Going Beyond Politics: Russian Energy Interests in the Gulf Region

Mikhail Krutikhin ()
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Mikhail Krutikhin: RusEnergy

Chapter Chapter 7 in Russia’s Relations with the GCC and Iran, 2021, pp 159-176 from Springer

Abstract: Abstract Even as Russia’s pro-governmental media keeps offering an optimistic look on this country’s global political role and, in case of the Gulf Region, a huge involvement of Russia in the economy of Arab nations and Iran, the actual presence of Russian companies in the area is not as significant as such reports imply. Russian energy companies, including such state-controlled giants as Gazprom or Rosneft, cannot boast a large footprint in the Gulf Region. Their counterparts in the Gulf Region are also wary of getting involved in Russian projects. This chapter is dedicated to identification of the main players in the energy cooperation between Russia and Gulf nations and a scope of this cooperation. It also explains the rationale behind the attitude of these players vis-à-vis new opportunities for an increase of exchanging capital, experience, labor, and technologies in the energy sector.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-33-4730-4_7

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DOI: 10.1007/978-981-33-4730-4_7

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