Energy Cooperation

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  • India struggling to cope with sanctions on Iran

    The Indian government is now weighing several options to manoeuvre around the ever-tightening sanctions, including the provision of sovereign guarantees to oil tanker operators.

    June 26, 2012

    Transporting Overseas Energy Resources: A Pressing Need but is it a Feasible Prospect?

    While overseas coal acquisition is a priority for both the government and private players, an important issue confronting them is the transportation of the acquired resources to the domestic market.

    June 07, 2012

    India and the US: Squaring the Circle on Iran

    Attempts by India and the US to square the circle on the nature of India’s energy cooperation with Iran have hit high gear in the aftermath of Clinton’s visit.

    May 10, 2012

    India’s Iran Defiance

    The American inability to provide effective leadership in the Middle East is a sufficient incentive for Indian defiance over unilateral oil sanctions against Iran. Yes, this defiance has difficulties and problems, but it is worth the price to assert India’s independent foreign policy making.

    March 19, 2012

    Blessy asked: How far has India been successful in meeting its energy requirements by improving its relationship with the Gulf countries?

    Shebonti Ray Dadwal replies: First, India has always placed relations with the Gulf countries at a premium due to its dependence on oil sourced from this region as well as religious and other factors, such as presence of five million Indians living and working in the GCC countries. Second, of late, as part of its energy security strategy, India is following a policy of energy source diversification and is widening its source base to African and other energy-rich countries. However, the Gulf is and will remain its, as well as the world's, largest source of oil and gas. Third, the Gulf countries too are placing more importance on relations with Asian countries, notably China and India, as important future markets for the energy. It is noteworthy that the Asian countries are overtaking the Western countries as the largest consumers of energy.

    At a time when India and other Asian countries are looking for substituting a portion of their Iranian oil imports, Saudi Arabia is the only country that can provide extra barrels as it is the only Gulf country with spare capacity. It has recently signed a strategic partnership agreement with India with energy as a major area of focus. Therefore, India's rising economic profile as well as its growing energy market would be more a cause for Gulf countries to strengthen their relations with India than India seeking to improve relations with these countries.

    India-Bhutan Power Cooperation: Between Policy Overtures and Local Debates

    With hydel cooperation emerging as an important pillar in India-Bhutan relationship, this Issue Brief examines the challenges and opportunities in this sector in the years to come.

    October 07, 2011

    Tamanthi Hydel Project: India’s Eastern Foothold

    Building dams like the Tamanthi represent India’s attempt to enhance strategic ties with Myanmar, which is seen as India’s gateway to the ASEAN.

    June 06, 2011

    TAPI – Still a Distant Dream

    If the TAPI pipeline does see the light of day, it will be due to US support and its larger political and strategic considerations.

    May 02, 2011

    Prime Minister Manmohan Singh’s Visit to Kazakhstan

    Dr. Singh’s visit has led to a major thrust on cooperation in the energy sector including hydrocarbons and nuclear energy.

    April 27, 2011

    West Asia and Oil Politics

    Today hardly any part of the world is untouched by the interplay of oil and international politics. Consumers as well as producers are concerned about the impact of national and international events that increase or restrict the supply of energy. Given that the West Asian region holds the world's largest residual oil and gas resources, the article seeks to analyse the importance of West Asia in the context of the changing geopolitical situation and its impact on the current oil market. The article also focuses on the issue of the petrodollar and looks at its impact on the oil market.

    March 2011