Factoring Central Asia in the Russia-India Energy Trade

The article looks into the Russia-India energy trade potential and its strategic significance with a particular focus on the Central Asian energy trade. Russia has become a major player in the energy market and its handling of Syrian crisis has enhanced its position in the Middle East that has impac...

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Autores principales: A. Dhaka, M. Dmitrieva
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Lenguaje:EN
RU
Publicado: MGIMO University Press 2020
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Acceso en línea:https://doaj.org/article/a1ee55e7555a41d2b1fac75fcb0674ad
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spelling oai:doaj.org-article:a1ee55e7555a41d2b1fac75fcb0674ad2021-11-23T14:50:42ZFactoring Central Asia in the Russia-India Energy Trade2071-81602541-909910.24833/2071-8160-2020-6-75-208-227https://doaj.org/article/a1ee55e7555a41d2b1fac75fcb0674ad2020-12-01T00:00:00Zhttps://www.vestnik.mgimo.ru/jour/article/view/2637https://doaj.org/toc/2071-8160https://doaj.org/toc/2541-9099The article looks into the Russia-India energy trade potential and its strategic significance with a particular focus on the Central Asian energy trade. Russia has become a major player in the energy market and its handling of Syrian crisis has enhanced its position in the Middle East that has impact on oil market and production scenario. India has been a growing at a rate of above 5% and its energy needs have been substantial. India and Russia share a very special relationship due to long-standing cultural and political ties and this has been a facilitator to India’s energy security needs. The Central Asian Republics hold a special position for Russia and India in terms of strategic security across South and Central Asian region. The two countries not only deeply connect themselves with the region but also find it necessary to preserve the region from religious extremism and terrorism that is worsened by the narcotics and arms trade. The Central Asian republics are a house to some of the world’s largest natural gas reserves and they have been exporting it large volumes through pipelines. However, the approach has not materialised as South Asia due to the Afghanistan situation. Therefore, Russia remains an important route to access energy resources from Eurasia and Central Asia in particular. India also has high exposure to the maritime energy trade with Africa and Latin America countries that contribute to the counting opportunity cost for accessing Central Asian energy. The paper highlights the significance of energy trade between Russia, India and Central Asian countries that could contribute to geopolitical stability across the region.A. DhakaM. DmitrievaMGIMO University Pressarticlerussiaindiaenergy tradecentral asiaafghanistansouth asiageopoliticsinternational cooperationstrategic partnershipInternational relationsJZ2-6530ENRUVestnik MGIMO-Universiteta, Vol 13, Iss 6, Pp 208-227 (2020)
institution DOAJ
collection DOAJ
language EN
RU
topic russia
india
energy trade
central asia
afghanistan
south asia
geopolitics
international cooperation
strategic partnership
International relations
JZ2-6530
spellingShingle russia
india
energy trade
central asia
afghanistan
south asia
geopolitics
international cooperation
strategic partnership
International relations
JZ2-6530
A. Dhaka
M. Dmitrieva
Factoring Central Asia in the Russia-India Energy Trade
description The article looks into the Russia-India energy trade potential and its strategic significance with a particular focus on the Central Asian energy trade. Russia has become a major player in the energy market and its handling of Syrian crisis has enhanced its position in the Middle East that has impact on oil market and production scenario. India has been a growing at a rate of above 5% and its energy needs have been substantial. India and Russia share a very special relationship due to long-standing cultural and political ties and this has been a facilitator to India’s energy security needs. The Central Asian Republics hold a special position for Russia and India in terms of strategic security across South and Central Asian region. The two countries not only deeply connect themselves with the region but also find it necessary to preserve the region from religious extremism and terrorism that is worsened by the narcotics and arms trade. The Central Asian republics are a house to some of the world’s largest natural gas reserves and they have been exporting it large volumes through pipelines. However, the approach has not materialised as South Asia due to the Afghanistan situation. Therefore, Russia remains an important route to access energy resources from Eurasia and Central Asia in particular. India also has high exposure to the maritime energy trade with Africa and Latin America countries that contribute to the counting opportunity cost for accessing Central Asian energy. The paper highlights the significance of energy trade between Russia, India and Central Asian countries that could contribute to geopolitical stability across the region.
format article
author A. Dhaka
M. Dmitrieva
author_facet A. Dhaka
M. Dmitrieva
author_sort A. Dhaka
title Factoring Central Asia in the Russia-India Energy Trade
title_short Factoring Central Asia in the Russia-India Energy Trade
title_full Factoring Central Asia in the Russia-India Energy Trade
title_fullStr Factoring Central Asia in the Russia-India Energy Trade
title_full_unstemmed Factoring Central Asia in the Russia-India Energy Trade
title_sort factoring central asia in the russia-india energy trade
publisher MGIMO University Press
publishDate 2020
url https://doaj.org/article/a1ee55e7555a41d2b1fac75fcb0674ad
work_keys_str_mv AT adhaka factoringcentralasiaintherussiaindiaenergytrade
AT mdmitrieva factoringcentralasiaintherussiaindiaenergytrade
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