Energy Security of the Eurasian Economic Union in the Context of New Challenges and Threats

DOI: 10.33917/es-5.197.2024.22-31

In the modern world, deep structural changes are taking place due to changes in technological structures. This process is accompanied by dramatic changes in the system of economic assessments and large-scale shifts in the economy.

Global energy industry is facing serious challenges and upheavals, requiring the search for new development opportunities for the fuel and electric complex. There are two key components implied here. The first one is the energy challenges facing the Eurasian Economic Union. The second is the readiness to overcome them through joint efforts.

References:

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Forecast of economic development and energy consumption in Russia and abroad in the medium term

The article analyzes the development of the economy and the consumption of energy resources for the coming years in Russia and abroad. The role of energy resources in the growth of prices in 2022 in the EU countries is shown. An increase in the export of energy resources from Russia to Asia (China, India) was noted, with a significant decrease in oil and gas supplies to Europe. The impact of the Russian oil price ceiling on the budget in 2023 is assessed. The results of the Davos Forum in January 2023 are analyzed.

References:

1. Alifirova E. A. Novak: oil production in Russia in 2022 will grow by 2%, gas – will fall by 18-20%. URL: https://neftegaz.ru/news/finance/763968-a-novak-dobycha-nefti-v-rossii-v-2022-g-vyrastet-na-2-gaza-upadet-na-18-20/

2. Decree of the President of the Russian Federation of December 27, 2022 No. 961 «On the application of special economic measures in the fuel and energy sector in connection with the establishment by some foreign states of the maximum price for Russian oil and oil products». – Access from the information and legal system «Garant».

3. Alifirova E. The Russian budget in January 2023 received less than 52.1 billion rubles. oil and gas revenues. URL: https://neftegaz.ru/news/finance/768980-rossiyskiy-byudzhet-v-yanvare-2023-g-nedopoluchil-52-1-mlrd-rub-neftegazovykh-dokhodov/

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6. Urvachev L. The dollar fell below 68 rubles, the euro – below 73 rubles. URL: https://www.kommersant.ru/doc/5760848

7. Babkin D. The West did not have enough ceiling. URL: https://www.kommersant.ru/doc/5760224

8. The IMF has revised forecasts for GDP dynamics in the world and in Russia // Kommersant dated 10/11/2022. URL: https://www.kommersant.ru/doc/5607636

9. Borovikova K. Davos ended with a discussion of the shaky prospects for the global economy // Kommersant, 2023. URL: https://www.kommersant.ru/doc/5782786

10. Kuzovkin A.I. Climate, the role of fuel and renewable energy sources. Microeconomics. 2022;3:28-37. (In Russ.).

International Energy Hubs: New Strategic Model of Integrating Russian Energy Companies in the Global Economy

#4. Monument up to the Sky
International Energy Hubs: New Strategic Model of Integrating Russian Energy Companies in the Global Economy

One of the major goals of political and economic sanctions, imposed on Russia in post-Crimean period, is an attempt of Western geostrategic players to intercept the trade and financial flows between Russia and the countries importing energy and raw resources of Russian or transit origin. These flows are the basis of economic, political and social well-being of Russia. Under extremely severe change of external economic conditions of the Russian energy companies activities an urgent development of a new strategy for their integration into the world economy is required. Such a strategy should be based on the organizational model of the space-stream arrangements and interaction of Russian energy companies, which could be implemented in the most effective way based on the concept of forming energy hubs abroad as a kind of energy infrastructure nodes combining different business profiles of Russian economic agents activities.

Restoring Syrian Economy: Formation of Russian Infrastructural Nucleus in the Middle East Node of the World Strategic Projects

#1. Long-Lasting Choice
Restoring Syrian Economy: Formation of Russian Infrastructural Nucleus in the Middle East Node of the World Strategic Projects

Russian strategy in assisting the legitimate leadership of Syria in their fight against terrorist groups has shown the beginning of a qualitatively new stage: not only the USA, but also Russia can now restore law and order in the most important regions of the world. The next Russia’s step in gaining back its role and recognized status of superpower shall be organization of successful reconstruction of Syria’s economy, destroyed by the terrorist war, in conditions of critical limitations of the Syrian national resources for these purposes. This requires elaboration and implementation of Russia’s equivalent of the Marshall Plan. It is proposed to concentrate Russian economic aid and investments in those sectors of the Syrian infrastructure development, that are the most promising for the Russian and Syrian interests, with the key positioning of objects restored or created with Russian participation. The basic imperative here is adjusting in Syria a new model of the Russian opportunities realization in key sectors (nodes) of the global strategic projects implementation as the new format of the Middle East development.