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  • Shebonti Ray Dadwal

    Senior Fellow
    +91 11 2671 7983

    Shebonti Ray Dadwal is a Senior Fellow with the Institute for Defence Studies and Analyses (IDSA) where she heads the Non-Traditional Security Centre. Prior to joining IDSA, she served as Deputy Secretary at the National Security Council Secretariat, and was also Senior Editor with The Financial Express.

    Her research focus is on Energy Security. She has several peer-reviewed articles and papers focusing on Energy Security, including a monograph on The Geopolitics of America’s Energy Independence: Implications for China, India and the Global Energy Market, and a book Rethinking Energy Security in India (2002). Her second book The Geopolitics of Gas: Common problems, Disparate Strategies is ready for publication. She has also co-edited a book Non-Traditional Security Challenges in Asia: Approaches and Responses, published by Routledge in 2015, and co-authored the IDSA Report on Security Implications of Climate Change for India (2009).

    She is a member of the CSCAP Study Group on Energy Security as well as member of the Core Group on Myanmar of the MEA’s Indian Council of World Affairs (ICWA). In April 2009, she was awarded a Chevening Fellowship by the Foreign and Commonwealth Office of the UK on completion of a course in Economics of Energy at the Institute for Energy Research and Policy, University of Birmingham, UK. She is also a member of the Editorial Board of IDSA’s flagship journal Strategic Analysis.

    Other publications

    The Challenges of Energy Connectivity
    West Asian Turmoil and the Future of the Regional Gas Sector: Implications for India

    Select Publications

    • A strategic petroleum reserve offers India the leverage to be a serious player in the international oil market, as it will have the option to release supplies when prices spike and recharge the reserve when prices are low.

      November 02, 2018
      IDSA Comments
    • The value of the Caspian energy reserve lies in its potential to add to global reserves of oil and gas, which, in turn, could bring down costs.

      September 12, 2018
      IDSA Comments
    • President Trump’s decision to withdraw from the Iran nuclear deal has sent oil prices soaring again. Even prior to the May 8, 2018 announcement, after falling to below $30 a barrel in early 2016, oil prices were on the boil again, belying the projections of market analysts, including those of the respected International Energy Agency (IEA), that the era of $100 plus per barrel of oil was over. The projections were based on the assumption that nations would move increasingly away from oil—and coal—to meet their carbon mitigation commitments under the Paris Agreement.

      Strategic Analysis
    • Given that Iran accounts for around 10 per cent of India total oil imports, the immediate factor for New Delhi will be to look at various options to deal with the situation without jeopardising its energy security.

      July 12, 2018
      IDSA Comments
    • Despite the easing of international crude prices, the central government is unlikely to cut central excise duties since a cut of Re 1 would result in a loss of revenue of Rs. 10,725 crore.

      May 30, 2018
      IDSA Comments
    • In 2012, the International Energy Agency (IEA) in its ‘World Energy Outlook’ said that the world was entering a ‘Golden Age of Gas’. With its lower carbon-emitting properties, gas seemed poised to claim its rightful place in the global energy mix as a bridge between polluting hydrocarbons and green renewables. Moreover, it has all the ingredients to make it as worthy a contender in the energy geopolitical game as did oil a few decades ago.

      Strategic Analysis
      • Publisher: Pentagon Press

      The world is entering an era with increased global demand for energy, price volatility, and rising concerns about environmental burdens and the global impact of climate change. Directly or indirectly, these factors have given rise to related concerns such as deregulation and geopolitical uncertainties. Moreover, the challenges related to the energy issue go beyond scientific or technological aspects and extend to access to resources, regional conflicts, pricing and energy infrastructure management.

      • ISBN: 78-93-86618-28-3,
      • Price: ₹ 795/- , $27.95/-
      • E-copy available
    • China’s launch of a yuan-denominated oil futures exchange will provide it with the opportunity to create an Asian crude oil benchmark and give it more clout in crude pricing and for promoting the yuan as a truly global currency.

      February 22, 2018
      IDSA Comments
    • India should invest in creating a competitive solar module sector across the manufacturing chain, from procuring primary resources to the finished product.

      November 22, 2017
      IDSA Comments
    • In May 2017, some 1,200 delegates from 110 countries, including 29 visiting heads of state and government leaders, gathered in Beijing for China’s biggest diplomatic event, which was held to showcase the Belt and Road Initiative’s (BRI) achievements to date, as well as draft some new ideas. The forum also formalised the US$50 billion China–Pakistan Economic Corridor (CPEC), a flagship project of the BRI, projecting it as a game-changer for Pakistan’s economy.

      Strategic Analysis