OIL PIPELINE IN THE FAR EAST: ECONOMICS AND GEOPOLITICS
Abstract
Export pipelines in the east of Russia are developing into a major issue that in the wake of 9/11 has acquired a geo-economic dimension. Having realized the risk of being dependent on the Middle Eastern oil the oil importers started looking for (or creating) alternative sources of energy fuels. This increased an interest in the promising hydrocarbon reserves of Eastern Sibe-ria. Today Russia is seeking an answer to a tricky question: How can the country play its “oil pipe-line card” with the best economic and geopolitical results?
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