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81. Security Implications of Russian Energy Policies

Author:
Keith C. Smith
Publication Date:
01-2006
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
Russia's tough stance towards Ukraine on natural gas prices was viewed by many in Europe and the United States as raising new issues concerning Russia's foreign economic policies and growing European and US dependency on energy imports. For many new EU member states and for countries such as Ukraine, Georgia, and Moldova, however, this is an old problem. Central European attempts to flag the issue in Western capitals have until now been brushed aside. The rapid approval by the EU Commission of the Russian-German undersea gas pipeline project was a mistake. The concerns of the Central Europeans should have been examined in more detail. Western governments would also be wise to analyse more closely the political and security implications of Russia's energy policies.
Topic:
Security, Foreign Policy, and Energy Policy
Political Geography:
Russia, United States, Europe, Ukraine, Asia, and Germany

82. Brookings Foreign Policy Studies Energy Security Series: India

Author:
Tanvi Madan
Publication Date:
11-2006
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
Growth demands energy. It is no wonder that India — with an economy expected to grow at over 5 percent a year for the next twenty-five years — has developed a ravenous appetite for energy. India is the world's fifth largest consumer of energy, and by 2030 it is expected to become the third largest, overtaking Japan and Russia.
Topic:
Security, Development, and Energy Policy
Political Geography:
Russia, Japan, India, and Asia

83. The Russian Federation

Author:
Fiona Hill, Clifford G. Gaddy, Dmitry Ivanov, and Igor Danchenko
Publication Date:
10-2006
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
Energy is at the heart of Russia's remarkable change of fortune over the past seven years. Emerging from a state of virtual bankruptcy in August 1998, the country now enjoys large surpluses, has inverted its debt burden with the outside world, and has racked up successive years of economic growth and low inflation. This dramatic turnaround is directly related to Russia's status as the world's largest producer of oil and natural gas—the country has benefited tremendously from soaring prices on the world market.
Topic:
Development, Emerging Markets, and Energy Policy
Political Geography:
Russia, Europe, and Asia

84. The New Energy Security: 2005 Global Oil and Gas Forum

Author:
John A. Riggs
Publication Date:
01-2006
Content Type:
Working Paper
Institution:
Aspen Institute
Abstract:
Energy security means different things to different countries. Importing countries primarily focus on supply. Since the oil price shocks of the 1970s, the focus of energy security has been on achieving adequate supplies at reasonable prices, without incurring serious disruptions. Recent high prices have intensified this concern and renewed interest in policies to bring prices down.
Topic:
Security, Energy Policy, and Oil
Political Geography:
Russia, China, Europe, Middle East, India, Asia, and Saudi Arabia

85. Prospects for energy cooperation in North-East Asia

Author:
Ernest Wyciszkiewicz
Publication Date:
08-2006
Content Type:
Working Paper
Institution:
The Polish Institute of International Affairs
Abstract:
The cooperation between the Russian Federation, the People's Republic of China, and Japan in the field of energy is one of the major factors defining the foreign policies of these countries and determining the strategic environment in Northeast Asia. For several years now, each of the three countries has been considering means of ensuring long-term energy security (Japan and China), and the appropriate use of existing energy potential to modernise the state and improve its international standing (Russia).Although the energy cooperation between these countries is still of a limited scope, the dynamic development of the regional energy markets is to be expected, given the fast changing international setting. The nature of future relations between the three powers (whether cooperative or confrontational) in the field of energy will have an impact on both regional and global security, particularly if one considers the growing political and economic significance of the Asia-Pacific region. An analysis of the present state of this cooperation and of its future prospects entails a discussion of the existing international and domestic conditions determining the policies of the three main actors: Russia, China, and Japan.
Topic:
Security and Energy Policy
Political Geography:
Russia, Japan, China, Israel, Northeast Asia, and Asia-Pacific

86. Vladimir Putin and Russia's Oil Policy

Author:
Martha Brill Olcott
Publication Date:
02-2005
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
The honeymoon between the Western oil industry and Russian President Vladimir Putin ended in mid-2003 when the Russian procurator's office began arresting Yukos executives. The Kremlin's seemingly sudden attack on private industry surprised the international business community that was expecting investment-friendly behavior from the Russian leadership. After assuming power in late 1999, Putin quickly signaled interest in developing a strong energy partnership with the United States, including increased opportunities for Western firms to invest in Russia's oil and gas industry.
Topic:
Development, Energy Policy, and Industrial Policy
Political Geography:
Russia, United States, Europe, and Asia

87. India's energy needs

Author:
Nick Hordern
Publication Date:
12-2004
Content Type:
Policy Brief
Institution:
Lowy Institute for International Policy
Abstract:
India's exploding demand for energy is confronting New Delhi with two important dilemmas, one internal and one external. India's internal dilemma is that to satisfy its energy needs, India must not only expand but also renovate its energy sector, a huge task. Moreover, New Delhi must balance accelerating the necessary reform of this sector with the need to avoid alienating important domestic constituencies. The external dilemma derives from the fact that India will only be able to meet part of its increased energy demand from its own domestic resources, and therefore will be increasingly forced to rely on energy imports. India is trying to secure its energy supplies in a hostile geo-political climate, since New Delhi's parlous relations with its neighbours make energy cooperation difficult. The resultant fears regarding the vulnerability of India's external sources of energy chime with a core principle of New Delhi's political culture, swadeshi (self-sufficiency), whose influence, while waning, retains its potency. Concerns regarding energy security are particularly prevalent in the case of oil, where India's dependence on imports is becoming acute. The proximity of the Persian Gulf to India's industrialised northwest makes it the main source of growing oil imports. But this in turn increases India's reliance on the unstable Gulf. In order to reduce this risk New Delhi will seek out oil from new energy provinces in the Atlantic Basin, Sudan, Russia and South East Asia. It will also turn to a new energy source - gas - and more imports of liquefied natural gas (LNG) will be one result. India's energy needs have implications for Australia. India's growing demand for energy will see coal continue to dominate the energy mix, and as a result India's demand for imported coking coal, including from Australia, is also set to grow. At the same time, India's quest for diversity of supply means that at least some of India's increased LNG imports are likely to be Australian.
Topic:
Economics, Energy Policy, and International Cooperation
Political Geography:
Russia, Sudan, India, Asia, New Delhi, Australia, and Southeast Asia

88. Russia's Winter Woes: Tariff Setting for Local Utilities in a Transition Economy

Author:
Sergei Sivaev, Raymond J. Struyk, Valentin Andrianov, and Emin Askerov
Publication Date:
04-2003
Content Type:
Working Paper
Institution:
Urban Institute
Abstract:
During the past two winters, breakdowns in district heating services in Russia have grabbed international headlines. In Russia these services and water and sewerage services are the responsibility of municipal governments; these governments set the tariffs for these services. This article examines the tariff-setting process during 1997–2001 for these two services with particular emphasis on the decision process for considering tariff increases. We find that little progress has been made during the transition period in developing the legal base for rational tariff-setting procedures. Overall, tariff increases have been substantially less than the rate of inflation. Statistical analysis confirms that decisionmaking is highly politicized and that in times of extreme inflation tariff increases lag even further behind inflation, with the sector being used as a kind of shock absorber to cushion the full impacts of inflation on the population. There is an obvious acute need for leadership at the national level to address these problems.
Topic:
Development, Energy Policy, and Government
Political Geography:
Russia, Europe, and Asia

89. Russia's Role in the Shifting World Oil Market

Author:
Lynne Kiesling and Joseph Becker
Publication Date:
05-2002
Content Type:
Working Paper
Institution:
Belfer Center for Science and International Affairs, Harvard University
Abstract:
Recent changes in Russia's domestic oil industry have had dramatic effects on world oil markets, including Russia's emergence as the number two exporter of oil after Saudi Arabia. These effects are occurring even though Russia is not close to fully exploiting its reserves. Russia's oil industry has large growth prospects, and this potential will allow Moscow to take a greater market share away from OPEC in the future. A number of factors will facilitate this trend. Russia's target oil price is lower than OPEC's, which gives it an incentive to continue exporting beyond OPEC's wishes. Also, Russia's oil industry is more privatized than the oil industries in Persian Gulf states, which allows it to be more entrepreneurial in attracting investment and joint ventures.
Topic:
Security, Energy Policy, and International Organization
Political Geography:
Russia, United States, Europe, Middle East, Moscow, and Kabardino

90. Transatlantic Energy Security and the Caspian Basin: Moving Towards a Common Agenda

Author:
Adam N. Stulberg and Hendrik Cosijn
Publication Date:
08-2002
Content Type:
Policy Brief
Institution:
EastWest Institute
Abstract:
Once considered an impediment to stable development and a catalyst for a new “Great Game,” Caspian energy may play a stabilizing role in world markets and geopolitics after all. With the West's growing dependence on hydrocarbon imports, growing tensions in the Middle East, and Moscow's emergence as a major player in 21st century energy politics, the Caspian region is poised to become a focal point for cooperation between the United States, Europe, and Russia. Policymakers in Washington, Brussels, and Moscow share a common interest in preventing the Caspian Basin from lapsing into another Persian Gulf, where windfalls in oil revenues have fueled instability and extremism. They also recognize that efforts to extract and export Caspian energy must advance regional development and stability. Thus far, however, shared interests have not yielded real transatlantic partnership on Caspian energy issues. Different strategic orientations and preferred approaches for unlocking Caspian energy threaten to mar prospects for broadening and deepening transatlantic cooperation in the region. To date, the U.S., Europe, and Russia have pursued parochial interests in the Caspian Basin without much regard for each other. The time is ripe for American, European, and Russian policymakers to take stock of the burgeoning confluence of interests, mount a concerted effort to prevent backsliding, and cement a common agenda by forging a trilateral dialogue on Caspian energy issue.
Topic:
Security and Energy Policy
Political Geography:
Russia, United States, Europe, Washington, Asia, and Moscow