Caspian Report - Issue: 08 - Fall 2014

More documents

Recommendations

Info

WHY RUSSIA SIGNED A MAJOR GAS CONTRACT WITH THE CHINESE DRAGON: CHALLENGE TO REAL PARTNERSHIP OR SCARCE WEDDING CANDY MESUT HAKKI CASIN MESUT HAKKI CASIN SENIOR FELLOW, CENTER ON FOREIGN POLICY AND SECURITY, HASEN 88
Evaluating the new China-Russia agreement requires an analysis of the character of these states’ decision-making process in relation to multi-level interest balances. A deal for Russian pipeline gas exports to China has been one of the most anticipated global gas developments since the end of the Cold War. Recently, Russia and China signed a 30-year, $400 billion deal for Gazprom to deliver the Russian gas to China. At the same time, Moscow and Beijing signed a series of cooperation agreements in many fields, including banking, telecommunications, space, transportation, engineering and other industries. 1 Russia will supply China with 38 billion cubic meters (bcm) of gas. Under this agreement, over 1 trillion cubic meters of gas from Russia’s East Siberian fields will be supplied over the 30 year contractual period, starting in 2018. Also, Russia and China have advocated for the establishment of a new security and sustainable development architecture in the Asia-Pacific region. This article seeks to contribute to the understanding of the institutional framework of China-Russia energy cooperation and its possible management by results. To this end, 1. Should this agreement be considered another example of the growing military, economic and political ties aimed at deepening practical cooperation If yes, will China and Russia support each other on the global stage Outside the energy sphere, the binding agreements signed include: the exploitation by the E+ group and the Shenhua company of coal deposits; the construction of a thermal power plant by RAO ESV (which is part of RusGidro) and the Dongfang Electric International Corporation; the construction of a car factory in Tula by Great Wall Motors (US$500 million); the construction of a synthetic rubber factory in Shanghai by Sibur and SINOPEC; and the delivery of parts for assembling cars by the Derways and Huatai companies. According to the Russian press, an agreement was also signed on financing the construction of a new railway bridge over the Amur, although it does not appear in the list of documents signed at the summit. The deal would reportedly include Russia selling China as many as four Lada Class air-independent propulsion submarines as well as 24 Su-35 multirole fighter jets. The Su-35 fighters, in particular, would greatly enhance China’s ability to project air power in the South China Sea. More recently, there have been reports that Vladimir Putin has approved the sale of Russia’s most advanced air and missile defense system, the S-400, to China. However, it is striking that, contrary to the expectations, no agreements in the military-technical field were concluded. The sales of Su-35 fighters to the Chinese were not finalized, despite several years of negotiations, nor were the 2012 framework contract for the supply of submarines signed. The coincidence of the summit with the ‘Maritime Cooperation-2014’ joint Chinese-Russian naval maneuvers, with the two leaders attending the opening ceremony, can be considered as an important signal demonstrating that Russian-Chinese cooperation also has a military dimension. Zachary Keck: “China, Russia Military Ties Deepen With Naval Drill in East China Sea”, The Diplomat, 2 May, 2014, http://thediplomat.com/2014/05/china-russia-military-ties-deepen-with-navaldrill-in-east-china-sea/, Witold Rodkiewicz: “Putin In Shanghai: A Strategic Partnership On Chinese Terms”, Fortuna’s Corner, 24 May, 2014, http://fortunascorner.com/2014/05/24/putin-in-shanghai-a-strategic-partnership-on-chinese-terms/. 89 CASPIAN REPORT, FALL 2014
Page 1:
CASPIAN PUBLISHED BY CASPIAN STRATE
Page 4 and 5:
Dear Readers, CASPIAN REPORT 2 It i
Page 6 and 7:
CASPIAN CASPIAN REPORT 4 06 FATIH M
Page 8 and 9:
FATIH MACIT, HOLLY REHM 6 THE U.S.
Page 10 and 11:
FATIH MACIT, HOLLY REHM 8 shale rev
Page 12 and 13:
FATIH MACIT, HOLLY REHM 10 in the 1
Page 14 and 15:
FATIH MACIT, HOLLY REHM 12 SINCE TH
Page 16 and 17:
FATIH MACIT, HOLLY REHM 14 these tw
Page 18 and 19:
FATIH MACIT, HOLLY REHM 16 LNG’s
Page 20 and 21:
FATIH MACIT, HOLLY REHM 18 kets, pa
Page 22 and 23:
MANFRED HAFNER 20 THE SOUTHERN GAS
Page 24 and 25:
MANFRED HAFNER 22 THE DOCUMENT RECO
Page 26 and 27:
MANFRED HAFNER 24 Notwithstanding t
Page 28 and 29:
MANFRED HAFNER 26 TANAP, A PROJECTE
Page 30 and 31:
MANFRED HAFNER 28 by the Shah Deniz
Page 32 and 33:
MANFRED HAFNER 30 Snam Rete Gas has
Page 34 and 35:
MANFRED HAFNER 32 THE ESTABLISHMENT
Page 36 and 37:
MATTEO VERDA 34 LNG MARKET: TRENDS
Page 38 and 39:
MATTEO VERDA 36 traditionally accou
Page 40 and 41: MATTEO VERDA 38 bcm), Brunei (9 bcm
Page 42 and 43: MATTEO VERDA 40 for transport vesse
Page 44 and 45: MATTEO VERDA 42 of the global LNG m
Page 46 and 47: MUBARIZ HASANOV 44 AN OVERVIEW OF E
Page 48 and 49: MUBARIZ HASANOV 46 Figure 1. Primar
Page 50 and 51: MUBARIZ HASANOV 48 Figure 4. Real c
Page 52 and 53: Figure 7. Price of transport fuels
Page 54 and 55: Figure 10. Electricity generation i
Page 56 and 57: Figure 13. Breakdown of electricity
Page 58 and 59: THE SOUTHERN GAS CORRIDOR - WINDOW
Page 60 and 61: NINO KALANDADZE 58 become comprise
Page 62 and 63: NINO KALANDADZE 60 This picture mak
Page 64 and 65: NINO KALANDADZE 62 Security policy.
Page 66 and 67: NINO KALANDADZE 64 There are benefi
Page 68 and 69: NINO KALANDADZE 66 tion of Crimea b
Page 70 and 71: RADU DUDAU 68 THE UKRAINE CRISIS: L
Page 72 and 73: RADU DUDAU 70 RUSSIA HAS FREQUENTLY
Page 74 and 75: RADU DUDAU 72 Russia, which depends
Page 76 and 77: RADU DUDAU 74 WHAT INTERNATIONAL LA
Page 78 and 79: RADU DUDAU 76 THE NEAR FUTURE WILL
Page 80 and 81: RADU DUDAU 78 THE UKRAINIAN GOVERNM
Page 82 and 83: RADU DUDAU 80 parliament decided to
Page 84 and 85: Black Sea Serpents’ Island. RADU
Page 86 and 87: RADU DUDAU 84 (where Russia holds v
Page 88 and 89: RADU DUDAU 86 IN TERMS OF ENERGY, A
Page 92 and 93: MESUT HAKKI CASIN 90 I will focus o
Page 94 and 95: Russian President Vladimir Putin sh
Page 96 and 97: Figure II: Russian energy infrastru
Page 98 and 99: Kazakhstan President Nursultan Naza
Page 100 and 101: MESUT HAKKI CASIN 98 economic devel
Page 102 and 103: Figure IV: China’s gas import sou
Page 104 and 105: THANOS DOKOS, THEODORE TSAKIRIS 102
Page 116 and 117: ARZU YORKAN 114 TURKEY’S RENEWABL
Page 118 and 119: ARZU YORKAN 116 is 12 th in the wor
Page 120 and 121: Figure 4: Solar Energy Potential At
Page 122 and 123: ARZU YORKAN 120 Figure 8: The share
Page 124 and 125: ARZU YORKAN 122 THE STRATEGY PAPER
Page 126 and 127: ARZU YORKAN 124 TURKEY HAS NOT YET
Page 128 and 129: CASPIAN
Page 130 and 131: THE EU AGREEMENT ON THE 2030 FRAMEW
Page 132 and 133: EU Commission President Jean Claude
Page 134 and 135: ROMAN RUKOMEDA 132 THE PHANTOM OF R
Page 136 and 137: Russia’s gas giant Gazprom CEO, A
Page 138: CASPIAN CALL FOR PAPERS 136 Caspian
show all

Caspian Report - Issue: 08 - Fall 2014

Create successful ePaper yourself

Delete template?

Save as template?