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Caspian Report - Issue: 08 - Fall 2014

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day become more technologically<br />

developed in military and defense<br />

sphere then Russia.<br />

In the first half of November Vladimir<br />

Putin is planning to visit China.<br />

There the price of gas contract will<br />

be signed or at least defined (most<br />

probably on the level of 250-300<br />

dollars per thousand cubic meters)<br />

and all the other contracts that China<br />

needs from Russia will be signed. In<br />

such a way big Chinese buying of<br />

Russia will be formalized. Only after<br />

that China can give a small financial<br />

help to Russia on the level “Chinese<br />

money for Chinese products and<br />

goods”. The role of Russia – China gas<br />

deal as the pass operation for entering<br />

Russian economy will be finally<br />

presented which will make the real<br />

gas cooperation between two sides<br />

a big phantom. China will not really<br />

need Russian gas so the pipeline will<br />

not really be built on time under the<br />

sanctions against Russia.<br />

Big Putin’s bluff about turning cooperation<br />

to the East from Europe will<br />

become clear to all that will seriously<br />

reduce Russian energy and political<br />

influence in EU. The price for chaotic<br />

and arrogant behavior in international<br />

relations and against Ukraine<br />

will be fully paid by Russia and its<br />

leaders. Only after that the new effective<br />

strategies of energy development<br />

can return to Europe and on<br />

global level.<br />

135<br />

CASPIAN REPORT, FALL <strong>2014</strong>

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