Energy Security

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  • Maibam Warish asked: Can India benefit strategically from the recent re-establishment of full diplomatic relations between Iran and Saudi Arabia?

    Deepika Saraswat replies: The China-mediated agreement between Iran and Saudi Arabia on restoring their diplomatic ties after seven years has been welcomed by New Delhi. Given these two countries are key actors in the region which India considers part of its extended neighbourhood, any calming of tensions or rapprochement between them is seen as furthering regional peace and stability.

    OPEC+ and the Global Oil Market

    OPEC+ policies have had significant implications for oil importing developing countries as well as oil producing states.

    February 13, 2023

    Poland’s Quest for Diversification of Energy

    With the Russian invasion of Ukraine, the expansion of energy routes and suppliers has assumed increased urgency not only for Poland but EU as a whole. To what extent this diversification of supply chain will reduce Poland’s overt reliance on Russia, remains to be seen.

    March 16, 2022

    Intersecting Geo-economics and Geopolitics: Nord Stream 2 and Europe

    Nord Stream 2, a Russian undersea gas pipeline project that intends to deliver natural gas from Siberia to Germany, currently sits at an intersection of several geopolitical and geo-economic cross-currents that determine the economic security as well as the geostrategic balance of Europe.

    December 10, 2021

    From Energy Security to Energy Dominance: US’ Blending of Politics and Economics

    In the aftermath of the successful ‘America First’ or ‘Make America Great Again’ presidential election campaign, President Trump’s era inaugurated the realm of energy politics. It began with the US withdrawal from the Paris Climate Agreement and the lifting of the US export ban on crude oil. So far, it has been featured in setting aside President Obama’s climate change mitigation policy, which emphasized regulation, discouraged oil and gas development, and denounced the extensive exploitation of natural resources.

    March 2020

    The Abqaiq Attack – Fallout on Oil Market

    While there is no immediate shortage of oil as the market is balanced for the time being, there are growing concerns about potential conflict in the region leading to supply disruption and resultant price spike, affecting the already nervous market sentiment.

    October 07, 2019

    Blessy Paul asked: How will the re-imposition of US sanctions on Iran affect India's energy ties with the latter?

    Shebonti Ray Dadwal replies: Despite Iran being India’s third largest oil supplier, the termination of oil purchases from Iran will not affect supplies as other alternative sources are available, in fact eager to gain greater access to the lucrative Indian oil market. However, India will have to do without the concessional terms offered by Iran – such as the 60-day credit line as well as the insurance benefits.

    Swati asked: What role does China play in the EU energy security, keeping in view their current involvement in the UK nuclear energy sector?

    Nandakumar Janardhanan replies: China has the highest number of upcoming nuclear reactors (including planned and proposed) in the world, and a flourishing nuclear industry which is set to be the largest nuclear energy equipment and service provider to the ‘existing and emerging’ nuclear power countries.

    US-Venezuela Stand-off: Impact on Global Oil Prices

    With US sanctions in place on the Venezuelan oil industry, global oil prices are set to rise once again, which may have major geopolitical and geo-economic consequences.

    February 20, 2019

    China’s Big Push for Solar Energy

    China has managed to establish an edge in solar energy manufacturing and technology, and any shift in its solar policy is likely to affect countries looking to increase their solar energy capacity.

    December 31, 2018

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