INTRODUCTION India’s relationship with the erstwhile Soviet Union and the Russian Federation is founded on trust and mutual interests . India and Russia established a deep-rooted friendship and diplomatic relationship on april 17, 1947, marking the beginning of cooperation and friendship. The civilizational links, spiritual and cultural affinities of both the nations forms the basis of deep understanding between each other and the mutually beneficial relationship ,which has always defined India-Russia cooperation as time-tested and rock solid. As the saying goes that an “old friend is worth two new ones,” India and Russia follow similar feelings. Russia is today one of the biggest hydrocarbon resources holders of the world. A large amount of their oil is likely to be produced from western Siberia and Volga-Ural basins. The development of new oil and gas basins in the Arctic offshore, east Siberia and far east will further replenish the existing resource base. On the other hand, a developing country like India ahs seen in recent years substantial rise in energy demand due to population growth and economic development. However, the country has long suffered ‘energy poverty’ due to excessive dependence on West Asian sources. The need of the hour is to diversify the sources of energy supply. Russia’s growing production of hydrocarbons and India’s expanding market are sought to be matched through dedicated joint ventures. State backed companies of both the countries have come together to cooperate on both upstream and downstream energy projects. India’s recent economic performance, growing energy market and technical capabilities make India and Russia one of the most reliable partners in the quest for energy security. EN... ... middle of paper ... ...chnical capabilities, do provide additional stimulant to the economy of Russia. BIBLIOGRAPHY • Significance of Indo-Russian relations in 21st century: V.D.Chopra (kalpaz publications) • Indo-Russian relations(Prospects, Problems and Russia Today): V.D. Chopra (kalpaz publications) • Article : Offshore energy cooperation: Kishore Kumar • Article: Indo-Russian economic cooperation: Debidatta Aurobindo Mahapatra • Article: Energy Cooperation between India and Russia( policy and approach) : Nivedita Das Kundu • Article: Re-energizing the Indo- Russian relationship : Katherine Foshko Tsan • Article: India- Russia Strategic Partnership( common perspectives) : P. Stobdan • http://in.rbth.com/articles/2012/12/14/untapped_potential_for_russia_in_indian_renewable_energy_21011.html .
Cuba’s unpredictable shift toward socialism and its growing dependence on the Soviet Union divided both the leadership and the country at large. With a relationship dating back to before Fidel Castro’s installment into power, Russia and Cuba have both played major roles in the development and regression of each other’s economies and societies.
America is dependent on other nations for their ability to create energy. The United States is the world’s largest consumer of oil at 18.49 million barrels of oil per day. And it will continue to be that way for the foreseeable future considering the next largest customer of oil only consumes about 60% of what the U.S. does. This makes the U.S. vulnerable to any instability that may arise in the energy industry. In 2011, the world’s top three oil companies were Saudi Aramco (12%), National Iranian Oil Company (5%), and China National Petroleum Corp (4%). The risk associated with these countries being the top oil producers is twofold. One, they are located half way around the world making it an expensive to transport the product logistically to a desired destination. And two, the U.S. has weak, if not contentious,...
Beginning in the 1940’s, the global landscape was changing dramatically. With the start of World War II, tensions were rising among the world’s most powerful nations. Russia, Germany, Japan, Great Britain, and the United States were all trying to achieve global dominance. During World War II, the smart decision to invest in atomic energy made the United States a global superpower.
The U.S. and Russia have cold war history and ideology still strong among their constituents. The Cold War was also never really over, hence why assuming geopolitics were no longer relevant was a mistake on behalf of Fukuyama’s The End of History. The history of the U.S. and the Soviet Union are described through international proxy wars heavily relying on strategic locations, geopolitics is imbedded in their relationship. They both are always competing for spheres of influence, now not only in regards to Crimea in Ukraine, but also in Syria. Russia will not forget the financial build up of Western states after WW II, the integration of Warsaw Pact states and the Baltic Republics into NATO (Mead, 2), and the containment policy of states around the world that lead to the dissembling of the Soviet
Once Kissinger has this truth to form the foundation of his argument, he introduced his major claim: that the crisis is an opportunity to achieve greater cooperation between the west and Russia. This is not only his thesis, but it also establishes a loci of the preferable wherein greater cooperation between global powers is deemed more valuable than confrontation.
The Cold War is famous not only for its long engagement between the two super powers, the U.S. and the Soviet Union, but also because of the heightened physical tension that nuclear power brought to the global stage. Winning the war at the cost of human annihilation was not abnormal political conversation, and from the 1940s onward, fear of global destruction became a daily concern (Granieri, 2011). The circumstances of the Cold War made it different than previous international conflicts because it was the first conflict that could potentially lead to massive, worldwide destruction. Without the dangers of nuclear power, the Cold War wouldn't have differed much from previous historical conflicts between powerful states.
Consequently, Russia offers U.S. businesses both high risk, and potentially high rewards. Russian firms and customers admire U.S. technology and know-how, and generally are interested in doing business with U.S. companies. At the same time, there is a tendency in some quarters to suppose that the U.S. is responsible for the changes which have occurred in Russia, especially those which have caused most hardship to individuals and to industry. This sentiment has attracted the support of some political leaders, and in given credence by a significant proportion of the populace. At the same time, a strong U.S. commercial presence is viewed in the Russian Far East as a counterbalance to other regional economic powers.
Russia is the largest country in the world in terms of area and the world’s ninth most populous nation with 143 million people. Due to its large area the country is situated in 4 different climate zones and has vast natural resources. Russia also has a unique geographic position with the 14 border countries, bounded by 3 out of 4 world oceans, facilitating the build of international and domestic supply chains. Russia is one of the most technologically advanced economies in the world with a very big and well-educated work force and one of the largest consumer markets. The Russian economy is commodity-driven and is the world’s largest producer of oil (12%), natural gas (18%) and nickel (20%).
The alliance that had formed between two super powers, U.S and USSR during World War II was not strong enough to overcome the past decades of suspicion and unease between the two nations. Unwilling to compromise because of paranoia about their postwar national security created high tension atmosphere in U.S- Soviet Union’s relationship. This unstable partnership finally cracked due to the defeat of Nazi German: An unnatural alliance that was bound to fall apart after the defeat of the common enemy can be considered the origin of the Cold War.The Cold War had an enormous impact on the United States politically, socially, and economically including Red hunts, unconditionally fear of Communism and McCarthyism in the period 1940s-1950s, also shaped U.S.’s political agendas. This war ended as the reform programs introduced by Soviet president Mikhail Gorbachev, which unexpectedly led to the collapse of Soviet Union. The...
Energy, especially from fossil fuels, is a key ingredient for all sectors of a modern economy and plays a fundamental role in improving the quality of life in less developed economies. In 2007, India is ranked fifth in the world in terms of energy demand; accounting for 3.6% of total energy consumed, and is expected to grow at 4.8% in the future. India imports 70% of the oil it uses, and the country has been hit hard by the increasing price of oil, uncertainty and environmental hazards that are concerned with the consumption of fossil fuels. In such context, bio energy constitutes a suitable alternative source of energy for India, as large amounts of raw material are available to be harnessed.
However, there has been a spike in the private companies in this industry. Companies like Reliance Energy, Adani Power and Tata Power are now supplying and vying for the market share.
Energy plays an important role in every country’s economy. Natural gas is the cheapest fuel, relatively cleaner, lower in density as compare to the other
...based energy system at the expenses of energy resources. The complex geopolitics required Indonesia maintaining a relative stable international relationships with its allies by long-term energy supply. Through multilateral cooperation, Indonesia can easily upgrading its energy industry by setting up hydro plants and thermal plants instead of its coal plants. Importing equipment and hiring skillful experts from advanced country contributes to Indonesia auto research and management innovation in energy sector. An improvement in energy producing efficiency can great alleviate energy poverty and cut carbon dioxide emissions and to some extent better management in energy consumption.
international politics (politics in general) are objective to be interpreted by one's own understanding of
In addition to, a huge issue with non-renewable energy is the fact that we get most of it from foreign countries. According to a recent study done by Energy Information Administration, “58% of our petroleum comes from outside the country”, this means as some speculate, that o...