Energy Security

The recent food price inflation leading to food insecurity has been one of the immediate and striking outcomes of the recent oil price spikes and the global financial meltdown. This has triggered a chain reaction leading to the diversion of arable land in the form of overseas land grabs, and agreements between commercial food and finance industry. For instance, corns and scare economic resources are being diverted to the production of green bio-fuels such as ethanol and bio-diesel.

• Zakir Hussain
• May 14, 2009
• IDSA Comments

The fourth consecutive visit of President Nursultan Nazarbayev culminated in his being the chief guest at India’s 60th Republic Day parade. This shows the increasing importance India attaches to its strategic ties with Kazakhstan, a fact that has also been acknowledged by President Nazarbayev. In fact, the custom of inviting a head of state, particularly on such an occasion, is an effort to showcase two facets of India. One, to provide a glimpse to the chief guest of vast opportunities that exists in Federal India.

• Zakir Hussain
• February 18, 2009
• IDSA Comments

The recent downslide in crude oil prices from a peak of US $147 a barrel to below $40 and speculated to fall further to $25 has evidently provided relief to oil importing countries, which have been triply inflicted by huge oil pool deficits, growing food prices and global economic downturn. But based on current oil market fundamentals and past experience, there is no reason not to believe that the current fall in oil prices is likely to be temporary. Sooner or later prices will rise and may even be higher than the recent peak because of two particular reasons.

• Zakir Hussain
• January 09, 2009
• IDSA Comments

• P. K. Gautam
• November 2008
• Strategic Analysis

• Uttam Kumar Sinha
• November 2008
• Strategic Analysis

Economic globalisation, coupled with geopolitical instability and international terrorism, has made it impossible for any single country to secure its energy supply entirely on its own. The urgent energy security issue has resulted in brisk energy diplomacy with aspirations for cooperation running high among both producing and consuming countries. The concept of energy security needs to be expanded, however, because the real risks are not 'below ground' (a lack of resources) but 'above ground' (political instability). We need a new energy security concept to ensure global energy security.

• Chen Fengying , Ni Jiejun
• January 2008
• Strategic Analysis

Tokyo looks at energy security differently than does Washington, or other major global capitals. This persistent and deepening reality—so incongruously at odds with the continual affirmations of solidarity and alliance in the US–Japan bilateral relationship—has substantial grounding in economics. Yet, the contrast in mindset between Japan and the broader world is sharply amplified by differences in domestic institutions and politics. This perceptual gap has major implications for East Asia's energy future and for global geopolitics as well.

• Kent E. Calder
• January 2008
• Strategic Analysis

As the world's fastest growing energy consumer, China has attracted enormous attention over the last few years. This paper looks at the factors influencing China's policies and strategies in its search for energy security and examines whether China can be persuaded to adopt a more integrative stance with respect to energy. It argues that China's pursuit of a policy to secure preferential access to oil and gas resources in politically unstable states could lead to heightened competition with other major importing states and to geopolitical tensions.

• Shebonti Ray Dadwal
• November 2007
• Strategic Analysis

Thomas Friedman noted that "the price of oil and pace of freedom always move in opposite directions." This trend, which he cited in the case of Russia, Iran, and Venezuela, can be equally applied to Myanmar as well. Though pro-democratic forces have been active in Myanmar earlier as well, the public display of dissent in recent days is unprecedented and demonstrates the increasing disenchantment against almost two decades of military rule. Since the junta came to power, economic conditions have deteriorated and poverty has increased.

• J Nandakumar
• October 04, 2007
• IDSA Comments

A new great game is under way in Myanmar. The huge offshore gas findings stretching from the borders of Bangladesh down to Thailand have resulted in a flurry of diplomatic manoeuvring with China, Thailand and other ASEAN countries as well as United States, India, the European Union, Australia and Russia all playing key roles. The equations are bound to change and many countries, for fear of losing influence with Yangon, are seeking a more 'pragmatic' approach.

• Åshild Kolås
• July 2007
• Strategic Analysis