GEO POLITICS OF ENERGY
- Created by: Sharon
- Created on: 10-04-15 13:32
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- GEO POLITICS OF ENERGY
- GAZPROM
- Helped reassert Russia's power and influence and a way to restore international position.
- 2004 Ukraine replaced pro-Russian government with pro-Western reformers and in 2006 Ukraines' gas supply was cut off as Russia quadrupled the price and Ukraine refused to pay.
- CHINA
- Complex relationship with Russia
- China needs more energy as economic growth
- Energy supplies vital for maintaining control of communist party and internal security
- Current oil travel by tanker. (between Indonesian, Sumatra and Malaysia) subject to frequent attacks so need new pathways
- China and Russia joint political interest over US military presence in Asia (democracy) thus preventing China expanding
- JAPAN
- No oil reserves thus wants Russia's.
- Third largest oil consumer
- 2007 Imported over 3/4 from Middle East.
- Access to ESPO pipeline reduce dependency on Middle East by 15%.
- INCONVENIENT NEIGHBOURS
- Russia and China share long border thus need good relationship
- They are suspicious of each other. (rival power) Therefore Russia reluctant to commit in terms of energy supply.
- Russia promised increase exports to China to 300K barrels a day
- Japanese government keen for access to ESPO thus offered $7Billion to extend pipeline.
- Helping to rebuild relationship between Russia and Japan.
- the Japanese financing will restrict Chinese access to Russia's oil
- ESPO allows Russia wider pacific region market.
- ESPO allows Russia wider pacific region market.
- Russia and China share long border thus need good relationship
- EAST SIBERIA - pacific ocean pipeline
- 2600miles long. Offering Russia new pathway to pacific markets.
- Russian, Chinese, Japanese governments all interested in oil.
- China and Japan competing for access to Russia's oil in order to secure future supplies.
- GAZPROM
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