: :inin Kyiv (EET)

Russia: a global energy powerhouse that’s much more than a petro-state


Scott L Montgomery, University of WashingtonRussia is not what you think. Most discussion about its energy influence has focused on oil and gas, particularly gas. Russia can be described, and is routinely described, as a petro-state. This is only partly accurate.In truth, Russia has been building an altogether new kind of energy state, one with more global influence than even OPEC. A fundamental reason is Russian prominence in multiple energy domains, especially oil, gas, coal and nuclear power.This multi-pronged energy strategy – from fossil fuels to a reinvigorated nuclear power program – has geopolitical and economic implications that stretch from …read more

Source: The Huffington Post

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