Accessibility links

Russia Hosts First G8 Meeting


http://gdb.rferl.org/8DFBD8C2-718C-495A-93DA-F32F4B21A09A_w203.jpg --> http://gdb.rferl.org/8DFBD8C2-718C-495A-93DA-F32F4B21A09A_mw800_mh600.jpg Russian Finance Minister Aleksei Kudrin (file photo) (ITAR-TASS) 10 February 2006 -- Finance ministers of the G8, the group of eight leading industrialized nations, arrived in Moscow today for a two-day meeting.


This is the first major gathering of the group since Russia took over its rotating presidency on 1 January.


Russian President Vladimir Putin has put global energy security top of the agenda, in an attempt to promote Russia as a dependable energy partner.


But Russia, which is one of the world's leading suppliers of oil and natural gas, has been criticized for its own energy policies. There is growing international concern at Russia's perceived readiness to use its energy resources as a political tool.


Moscow briefly switched off its gas supplies to Ukraine and Moldova during the New Year in a dispute over pricing that also affected deliveries to Western Europe.


(Reuters, AFP, AP)

Russia's Gas Strategy



RUNNING HOT AND COLD The crisis over Russian supplies of natural gas to Ukraine that erupted on New Year's Day has implications that spread well beyond these two countries and will impact both economic and political policymaking throughout Europe. On January 19, RFE/RL's Washington, D.C., office hosted a briefing the examined the ramifications of the natural-gas conflict.

CLIFFORD GADDY, a senior fellow at the Brookings Institution, outlined Russia's "grand energy strategy," in which Ukraine is perceived as merely an obstacle frustrating Russia's energy ambitions in Western Europe and therefore a nonentity in Russia's broader strategic planning. According to Gaddy, Russia's strategic goal regarding energy is to maximize the role of its own energy resources in the world energy markets, so as to increase its geopolitical influence. To do this, it must reduce competition and maximize dependency on its own energy resources, as well as ensure a stable supply.

TARAS KUZIO, a visiting assistant professor at George Washington University, rebutted Gaddy's argument, claiming that Russia's actions evidenced a complete lack of geopolitical strategy and resulted in strong denunciations by Western countries and a loss of political allies in Ukraine. According to Kuzio, Russian President Vladimir Putin's desire to have a deal signed by the January 4 European Union energy summit outweighed his hope of reinforcing opposition to Ukrainian President Viktor Yushchenko during the run-up to Ukraine's March 26 parliamentary elections.

RFE/RL Coordinator of Corruption Studies ROMAN KUPCHINSKY did not fully agree with Kuzio's assessments of Yushchenko or Ukraine. He outlined three major problems that are feeding the conflict between Russia and Ukraine. The biggest, he argues, is that the state-controlled Russian gas giant Gazprom holds a monopoly on natural-gas sales outside the CIS. Kupchinsky also decried Ukraine's consumption of natural gas, terming it "out of control." Corruption is also a major factor in the conflict, Kupchinsky said, although the extent to which it taints the deal struck between Russia and Ukraine remains unknown.


LISTEN

Listen to the complete panel discussion (about 90 minutes):
Real Audio Windows Media


RELATED ARTICLES

Moscow's New Energy Strategy

Moscow And Energy Leverage

Russia's New Imperialism

Who's Afraid Of Gazprom? Controlling Gas Pipelines

XS
SM
MD
LG