EURO416 The EU/ Russian relationship within the energy debate- Russian Oil & Gas supply to the EU.

Slides:

Advertisements

Similar presentations

BARENTS Interreg III B – Work-package 2: Industrial development Sub-group Oil & Gas Supplier.

Advertisements

Central Asian Oil & Gas Development: Alternative Infrastructure Solutions Vladimir Milov Carnegie Endowment for International Peace Washington D.C., October.

Russian and Baltic energy market Review. Contents (example) Short review on general macroeconomic development and forecast of GDP growth in Russia Russian.

Completing the EU internal energy market IFIEC, 22 November 2011

Baltic Energy Strategy Einari Kisel Director of Energy Department.

Institutional aspects of EU-Russia Energy Cooperation (an overview of challenges and issues to be addressed) Michael I. S A V V A Deputy Director Department.

Role and potential small and medium-sized urban areas Latvia’s case

Energy Policy in Romania BOGOS Zsolt, Secretary of State Ministry of Economy and Commerce, Romania - Black Sea Energy Conference - 3 – 5 April 2006, Bucharest,

Energy Security and Current Developments in the Russia-EU Energy Relationship Jack Sharples University of Glasgow.

CONCLUSIONS AND RECOMMENDATIONS Benjamin Schlesinger, Ph.D. Benjamin Schlesinger and Associates, Inc. (BSA) Black Sea Energy Conference Bucharest – April.

Completing the EU internal energy market

GTE Autumn Conference, Paris, October 2003 “The Wider European Energy Policy Perspective” Address by: Dr Ria Kemper Secretary General, Energy Charter.

______________________________________________________________ 1 Who are OGP? International Association of Oil & Gas Producers: - Exploration and production.

ENERGY POLICY FOR SUSTAINABLE GROWTH: Economic Crossroads: From Recovery to Sustainable Growth in the Baltics and EU 24 November 2011 Reinis Āboltiņš.

Russia in global energy context Remarks at the 11th Annual Global Energy Forum by Yevgeny Zvedre, Science & Technology Attaché Embassy of the Russian Federation.

Title written in CAPITAL letters, broken into 2 lines, if it fits with the length of the words Optional: Cover this area with photo. Proportions are approx.

The Effects of China’s Energy Security Strategy on US Interests Erik French, Makoto Saito, and Thomas Hao Sun.

North European Gas Pipeline (Nord Stream) Foreign Policy Implications of the German-Russian Project.

International Energy Forum St. Gallen, November 27, 2014 Alexei Ispolinov Head of International Law department Moscow State University

IES Key points of Russian energy strategy up to 2030 – between Europe and Asia Dr. Alexey Gromov Deputy General Director Institute for Energy Strategy.

Russian Energy Strategy up to Period 2030: Questions, Troubles, Risks Dr. Alexey Gromov Deputy General Director Institute for Energy Strategy Moscow, Russia.

1 Brendan Devlin Adviser, Markets and Infrastructure Directorate B, DG ENER European Commission.

Energy Security in the context of EU Russian Energy Dialogue Dr. Vladimir Voloshin.

The Black Sea Region: New Challenges and Opportunities for Regional Cooperation ( ANALYSES from Ukraine) prof. Grygorii Perepelytsia.

Energy Situation, Security and Policy of China Dr. FENG Fei Development Research Center State Council, PR China.

WIND ENERGY Is there a Latvian Master Plan? CHRISTIAN KJÆR Chief Executive Officer European Wind Energy Association SSE Riga, 4 December 2008 © EWEA/L.

Energy Security Challenges in Ukraine: A snapshot 1.

EU 3 rd Energy Package in the context of the tax problems of cross-border energy supplies REPORTER: KUROCHKIN DENIS ALEKSEEVICH EURASIAN RESEARCH CENTRE.

Security of supply: do the long-term incentives apply? Alan Grant, Executive Director International Association of Oil & Gas Producers.

Eckhard Wiemann Brussels October 2003 GAS SUPPLY POTENTIAL FOR EUROPE GTE Conference October.

Geopolitical forecast: natural gas March 2014 Conference “The Future of Natural gas”

Energy Security – need for diversification Arild Moe Energy security and energy efficiency: Possibilities for Slovak-Norwegian cooperation Bratislava,

Capital Increase of Electricity Company of Montenegro (EPCG) Vujica Lazovic, PhD Investment Conference Podgorica, January 13, 2009 The Government of Montenegro.

Updates on the RFE Energy Sector and the RFE LEAP model, and Implications of a Regional Alternative Path for the Russian Far East Victor Kalashnikov Economic.

: 1 ALGERIA AT THE CROSSROADS PARTNERSHIP WITH ALGERIA CONFERENCE OCTOBER 8, 2015 London Algeria’s economy is heavily reliant on revenues generated from.

ENERGY SECURITY AND THE IMPORTANCE OF EU - RUSSIA ENERGY RELATIONS By Const. S. MANIATOPOULOS Chairman, Institute of Energy for S.E. Europe IENE, Athens,

European Commission DG TREN / C: Conventional Energy Greenhouse gas mitigation and energy policy, a European perspective Presentation by Cristóbal.

Overview of the Cooperation and Major Schemes Bok-Jae Lee Senior Research Fellow.

Andrei V. Belyi Dept on international energy politics Higher School of Economics, Moscow.

Energy Sector in Estonia Ando Leppiman Energy Department, Head of fuel and energy market division.

INTEGRATING THE UNION’S ENERGY POLICY INTO ITS EUROPEAN NEIGHBOURHOOD POLICY ADDED-VALUE OR EMULATING ITS DEFICIENCIES? By: Bart Van Vooren Prepared By.

UPDATES ON THE LATEST DEVELOPMENTS IN LITHUANIA Aistija Zubaviciute National Control Commission for Prices and Energy 3 April 2007, Riga.

ENERGY SECURITY AND ENERGY UNION PERSPECTIVES FOR COUNTRY October/20/2015 CSF, Brussels BETTER RESEARCH, BETTER POLICY, BETTER REFORM

NS4054 “Japan, Southeast Asia, and Australia” Mikkal E. Herberg.

1 Directorate-General for Energy and Transport The European Commission’s Green Paper on energy policy: A European strategy for sustainable, secure and.

Polish Presidency EU Energy and Climate Change Priorities July – December 2011.

1 Belarus CEM Discussions Energy Sector Stable sector structure and governance over the past decade together with recent macro economic performance of.

2 3 GDP growth in Russia and in other G8 countries, GDP growth in Russia and in other G8 countries,

Oil and the Russian Economy by LT Randy Hayes NS4054: Energy Security.

Prof. Samuele Furfari European Commission 21 October 2015

Maj Greg Mayer, USAF Maj Nichole Scott, USAF LT Mate Aerandir, USN Capt Kevin Canning, USMC 2 nd Lt Kellan Bethke, USAF.

NS4054: Energy Security Routes to Energy Security: The Geopolitics of Gas Pipelines between the EU and Its Southeastern Neighbors Supplemental Text: Kalicki.

Energy Issues and Regulatory Developments In Europe and Eurasia NARUC Winter Meeting International Committee February 17, 2008 Robert A. Archer Energy.

Energy Strategy of Russia for the Year 2030 Oil & Gas Outlook Russia 2009 December, 8, 2009 Moscow Alexey Gromov PhD in Economic Geography Deputy General.

Bulgaria Key Energy Challenges: Energy Security Presentation at Kapital Energy Conference Sofia, February 23, 2010 Peter Johansen and Claudia Vasquez Europe.

GCC Economy “Challenges & Opportunities” Presented by: Khaled Alderbesti.

Energy Community Secretariat Committee on Industry, Research and Energy, European Parliament Energy Community Activities and Outlook for the Future Brussels,

“The Russian gas industry: peculiarities of legal regulation” Anastasia Polyakova, HSE Kaliningrad, 25 th of October, 2013.

S.G. Novikov Head of the Federal Tariff Service Budapest, Hungary April 14, th Annual Meeting of the Energy Regulators Regional Association Country.

Russia’s Economy. The Soviet Economy state ownership of almost all economic resources; collectivized agriculture; “command planning”: central planning.

Competitors for East Siberian oil and gas in Asia James Henderson MARCH 2016 Oxford Institute for Energy Studies.

Some Considerations on Russian Foreign Energy Policy Ayako Sugino Institute of Energy Economics, Japan Oct.25, 2003.

Ojārs Kehris Economist Association 2010 President Energy market and security of supply in the Baltics – Latvia, Lithuania, Estonia Reforming Infrastructure.

Better Energy, Better World Cooperation in Natural Gas Industry between Russia and Korea Sept Better Energy, Better World.

National Energy Marketers Association U.S. International Energy Policy

Anastasia Makarenko PhD researcher, ESI-MGIMO

EU-RUSSIA ENERGY DIALOGUE,

September 24, 2004 Helsinki, Finland

Kuwait – Germany Prospects for Cooperation

Potential and scope of the cooperation between US and Three Seas Initiative (3SI) in terms of gas supplies to Europe - introductory remarks Remigiusz.

Presentation transcript:

EURO416 The EU/ Russian relationship within the energy debate- Russian Oil & Gas supply to the EU.

The EU / Russian Energy Dialogue. Important because both parties are bilaterally dependent. EU for resources, and Russia for the market, investment and technology. The guidelines for this were laid down in two 2001 summits, these being: promotion of land transport via pipelines & rail, creation of a pan-European gas & electricity market, support for reforms in the Russian energy sector, & cooperation on energy efficiency & technology transfer

The EU’s energy consumption. The EU currently imports 50% of it’s energy. This will rise to 70% in the next 20 years. As Russia is the second largest supplier of oil and is the largest supplier of Gas in the world it is a critical partner of the EU concerning energy supply.

The EU’s Energy Policy Main Goals: Sustainability, Security & Competitiveness. Diversification of the Energy sector. Energy efficiency and increased security of supply, while keeping within the Kyoto Protocol. Recognition of Russia as an “equal” partner as there is a bilateral dependency.

Russia’s need for investments and its objectives Present Situation Infrastructure is dilapidated with a high level of foreign debt. Lack of competitiveness. Foreign Direct investment incredibly low at 2.5% of investment. Objectives: To double its GDP and reach its forecasted growth rate of 5-6% between To keep state control over energy resources while attracting foreign investment.

Geopolitics: The Baltic example. The construction of the Primorsk bypassing the Baltic in order to have a direct sea connection and importantly so as not to pay the transit transport tariffs. The switching off of pipeline supply via the Baltic despite continuing halts in production and transport. Putins view: “the more Russian hands and feet are tied by transit countries, the more they have a temptation to be parasites on Russia” The Paradox: Russia charges other nations such as Kazakhstan and Turkmenistan transit transport tariffs for use of its network.

Map of the Baltic Ports

Map of existing and proposed Oil & Gas pipelines to the EU

The Future. In the long term the EU will be less dependent on Oil & Gas. This will come as a result of their own push to diversify energy resources and with the gradual depletion of Russian reserves. The present future is good for both the EU & Russia as they have a good relationship & understanding & importantly they need each other. The energy dialogue will probably have positive outcomes on the FSU’s, as the EU & Russia work through the various issues.