Russia Archives - Page 18 of 20

Russia and the Bushehr Nuclear Power Plant

On September 16, 2007, Iranian Foreign Minister Manouchehr Mottaki announced the completion of the Bushehr Nuclear Power Plant, adding that it was "sealed by the UN nuclear watchdog, International Atomic Energy Agency (IAEA)". On September 20, Reza Aqazadeh, the head of Iran's Atomic Energy Organization, in reference to his talks with Sergei Kiriyenko, the director of Russia's Federal Atomic Energy Agency in Vienna, said that they "discussed the pending issues of the Bushehr Nuclear Power Plant".

The Re-emergence of an Assertive Russia

Russia's decision to resume the Soviet-era practice of sending strategic bombers on long-range flights well beyond its borders, just a few days after concluding an air exercise over the North Pole involving such aircraft, seems to suggest a willingness to challenge US intrusion into its neighbourhood and NATO's continuing eastward expansion. Some 14 strategic bombers took off from seven airfields across Russia, along with support and refuelling aircraft on August 17.

The Caspian Pipeline Deal and Russia’s Energy Strategy in Central Asia

Vladimir Putin’s week-long visit to Central Asia in the second week of May 2007 was aimed at courting Kazakhstan and Turkmenistan as part of Russia’s future energy strategy in the region. Behind the visit lay the Kremlin’s desire to create a natural gas cartel in the region and maintain its monopoly over gas supplies to Europe. Moreover, despite its vast resources of oil and gas, Russia may actually face domestic shortages, at least of gas, because much of its own resources are in remote areas and need heavy investments to be made productive.

Russia Aspires to the Status of ‘Energy Superpower’

Russia's evolving 'energy ideology' and its approach to defining its role in the global energy markets with the particular focus on the interests in and intentions for Asia have drawn considerable attention. Russia's claim for the role of 'global energy security provider', advanced with much aplomb in the context of the G8 chairmanship, is, however, undermined by the stagnation in the oil and gas production and increasing shortages of electricity.

India and Russia Need to Deepen Economic Relations

The recent meeting of the Indo-Russian Business Co-operation Council and the Trade and Investment Forum in New Delhi was significant, in that it took place after the recent summit-level talks between the two countries. This symbolises the fact that both countries assign considerable value to increasing bilateral trade and economic co-operation.

Why are we talking about an OGEC now?

In January 2007, when the Iranian Supreme Leader Ayatollah Khamenei suggested to the Secretary of the Russian Security Council, Igor Ivanov, that the two countries should explore setting up an OGEC or an organization of gas exporting countries similar to OPEC, Ivanov dismissed it as a "general idea" and not a "proposal for discussion".

President Putin’s Visit to India

Vladimir Putin's visit to India on January 25-26, 2007 provided fresh impetus to the strategic partnership between the two countries. The visit reinforced the interests of both states in maintaining their traditionally close and friendly relationship and in strengthening a multipolar world order.

Russia is Harnessing its Energy Potential to Regain its Former Glory

Russia's energy potential is undeniably playing a significant role in its geopolitical and economic revival. Viewing energy as the major source for its growth, Russia is modernizing and diversifying its energy sector. It has been playing a significant role in supplying energy to many countries of the world. It has performed its role consistently and reliably during the past many years and is expected to do so in the foreseeable future as well.

Nivedita Das Kundu
November 21, 2006
IDSA Comments

Resurgence of Russian Economy

With its economy in a resurgent mode, Russia seems set to regain its traditional influence and power. But in tune with the popular Russian saying that "the bear is still licking its wounds," Russia has to overcome a number of obstacles to sustain its economic growth. Russia's economic resurgence has been made possible by a combination of factors: strong leadership and firm handling of the transition to a free market economy, integration into the world economy, the growth in oil and gas production and increasing oil revenues due to rising prices.

Overfed Europe, Underpaid Russia: Beginning of a New Energy Cold War?

Russia is on the move to become an energy superpower by spreading its influence deep into Western and Eastern energy markets. Possessing the largest reserve of natural gas in the world, Russia's domestic and foreign policies have now come to be largely determined by the energy factor. Apart from the already existing market in the West, Moscow's plan to explore Asian markets was welcomed by the major energy consuming countries such as China, Japan, and the Koreas in the East Asian region.