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“We ask Europeans to more carefully assess the potential for co-operation with Russia.” Yuri Shafranik, Chairman, Union of Oil & Gas Producers of Russia The Oil & Gas Year Russia 2020 highlights the country’s latest milestones in bolstering its position on the global energy market. The Russian oil and gas industry has been moving further east to boost its hydrocarbons production, launching the Power of Siberia pipeline and continuously exploring the potential of Arctic regions and the Northern Sea Route. “Tatarstan has been the country’s scientific and practical training ground for developing bituminous oil production technologies.” Rustam Minnikhanov, President of the Republic of Tatarstan The Oil & Gas Year Russia 2020 spotlights the Republic of Tatarstan, one of Russia’s powerful oil bases. Tatarstan’s dynamic local industry has maintained and even increased its oil production over recent years. Produced in partnership with the Union of Oil & Gas Producers of Russia, this edition of The Oil & Gas Year Russia series provides foresight to investors and companies looking at strategic growth opportunities in the country, at a time when major fiscal regulatory changes and public policies to support import substitution are reshaping one of the world’s largest energy-producing markets. This product is also available in Russian.
A Foreign Affairs Best Book of the Year on Eastern Europe and the Former Soviet Republics The Russian oil industry—which vies with Saudi Arabia as the world’s largest producer and exporter of oil, providing nearly 12 percent of the global supply—is facing mounting problems that could send shock waves through the Russian economy and worldwide. Wheel of Fortune provides an authoritative account of this vital industry from the last years of communism to its uncertain future. Tracking the interdependence among Russia’s oil industry, politics, and economy, Thane Gustafson shows how the stakes extend beyond international energy security to include the potential threat of a destabilized Russia. “Few have studied the Russian oil and gas industry longer or with a broader political perspective than Gustafson. The result is this superb book, which is not merely a fascinating, subtle history of the industry since the Soviet Union’s collapse but also the single most revealing work on Russian politics and economics published in the last several years.” —Robert Legvold, Foreign Affairs “The history of Russia’s oil industry since the collapse of communism is the history of the country itself. There can be few better guides to this terrain than Thane Gustafson.” —Neil Buckley, Financial Times
Russian influence in Central Asia is waning. Since attaining independence, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan have forged their own paths—building relationships with outside powers and throwing off the last vestiges of Soviet domination. But in many ways, Moscow still sees Central Asia through the lens of the Soviet Union, and it struggles to redefine Russian relations with the region. In The Fight for Influence, Alexey Malashenko offers a comprehensive analysis of Russian policies and prospects in Central Asia. It is clear that Russian policy in the formerly Soviet-controlled region is entering uncharted territory. But does Moscow understand the fundamental shifts under way? Malashenko argues that it is time for Russia to rethink its approach to Central Asia. Contents 1. Wasted Opportunities 2. Regional Instruments of Influence 3. Russia and Islam in Central Asia: Problems of Migration 4. Kazakhstan and Its Neighborhood 5. Kyrgyzstan—The Exception 6. Tajikistan: Authoritarian, Fragile, and Facing Difficult Challenges 7. Turkmenistan: No Longer Exotic, But Still Authoritarian 8. Uzbekistan: Is There a Potential for Change? Conclusion Who Challenges Russia in Central Asia?
A discerning analysis of the future effects of climate change on Russia, the major power most dependent on the fossil fuel economy. Russia will be one of the countries most affected by climate change. No major power is more economically dependent on the export of hydrocarbons; at the same time, two-thirds of RussiaÕs territory lies in the arctic north, where melting permafrost is already imposing growing damage. Climate change also brings drought and floods to RussiaÕs south, threatening the countryÕs agricultural exports. Thane Gustafson predicts that, over the next thirty years, climate change will leave a dramatic imprint on Russia. The decline of fossil fuel use is already underway, and restrictions on hydrocarbons will only tighten, cutting fuel prices and slashing RussiaÕs export revenues. Yet Russia has no substitutes for oil and gas revenues. The country is unprepared for the worldwide transition to renewable energy, as Russian leaders continue to invest the national wealth in oil and gas while dismissing the promise of post-carbon technologies. Nor has the state made efforts to offset the direct damage that climate change will do inside the country. Optimists point to new opportunitiesÑhigher temperatures could increase agricultural yields, the melting of arctic ice may open year-round shipping lanes in the far north, and Russia could become a global nuclear-energy supplier. But the eventual post-Putin generation of Russian leaders will nonetheless face enormous handicaps, as their country finds itself weaker than at any time in the preceding century. Lucid and thought-provoking, Klimat shows how climate change is poised to alter the global order, potentially toppling even great powers from their perches.
“To attain energy security and the ability to supply natural gas to a domestic market with an increasing demand, infrastructure development is key.” Fanshurullah Asa, Chairman, BPH Migas The Oil & Gas Year Indonesia 2020 highlights Indonesia’s ambitious goals to ramp up exploration and production activities, advance the development of natural gas and LNG, and pioneer renewables projects – all together making the archipelago a key energy hub in Southeast Asia. “There are positive projections in Indonesia for natural gas, which will transform into the energy resource of the future.” Jamsaton Nababan, President-Director, Pertamina EP Cepu The Oil & Gas Year Indonesia 2020 paints a detailed picture of Indonesia´s energy scene under Jokowi’s renewed administration, focusing on the varied efforts the country is undertaking to enhance its oil and gas production, upgrade its refining capacity and push for an energy transition. Produced in partnership with the Indonesian Chamber of Commerce and Industry (KADIN), this fifth edition of TOGY’s Indonesia series provides insight to investors on the government’s efforts to push the energy industry forwards, providing a clear picture of Indonesia’s opportunities at a time when gas is the new oil and Indonesia is driven by its pursuit of the energy transition.
A Marginal Revolution Best Book of the Year Winner of the Shulman Book Prize A noted expert on Russian energy argues that despite Europe’s geopolitical rivalries, natural gas and deals based on it unite Europe’s nations in mutual self-interest. Three decades after the fall of the Berlin Wall and the breakup of the Soviet empire, the West faces a new era of East–West tensions. Any vision of a modern Russia integrated into the world economy and aligned in peaceful partnership with a reunited Europe has abruptly vanished. Two opposing narratives vie to explain the strategic future of Europe, one geopolitical and one economic, and both center on the same resource: natural gas. In The Bridge, Thane Gustafson, an expert on Russian oil and gas, argues that the political rivalries that capture the lion’s share of media attention must be viewed alongside multiple business interests and differences in economic ideologies. With a dense network of pipelines linking Europe and Russia, natural gas serves as a bridge that unites the region through common interests. Tracking the economic and political role of natural gas through several countries—Russia and Ukraine, the United Kingdom, Germany, the Netherlands, and Norway—The Bridge details both its history and its likely future. As Gustafson suggests, there are reasons for optimism, but whether the “gas bridge” can ultimately survive mounting geopolitical tensions and environmental challenges remains to be seen.
This book examines Russia’s capacity to respond to a changing world through the lens of the country’s oil industry. Against a backdrop of social, political and climatic change, Indra Overland and Nina Poussenkova present a systematic analysis of how modern energy developments in the form of shale oil, offshore oil and the global energy transition are handled.
This book examines Russia’s multidimensional foreign energy policy and the emerging and ongoing conflicts with energy-consuming and transit countries. Russia’s Foreign Energy Policy examines whether the interdependence patterns shaped through various channels (such as foreign trade, investment, finance, technology, and social interactions) between Russia and energy-importing countries could prevent energy-based conflict. Drawing on semi-structured expert interviews, Kenan Aslanli challenges the one-sided conventional wisdom that focusses on foreign policy ambitions and overlooks the peculiarities of the energy dimension. Instead, Aslanli highlights the complexity of contemporary energy affairs using a holistic approach that goes beyond geopolitics. He examines various energy types such as crude oil, natural gas, and nuclear and considers a diverse range of actors which include energy companies and international organizations. Using examples from Europe, Asia, and the Middle East, Aslanli demonstrates how the Russian strategy of using energy resources as a tool or energy weapon for foreign policy goals has a diminishing return in the long run. This book will be of great interest to students and scholars of energy policy, foreign policy, and Russian studies more broadly.
This volume examines the role of Russia in the world under President Putin’s rule. When the Soviet Union disintegrated after the Cold War, Russia seemingly embarked on the establishment of a democratic political system and seemed intent on joining the liberal international order. However, under President Putin’s rule, there have been dramatic shifts in Russian domestic and foreign policies, in order to re-establish itself as a great power. This book examines broad aspects of Russian political culture and threat perception, such as Russia’s reaction to NATO expansion; its information warfare and energy policies; and its policy towards the Global South, especially the Middle East and Africa. The objective of the analyses is to explain the factors that influence Russian foreign policy, and to show how and why Russian relations with the European Union and the United States have deteriorated so rapidly in recent years. The volume introduces an alternative approach to the standard realist perspective, which often underlies existing analyses of Russian policy – namely, the work offers a theoretical perspective that focuses on the Russian sense of identity and on ontological security. This book will be of much interest to students of Russian foreign policy, security studies, and International Relations.