Energy Security

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  • Danish Mallick asked: Does India have any codified policy till date to be at least 60 per cent self-sufficient in energy, and how much time it is going to take?

    Shebonti Ray Dadwal replies: In its Vision 2.0, the NITI Aayog has projected the following paths that India is likely to take in its endeavour to achieve energy security:

    Level 1- the 'Least Effort' scenario: This assumes that little or no effort is being made in terms of interventions on the demand and the supply side.

    Soundarrajan Karuppusamy asked: How the lowering of oil prices adversely affect India’s overall economic security? Will there be any negative impact on India’s energy security?

    Shebonti Ray Dadwal replies: The lower oil prices have thus far been beneficial for India, being a major oil importing country. India is expected to save Rs. 2.14 lakh crore on its oil import bill in the Financial Year 2016. Moreover, a lower oil import bill has helped cut its current account deficit (CAD) from 4.8 per cent in 2012 to 1.6 per cent of the GDP. But this might not be the case in future. When the oil prices would increase, the CAD too will increase concurrently.

    Harish Srinivasan asked: Growth of ISIS poses a severe threat to oil supplies from Iraq. What should be India's approach to ensure energy supplies from Iraq?

    Shebonti Ray Dadwal replies: ISIS has lost control over major oil fields in Iraq since mid-2015, and although it still controls some parts of Iraq, the oil trade in eastern Syria is now one of the only means it can make money from oil. The main oil-producing regions of Iraq are still under the control of Baghdad and despite security and financial problems the crude production has grown substantially over the last five years, reaching 4.4 mbd in the third quarter of 2015 as against 2 mbd earlier.

    India’s Economic Opportunities and Energy Security: Analysing Prospects Within SAARC and Beyond

    It has been extensively debated whether India should prioritise relations with its immediate or extended neighbourhood. Put into the framework of energy security and competition with China, it will be argued that the recently signed South Asian Association for Regional Co-operation (SAARC) framework agreement can provide the basis and open up new opportunities for inter- and sub-regional energy co-operation in Asia.

    September 2015

    Non-Traditional Security Challenges in Asia: Approaches and Responses

    Non-Traditional Security Challenges in Asia: Approaches and Responses
    • Publisher: Pentagon Press
      2015

    Asia is challenged by a number of non-traditional security issues including the food–energy–water nexus, climate change, transnational crime, terrorism, disaster relief and economic performance. This volume categorizes and clarifies some key emerging issues in the area and looks at their interconnectedness and implications.

    • ISBN 978-11-3889-253-8,
    • Price: $110.00/-
    2015

    Arctic: The Next Great Game in Energy Geopolitics?

    As global warming and melting of the ice is making the Arctic increasingly accessible, the region’s hydrocarbon riches are attracting international interest. Thus far, despite the presence of vast untapped energy and mineral resources, the Arctic is not considered a geopolitical hotspot. In fact, many of the Arctic states have dismissed the possibility of conflict over the region’s spoils due to the collaborative governance model that has been established.

    November 2014

    Water Issues in the Near East and South Asia Region: Risks and Solutions

    With water concerns growing increasingly urgent, the global community will benefit from a treatment of the lessons learned and best practices in water dispute resolutions and approaches to water management. This report discusses the outcome of a working group of water experts from the Near East and South Asia (NESA) region,1 set up by the Strategic Studies Network, National Defense University, Washington DC.

    September 2014

    India’s Natural Gas Infrastructure: Reassessing Challenges and Opportunities

    This article describes India’s energy situation in the midst of current economic and geopolitical challenges while highlighting some of the key issues pertaining to India’s natural gas infrastructure.

    July 2014

    Need to revive Iran-India energy ties

    Need to revive Iran-India energy ties

    The possible lifting of the sanctions on Iran will lead to a rush for a share of the lucrative Iranian energy pie similar to Myanmar’s opening up last year. India cannot afford to be left behind.

    September 30, 2014

    SAARC Energy Agreement: A step in the right direction

    SAARC Energy Agreement: A step in the right direction

    Signing of the SAARC agreement is merely the first step in the process of regional energy cooperation. To make this initiative work, governments in the region need to synchronise their efforts on a range of technical, institutional and political issues.

    January 05, 2015

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