Political Geography: Middle East / Topic: Energy Policy

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

Author:: David L. Goldwyn
Publication Date:: 08-2002
Content Type:: Policy Brief
Institution:: EastWest Institute
Abstract:: Together, the United States, Europe, and Russia can help to diversify the global energy supply by creating a Global Strategic Petroleum Reserve (GSPR) filled largely with oil from Russia and other states in the Caspian Basin. Such a move would mitigate U.S. and European dependence on Middle East oil and help to stabilize world oil prices. Other important beneficiaries of a GSPR would be the Asia-Pacific economies outside the OECD that currently lack strategic reserves. A GSPR offering access to China and other Asian economies would help anchor these states in an important, positive-sum arrangement that highlights shared energy security interests with Russia and the West. If managed responsibly, creating the GSPR will not antagonize OPEC countries, which themselves benefit from stable energy markets. Moreover, developing the GSPR will encourage the reform and modernization of Russian and other transition countries' energy economies and give real substance to collaboration on energy issues between Russia, the EU, and the U.S. If coupled with close collaboration on Caspian energy development, the creation of a GSPR would make U.S. and EU energy ties with Russia and its neighbors sources of substantial, long-term strength.
Topic:: Security and Energy Policy
Political Geography:: Russia, United States, Europe, Middle East, and Asia

Author:: Graham T. Allison and Emily Van Buskirk
Publication Date:: 05-2001
Content Type:: Working Paper
Institution:: Belfer Center for Science and International Affairs, Harvard University
Abstract:: The date is July 1, 2001. Real world history and trends occurred as they did through March 19, 2001 — except for the hypothetical departures specified in the case below. Events after March 19 that are not specified in this case are assumed to be straight - line projections of events as they stand on March 19. Assume, for example, that sporadic violence continues in the Middle East at the current level of intensity; Britain and the U.S. are nearing the end of their review of UN sanctions against Iraq, and will soon make recommendations on refocusing the sanctions to make them “smarter”; as expected, Mohammad Khatami was reelected as President of Iran on June 8 with a mandate for continued reform; the price of oil is $25/barrel; events in Chechnya and Ukraine, and negotiations over Nagorno - Karabagh will continue as before.
Topic:: Conflict Resolution, Security, Democratization, and Energy Policy
Political Geography:: Britain, Russia, United States, Iraq, Ukraine, Middle East, Asia, and United Nations

Author:: Alan Makovsky
Publication Date:: 03-2001
Content Type:: Policy Brief
Institution:: The Washington Institute for Near East Policy
Abstract:: Turkey's economic crisis is naturally the leading issue in bilateral U.S.-Turkish relations, and it is almost certainly topping the agenda of today's meetings of Foreign Minister Ismail Cem with Vice President Richard Cheney and other senior officials. Of course, these meetings pose the difficult question of how much Washington should do, if anything, to bail out its strategically vital ally. But this is only one of several uncertainties characterizing U.S.-Turkish relations in the early days of the Bush administration. Because so much of Turkey's importance to the United States derives from its critical strategic location, bilateral relations are greatly affected by U.S. policies toward other states in Turkey's region. Of most concern to Turkey will be the evolution of Bush administration policy toward Iraq, Iran, and Russia, and also toward Europe's nascent bid to develop an autonomous security capacity.
Topic:: International Relations, Security, Defense Policy, Economics, and Energy Policy
Political Geography:: Russia, United States, Iraq, Europe, Iran, Washington, Turkey, and Middle East

Author:: Mordechai Abir
Publication Date:: 09-1997
Content Type:: Policy Brief
Institution:: Jerusalem Center for Public Affairs
Abstract:: The stability of Saudi Arabia (and the Persian Gulf as a whole) is crucially important to the world's industrial countries. According to the Gulf Center of Strategic Studies, "oil is expected to account for 38 percent of all the world consumption of energy until 2015, compared to 39 percent in 1993. Increasing world-wide demand for oil, now about 74 million barrels per day, is projected to rise by 2015 to about 110 million" (Gulf Report, London, July 1997). Over 60 percent of the world's proven oil reserves are located in the Persian Gulf, and Saudi Arabia alone controls 25 percent of the total.
Topic:: International Relations, Security, Foreign Policy, Economics, Energy Policy, Politics, and Religion
Political Geography:: Middle East and Saudi Arabia

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