: :inin Kyiv (EET)

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

Energy empire? A Gazprom facility in Moscow. imagesbywestfall/flickr, CC BYRussia 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 …read more

Source: The Conversation

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