Russia’s Role in the Global Energy Markets

Authors: Aleshkovski, Ivan A.; Mishchenko, Yana
Journal: Journal of Globalization Studies. Volume 8, Number 2 / November 2017

In the globalizing world the situation in global energy markets changes rapidly and dynamically. Energy and energy security are becoming an essential part of the global agenda. This article contains the analysis of the amounts of proved reserves of various hydrocarbons in Russia in comparison with those in the leading countries of the world. Production levels and export capabilities of the Russian fuel and energy sector are examined. The prospects of the development of Russia's energy cooperation with different countries are also being analyzed.

Keywords: Russia, globalization, international energy cooperation, global energy markets, energy resources trade, global energy, oil, natural gas, coal.