NBR Analysis vol. 19, no. 2
Russian Energy Policy and Strategy
Russia’s reemergence as a major power in the international system has prompted renewed attention to developments in the country as well as to Moscow’s foreign policy actions and goals. Because oil and natural gas resources drive much of Russia’s growing power, the Kremlin’s domestic and foreign energy policies have been of particular interest to U.S. policymakers and observers of the country. Growing global energy demand and rising energy prices provide essential context for Russia’s reemergence, simultaneously raising anxiety levels among the major consumer countries and raising confidence levels among the major producer countries. These tendencies have been especially apparent in Asia, a region that has seen sharp increases in energy consumption and is highly dependent on imported fuels. Yet, as has been the case in many other periods of rapid change, neither the anxieties nor the confidence will likely prove fully justified. Such is the unambiguous message of these two important articles by Mikhail Kroutikhin and Robert Legvold.