Energy Cooperation

India-Australia relations have become an intricate set of positives and negatives, with the former outweighing the latter. Kevin Rudd made an honest attempt to redress Indian grievances but he has to walk the talk to improve bilateral ties.

• Rahul Mishra
• November 16, 2009
• IDSA Comments

Iran has unfortunately witnessed a deep political upheaval in the wake of recent Presidential elections leading to vertical polarization among its ruling elite between two major factions, one led by President Ahmadinejad and supported by Supreme Leader Ayatollah Khamenei and the other by opposition leaders Mir Hossein Mousavi and Mehdi Karroubi backed by big personalities and former Presidents Mohammad Khatami and Hashemi Rafsanjani. The conflict between the two elite factions is internally driven and one that is difficult to discern fully.

• P. Stobdan
• August 25, 2009
• IDSA Comments

Hydrocarbon rich Bay of Bengal seems to be emerging as another centre of oil politics. This was recently manifested by a standoff between Myanmar and Bangladesh, when Dhaka sent three naval vessels to stop Myanmar from conducting exploration activities in their disputed Exclusive Economic Zones (EEZs). The crisis has since been diffused, though it is far from over.

• Anand Kumar
• November 27, 2008
• IDSA Comments

The Russia-Georgia conflict has caused several analysts to state that Moscow’s main goal was to ensure its energy dominance in the region. Though this may not be entirely correct – other Russian security interests were equally at play – energy issues did have a large role. Ever since Vladimir Putin took over the reins, he had time and again reiterated the importance of energy in Russia’s regional, and indeed its global, policy. It is well known that Moscow will not allow its supremacy to be compromised. Putin’s successor Dmitry Medvedev appears to be continuing with his mentor’s policy.

• Shebonti Ray Dadwal
• September 04, 2008
• IDSA Comments

With the discovery of substantial gas in Myanmar's Sittwe region in the Rakhine state, India was keen to acquire gas from some of the new finds in the Shwe gas field, divided in several blocks, of which A-1 and A-2 blocks were closer to India and also estimated to have the best recoverable reserves. Given the geographical location, overland pipelines transiting through Bangladesh are the most cost-effective way of getting gas from Myanmar to India. Despite its initial enthusiasm, Bangladesh backtracked from its earlier willingness to be a partner to the tripartite pipeline.

• Sreeradha Datta
• January 2008
• Strategic Analysis

Overseas energy being a key factor in India's economic development, it is necessary to think whether we need to treat the country's global quest for energy resources as a purely commercial interaction with the energy market or as a larger strategy involving diplomatic activism. While not ignoring the importance of nuclear or alternative sources in the country's energy landscape, we need to understand that petroleum sources would continue to be indispensable for India's fuel economy in the foreseeable future.

• J Nandakumar
• August 16, 2007
• IDSA Comments

Vladimir Putin’s week-long visit to Central Asia in the second week of May 2007 was aimed at courting Kazakhstan and Turkmenistan as part of Russia’s future energy strategy in the region. Behind the visit lay the Kremlin’s desire to create a natural gas cartel in the region and maintain its monopoly over gas supplies to Europe. Moreover, despite its vast resources of oil and gas, Russia may actually face domestic shortages, at least of gas, because much of its own resources are in remote areas and need heavy investments to be made productive.

• Meena Singh Roy
• June 11, 2007
• IDSA Comments

Mutual anxiety will dictate relations between Beijing and Washington over energy and related geo-strategic matters. There is little doubt that the United States cannot tolerate obstruction, real or perceived, to its access to sufficient volumes of foreign oil, now or in the future. Also, particularly between now and the 2008 Olympics Games in Beijing, China will find it a paramount imperative not to suffer from a major reduction in or deliberate disruption to its foreign energy supply.

• Zha Daojiong
• May 2007
• Strategic Analysis

The general impression is that Iran has gained tremendously from rising oil prices, fuelled by its vast oil wealth. In reality, however, given increased domestic consumption coupled with inefficient usage and subsidies, Iran is actually struggling to produce enough oil and gas for export. Without substantial upgrades Iran's oil production is expected to go through a gradual decline. Though Iran has abundant oil reserves, estimated at around 137 billion barrels, it has not even been able to generate its OPEC quota due to lack of technical expertise and skills.

• Rohit Pattnaik
• February 23, 2007
• IDSA Comments

In January 2007, when the Iranian Supreme Leader Ayatollah Khamenei suggested to the Secretary of the Russian Security Council, Igor Ivanov, that the two countries should explore setting up an OGEC or an organization of gas exporting countries similar to OPEC, Ivanov dismissed it as a "general idea" and not a "proposal for discussion".

• Shebonti Ray Dadwal
• February 21, 2007
• IDSA Comments