Russian Energy in a Changing World

Russian Energy in a Changing World

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For a long time Russiaa€™s position as a key global energy player has enhanced Moscowa€™s international economic and political influence whilst causing concern amongst other states fearful of becoming too dependent on Russia as an energy supplier. The Global Financial Crisis shook this established image of Russia as an indispensable energy superpower, immune to negative external influences and revealed the full extent of Russiaa€™s dependence on oil and gas for economic and political influence. This led to calls from within the country for a new approach where energy resources were no longer regarded wholly as an asset, but also a potential curse resulting in an over reliance on one sector thwarting modernization of the economy and the country as a whole. In this fascinating and timely volume leading Russian and Western scholars examine various aspects of Russian energy policy and the opportunities and constraints that influence the choices made by the countrya€™s energy decision makers. Contributors focus on Russiaa€™s energy relations with the rest of the world alongside internal debates about the need for diversification and modernisation in a changing economy, country and world system where overdependence on energy commodities has become a key concern for customer and supplier alike.Tinkering with the taxation system involves the risk of a shortfall in state revenues , at least in the short term a€“ a very risky proposition. ... Low efficiency and lack of interest in new development is also caused by other framework factors, in particular the ... Reforms in 2011, ostensibly meant to secure nondiscriminatory access to trunk oil pipelines, did not provide the ... be paid whether oil is supplied or not; and transport rights cannot be transferred to other producers. as with the taxationanbsp;...

Title:Russian Energy in a Changing World
Author: Dr Jakub M Godzimirski
Publisher:Ashgate Publishing, Ltd. - 2014-02-28

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