Prospects of Russia’s Geo-economic Relations with the East Asian Energy Markets

Document Type : مقالات علمی -پژوهشی

Authors

• Mariam Verij kazemi ¹
• ezatullah ezati ¹
• abdolreza farajirad ²

¹ Islamic azad university science and research of tehran

² Islamic Azad university science and research branch Tehran

https://doi.org/10.22067/pg.2023.73538.1106

Abstract

The purpose of this study is to address the Geo-economics of energy in Russia, which is interested in penetrating and controlling the consumer markets of East Asia (Japan, China and South Korea) in order to expand its hegemony by formulating the energy strategy in 2035. Therefore, an attempt is made to answer the question by the analytical-descriptive method and using the latest statistical data, as follows: Are Russia’s Geo-economic relations in the field of energy can control the discourse and strategy of consuming countries in favor of Russia’s economic hegemony? To answer this question, the first Russia’s 2035 energy strategy and the amount of Gas and Oil production and exports of this country, and finally the amount of consumption and import of oil and gas in East Asian markets and Russia’s and the cooperation of Japan, China and South Korea with Russia in energy field will be discussed. The conclusion indicates although the territorial proximity of the East Asian markets to Russia can greatly strengthen the Geo-economic relations of Russia with these regions in the economic and energy fields, still the measures adopted by the east Asian countries in order to reduce greenhouse gases and the pressure of traditional energy supplier competitors can reduce the Russia’s energy hegemony and affect the future of cooperation between these Regions. Considering the diverse purposes of supplying energy to East Asian markets and the operationalization of the energy strategy of these countries based on the reduction of greenhouse gases as well as the replacement of renewable energies with oil and gas energy, it seems that Russia is facing obstacles in reaching the goals of the 2035 energy strategy. In this way, Russia’s geo-economic relations with East Asian markets will be influenced by the policy of serious competitors supplying energy to East Asian markets and strategic considerations about the use of renewable energy, as well as their Anti -Russian policies, rather than benefiting the development of Russia’s economic hegemony.

Keywords

• Geo-economic Relations
• Russia
• East Asian Market
• Oil and Gas Energy
• Economy

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