Oil and Gas in the Capitals ///

Recent events have cast a shadow on the Kremlin’s goal to reroute part of its oil and gas production to the east. Do you remember where the situation stood at the end of last spring? By then, we were in the middle of the post-Fukushima trauma. Nuclear energy was seen, at best, as a diminishing option in several countries, even excluded totally by some. Power shortages were a problem in Japan, and more were expected to come. In that context, it was logical to look at other options, among them development of Russian natural gas exports to the region. This was the starting point in low-key cooperation among some regional countries and Russia to look at the future.

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