By Velina Tchakarova Much has been written and speculated over an emerging strategic alliance between Russia and China, which I gave the name ‘the Dragonbear’ in the geopolitics of the 21st century. Interpretations of the context of deepening bilateral relations range from very sceptic to very optimistic prognoses for the future. But what does the Dragonbear really aim to … Continue reading
By Pavel K. Baev China will host a huge military parade in Beijing on September 3, and President Vladimir Putin will be in attendance—returning President Xi Jinping’s earlier gesture of Sino-Russian partnership, which the Chinese head of state expressed as the top guest of honor at the parade in Moscow on May 9. Yet, this past … Continue reading
By James Henderson The United States Geological Survey has estimated that the Arctic regions contain around 130 billion barrels of liquids and 47 trillion cubic metres of gas, equivalent to 22% of the world’s undiscovered hydrocarbon resources. It is hardly surprising then that all the countries whose coasts encircle the region, the US, Canada, Greenland, Norway … Continue reading
By Pepe Escobar, Asia Times “Pipelineistan” – the prime Eurasian energy chessboard — never sleeps. Recently, it’s Russia that has scored big on all fronts; two monster gas deals sealed with China last year; the launch of Turk Stream replacing South Stream; and the doubling of Nord Stream to Germany. Now, with the possibility of sanctions on … Continue reading
By EIA Russia is the world’s largest producer of crude oil (including lease condensate) and the second-largest producer of dry natural gas. Russia also produces significant amounts of coal. Russia’s economy is highly dependent on its hydrocarbons, and oil and natural gas revenues account for more than 50% of the federal budget revenues. Russia is … Continue reading
By F. William Engdahl I want to share my impressions from a recent visit to St. Petersburg where I was invited to speak on a panel titled “Never Let a Good Crisis Go to Waste.” The title is another version of the old Chinese proverb, “A crisis also presents new opportunities.” This is what is emerging … Continue reading
The number of contracts signed during the International Economic Forum in St. Petersburg in Russia completely refutes the picture of Russia’s economic isolation as 205 deals estimated at $5.4 billion were signed. Let’s look at the numbers closer to get a better overview of the forum. 2015 205 contracts valued at around $5.4 billion vs. 2014 … Continue reading
On June 2nd, EMerging Equity reported that Greece was planning to sign a document on political support for Gazprom’s Turkish Stream project at the St. Petersburg International Economic Forum. Surprisingly, while struggling with its debt, Greece wanted to allocate $2 billion to support its construction. And … it happened. Russia and Greece have signed a deal to create a joint enterprise for construction … Continue reading
Greece plans to sign a document on political support for Gazprom’s Turkish Stream project at the St. Petersburg International Economic Forum in June, its Energy Minister announced on Monday. The country plans to invest $2 billion in its construction. A memorandum on political support for the gas pipeline project will be prepared by June 18-20, … Continue reading
Russian President Vladimir Putin and Chinese President Xi Jinping on Friday signed a decree for cooperation in tying the development of the Eurasian Economic Union (EEU) with the New Silk Road economic project. Russia and China also signed a number of energy, trade, and finance deals on Friday, which are aimed at strengthening economic ties between the two nations. … Continue reading