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Begin New Search Topic Energy Policy Political Geography Eurasia Publishing Institution The Jamestown Foundation

1. Russia Strives for an Oil and Gas Resurgence

Author:
Pavel K. Baev
Publication Date:
12-2020
Content Type:
Working Paper
Institution:
The Jamestown Foundation
Abstract:
As the global economy—animated by the arrival of multiple COVID-19 vaccines—hopes for the first signs of recovery, expectations also rise in Russia for an accompanying surge in demand for oil and natural gas and renewed prominence of energy geopolitics in foreign policy-making. President Vladimir Putin is a firm believer in hydrocarbons as the world’s main energy source and a sceptic of “green agendas,” even if Chinese President Xi Jinping has subscribed to the pledge to curtail emissions (TASS, September 30). Russia’s Energy Strategy 2035, approved in June 2020, sets ambitious goals for expanding oil and gas extraction and defines the shifts in the world markets toward carbon-neutral energy production as a major challenge (Vedomosti, May 19; see EDM, June 2). Mainstream Russian experts dismiss the European Union’s post-crisis recovery plans that include new incentives for developing zero-carbon-emission energy sources; defiantly, they project that Russian energy exports to the European market will continue to expand (Kommersant, December 3).
Topic:
Foreign Policy, Energy Policy, Oil, Natural Resources, Gas, and Economy
Political Geography:
Russia and Eurasia

2. Russia and Iraq Deepen Energy, Military Ties

Author:
John C. K. Daly
Publication Date:
12-2020
Content Type:
Working Paper
Institution:
The Jamestown Foundation
Abstract:
As the United States hastens its drawdown of troops in Iraq before the January 20 inauguration of President-elect Joseph Biden, Russia is seeking to fill the developing geopolitical vacuum there. On November 25, following discussions in Moscow with Iraqi Foreign Minister Fuad Hussein, Russia’s top diplomat, Sergei Lavrov, remarked that Russian energy firms have invested billions of dollars in the Iraqi oil industry. “When it comes to energy, the largest Russian companies are working in Iraq together with their partners. These are Lukoil, Rosneft, Gazprom-Neft and Bashneft. All four have invested more than $13 billion in the Iraqi economy,” Lavrov told journalists (Interfax, November 25). He added that Moscow was also prepared to increase arms deliveries to Baghdad, stating, “We are ready to meet any Iraqi needs for Russian-made military products. Our country has traditionally played and continues to play a very important and significant role in ensuring Iraq’s defense capability and equipping its army and security forces, including in the context of continuing terrorist threats” (Mid.ru, November 25).
Topic:
Foreign Policy, Energy Policy, Bilateral Relations, and Military Affairs
Political Geography:
Russia, Iraq, Eurasia, and Middle East