas in Russia’s future.
He first discussed the impact of sanctions on the development of Russian energy, claiming that the sanctions themselves did not cause significant damage to Russia’s energy industry, but contributed instead to the balancing of industry towards the state. Modern technologies, which are currently underdeveloped in Russia, have ...
... mostly exploits open-access oil resources. In 10-20 years, they will be replaced by isolated oil and Russia may face decline in oil production and export. To overcome these possible difficulties, the government needs to stimulate import substitution in oil and gas engineering, energy engineering, petroleum chemistry and crude oil refining. As a result, the sanctions imposed by Western countries have narrowed the window of cooperation possibilities between Russia and the EU in energy security.
Major trade movements of natural ...
... approach. Similar to what it did in Equatorial Guinea, the US needs to continue opening its embassies in Africa, energizing civil society by encouraging respect for human rights and adaptation of suitable fiscal systems. Then, high quality sulfur-low oil as well as “gas resources not only can provide energy and revenues for local use, but also can help stabilize oil and gas prices by diversifying and enhancing available supplies for regional and global markets
[9]
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REUTERS/Jonathan Ernst
Anastasia Tolstukhina:
Africa: Obama’s Last Chance
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... Review of World Energy. June 2013. p. 8). The country’s ability to become an oil and gas transit center is strategically important for the development of its energy sector – before the armed clashes, Syria had already been a transit area for energy transportation.
Since March 2011, the Syrian oil and gas sector has suffered severe damage. The destruction of oil and natural gas pipelines, combined with the impact of Western-led sanctions has hindered the exploration, development, production, and transport of the country's energy resources.
Direct ...
... wants to go beyond this summary to explore the outlook in more detail, or browse through IMEMO RAN’s other events and online resources, please follow the links below:
- BP Energy Outlook 2035 Material
- BP Energy Outlook 2035 Factsheet
- BP Energy Outlook 2035 Russia
- Oil and Gas Dialogue (RUS)
BP’s Pure & Fresh Approach:
The most evident sign of BP carrying out a recalibration of its outlook lays on the fact that timeframes have been altered with now the base year of 2012 going up to 2035, rather than as in before ...
... the conference by several speakers that now even the US will likely claim further seabed from the international waters due to oil and gas riches there. It is interesting to point out that a nation can claim a 200 nautical mile territory, but UN allows for a claim ... ... security strategy to 2020' the Arctic receives a lot of attention as a major source of revenue for the state, mainly from energy production and maritime transport. A main goal is to transform the Arctic into Russia’s top strategic base for natural ...
... prepared to play on its terms. In effect, China is left with investing in second-tier opportunities and the Malacca Dilemma persists with just a balancing effort trying to minimise rise in dependence. Li & Cheng (2006) see that options are limited as energy demand in Asia is growing at an annual rate of over 3% and already more than a half of world’s oil and almost 2/3 of gas pass via the strait, thus it is hard to see how these sums will be circumvented. Still, when Li & Cheng wrote their work, trade with Russia was slow, but recently non-equity investments have occurred. So, if China continues to alter its pose it may ...
If we agree that diamonds, malachite and tantalite are a curse for D.R. Congo, then oil must be the penultimate stained Holy Grail of the entire world. It aids Middle Eastern ... ... the standpoints highlighted at this year’s IMEMO RAN event; the “Oil & Gas Dialogue” (26/04/13). As usual, I will offer additional links to expand our... ... Act. If we look at the statistics for manipulators, its frankly shocking. Cambridge Energy Research Associates (CERA) highlight that from 2008 there were no changes within...
... invasion and overthrow of Saddam, about ¼ of Iraqi output was lost in comparison to year 2000, which means it will be a major challenge with the current difficult political climate.
Europe Refines A Meltdown
As a consequence of recent energy trends the European oil refineries are in systemic crisis. USA’s reduction of gasoline imports due to shale and commissioning of highly effective oil refineries in the Middle East/Asia has filled many rooms with pessimism. The period of 2004-2008 branded by LUKoil as the ‘golden age’ of European refining, has come to ...