The challenges in Russia’s energy sector are changing. On the demand side, Europe is seeking to limit its dependence on Russian oil and gas, with the result that China and other Asian countries are likely to eventually become growing export markets for Russian energy. On the supply side, oil and gas fields in West Siberia are diminishing and in future Russia’s energy will have to come more from East Siberia and the Arctic, which will necessitate new infrastructure development and the employment of advanced technologies, which may increase Russia’s dependence on commercial partners from outside Russia. This book explores the challenges facing Russia’s energy sector and the resulting security implications. It includes a discussion of how far the Russian state is likely to continue to monopolise the energy sector, and how far competition from private and foreign companies might be allowed.
1. Introduction Susanne Oxenstierna and Veli-Pekka Tynkkynen 2. The Energy Strategy of Russia for the Period up to 2030: Risks and Opportunities Alexei Gromov and Nikolay Kurichev 3. EU-Russia Gas Relationship at a Crossroads Chloé Le Coq and Elena Paltseva 4. Subsidies in Russia’s Gas Trade Stacy Closson 5. Politicizing Energy Security – Russia and the European Union Hanna Smith 6. Russian Bioenergy and the EU’s Renewable Energy Goals: Perspectives of Security Veli-Pekka Tynkkynen 7. Security Implications of Russian Energy Policy: A View from the Baltic States Arūnas Molis and Monica Ogrodowski 8. Securing Electricity Supply for a Growing Economy Laura Solanko 9. Nuclear Power in Russia’s Energy Policies Susanne Oxenstierna 10. Private Enterprise in the Russian Oil Sector Stephen Fortescue 11. The Progress and Potential of Oil and Gas Exports from Pacific Russia Michael Bradshaw 12. Russia’s External Energy Strategy: Opportunities and Challenges in the Next 20 Years Jakub M. Godzimirski