Abstract
The factor of energy has played more and more important part in the international economic and geo-political relations in the era of globalization. In the face of growing demand for energy and various risks and threats it has produced, seeking security through cooperation is an inevitable choice for the international community to safeguard world energy security. The notable feature of the current international energy security situation is that the contradictions between oil producing and consuming countries have intensified. As a world-class energy-exporting country, Russia has the world energy interests. In recent years, Russia has taken an active part in the international multilateral energy cooperation at the global level while at the regional level it has continued to deepen the dialogues and bilateral cooperation with the energy subjects. It has strived to turn the scale against the West in the energy bouts in the Central Asia, and gone all out to enter the Asia-Pacific energy market. Russia advocates the establishment of the global energy security system in the framework of Group of 8 Nations (G8), harmonizing the relations of energy producing and consuming countries. Its participating actively in the process of the world energy integration has laid a solid foundation for the realization of economic rise and national rejuvenation.
Highlights
World energy security is a comprehensive concept
As far as energy exporting countries are concerned, energy security means that they have the adequate resources, the investment required for the exploration, technological and ecological feasibility, and the potential risks to maintain the position of providing raw materials which may undermine their own macroeconomic development
Resource reserves in most industrialized countries are nearly depleted; economy of high energy consumption in such countries presses for more energy, as China and India with a large population; in the places rich in energy reserves, the political situation is in turmoil, such as the Middle East and Central Asia; pipeline transportation across the frontiers is getting more and more insecure because of aging equipment, official corruption and terrorist attacks; the world energy market has become instable due to the imbalance of supply and demand relationship and the speculation by market subjects, May, 2008 which is conspicuously displayed by the drastic fluctuation of oil price in the current world; the process becomes comparatively slow to develop and utilize safe atomic energy, nuclear energy and renewable sources of non-fuel
Summary
World energy security is a comprehensive concept. It does refer to guarantee a reliable supply of energy for the world economic development at a reasonable price but means to minimize the damage to the natural environment. In the geo-political and economic reality of the new century, the development of the world energy will depend primarily on such countries and regions as the United States, the Middle East, Russia, China and the European Union.
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