ID | 130857 |
Title Proper | Russian energy sector |
Other Title Information | challenges of the times |
Language | ENG |
Author | Shafranik, Yu |
Publication | 2014. |
Summary / Abstract (Note) | A major but little talked about oil-related event is that last year Kurdistan launched a pipeline that will run through Turkey. This is a harbinger of big geopolitical change. Over the past few decades, the energy sector has regained its footing - this is a great achievement. In the last ten years, exports of oil doubled in comparison with the Soviet period. During the same time, oil prices rose nearly five times. Production increased from 340 million to 520 million tons per year. These are very decent numbers, a good result. Many infrastructure projects were implemented, helping to double exports of oil. Baltic pipeline, the Caspian Pipeline Consortium, terminals, gas infrastructure, Nord Stream, the Eastern Siberia-Pacific Ocean pipeline - these are all very serious projects, the base for the future. There are new projects launched, and a part of fields put into operation. |
`In' analytical Note | International Affairs (Moscow) Vol.60, No.2; April 2014: p.132-138 |
Journal Source | International Affairs (Moscow) Vol.60, No.2; April 2014: p.132-138 |
Key Words | Eastern Siberia-Pacific ; Baltic Pipeline ; Russia ; Turkey ; Kurdistan ; Energy Policy ; Energy Strategy ; Geopolitics ; Geo Political Context ; Caspian Pipeline Consortium ; Geopolitical Change ; International Relations - IR ; World Politics ; Russia Federation ; Foreign Policy ; International Cooperation - IC |