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21 - The Power of Siberia: A Eurasian Pipeline Policy ‘Good’ for Whom?

from Part III - Multidisciplinary Cases

Published online by Cambridge University Press:  10 June 2019

Marc Ozawa
Affiliation:
Energy Policy Research Group, University of Cambridge
Jonathan Chaplin
Affiliation:
University of Cambridge
Michael Pollitt
Affiliation:
Judge Business School, Cambridge
David Reiner
Affiliation:
Judge Business School, Cambridge
Paul Warde
Affiliation:
University of Cambridge
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Summary

This chapter is a multidisciplinary analysis and case study on one of Russia’s newest pipelines, the Power of Siberia, designed to deliver natural gas from Siberia to the Chinese market, connecting the two countries by pipeline. The authors conclude that the Power of Siberia project, although in its infancy, appears to have a mixed track record. On the one hand, it provides both Russia and China with important market and supply diversification. And although this contributes to greater energy security, the economic advantages look to be more one-sided, benefitting Russia in the short term but raising questions about the long-term viability of the project. The pipeline evades the scrutiny of international norms and legal frameworks, on which both countries seem to place less emphasis compared to similar pipelines connecting Russia to Europe. Related to this, the construction of the pipeline has not met the same international environmental standards of westbound pipelines, and this is adversely affecting indigenous communities in the Russian Far East. On a more global scale, however, the authors also raise the prospect of greater geopolitical instability in the region.

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Publisher: Cambridge University Press
Print publication year: 2019

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