scholarly journals The Indian Republic in the global energy markets

2021 ◽  
Vol 29 (3) ◽  
pp. 502-509
Author(s):  
Nikolay P. Gusakov ◽  
Yulia A. Konovalova ◽  
Sayar Akhmad Reshad

Energy is an integral part of the economic security of any state, and it is more complex, the lower the degree of provision with its mineral resources and the higher the number of the population living in the country. Being the undisputed world leaders in terms of population (1.4 billion people and 1.3 billion people), China and India are concerned about ensuring the energy security of their national economies. According to the latest forecasts formed by the International Energy Agency, by 2040, these two countries will become world leaders in terms of imports of mineral products (in this case: crude oil and natural gas). China is the world leader in exporting goods; India is implementing an economic and industrial policy to turn the country into a world manufacturing hub. In this regard, providing countries with energy resources is one of the most critical tasks. At the same time, a significant problem is a dependence on regular supplies of raw materials and world prices for energy carriers. Respectively, countries should pursue a policy of diversification of suppliers of mineral products. The subject of this study is the Republic of India and its position in the world energy markets; issues of energy security and energy policy are also highlighted.

2019 ◽  
Vol 59 (1) ◽  
pp. 134
Author(s):  
Joshua Stabler

In June 2011, the International Energy Agency released the 2011 World Energy Outlook (WEO) series that posed the thought-provoking question: ‘Are we entering a golden age of gas?’ In response to this bold question, this paper first investigates the world’s electricity supply by each fuel type and how the WEO expectations have changed over time. This helps define the progress of the world targets for the ‘Golden Age of Gas’. To provide context to Australian gas conditions, this paper delves deeply into two of the most important international markets in the world: USA and China. Each of these countries are placed in the five fastest growing gas production countries in the world but have had substantially different engagements with gas and their domestic electricity profiles. Each country’s response to the electricity generation-source dilemma has resulted in diametrically opposed carbon emission outcomes. Finally, this paper turns to the Australian experience with gas. As the fifth fastest growing gas producing nation, and now the largest liquefied natural gas exporter in the world, Australia has rapidly shifted from energy price isolation to having strong links to international energy prices. These international price linkages have been applied across both gas and coal markets and have occurred simultaneously with the combination of a wave of renewable energy construction, traditional energy generation exit and paralysed government policy. This leaves a revised question: has the Golden Age of Gas passed Australia?


Directions for the development of the regional petrochemical complex are directly dependent on the resource availability of the region’s territory, the level of their development, the amount of explored reserves, the volumes of extraction and rationality of use. The development and justification of the priority areas for the development of the petrochemical complex of the region for individual industries, industries and enterprises, based on the assessment of the efficiency of the use of the territory’s resources, is an important element in determining the development vector of the social and economic system of the region as a whole. The petrochemical complex of the Republic of Tatarstan includes enterprises of various petrochemical industries that produce virtually the entire range of petrochemical products. On the territory of the republic, a program has been developed and implemented that ensures sustainable reproduction and development of the mineral and raw materials base of the region, involving newly discovered minerals in the economic circulation. They allow replacing imported mineral raw materials or competing in the world market for the sale and consumption of mineral resources, products of their processing. The Republic of Tatarstan also possesses significant water and energy resources necessary for intensification of extraction and processing of raw materials by enterprises of petrochemicals. As a result of the analysis of the functioning of the petrochemical complex of this region, it was revealed that, based on the explored reserves of mineral resources, the most promising branches of the petrochemical industry are the production of organic synthesis products, which is the basis for the export of the Republic of Tatarstan. The petrochemical complex of this region is successful due to the situation on world commodity markets. The demand for mineral fertilizers and the production of organic synthesis chemistry demonstrates sustainable growth rates. The high degree of depreciation of fixed assets (more than 50%) and the insufficient level of investment are impeding the efficient functioning and dynamically developing of the petrochemical complex of the Republic of Tatarstan. In addition, the petrochemical industry is highly dependent on tariffs for the services of natural monopolies (gas, electricity), which will inevitably increase, including very significantly (to the level of European ones) due to the prevailing international situation and the natural process of the evolution of the world economy. All this can adversely affect the competitiveness of Tatarstan’s petrochemical enterprises.


1984 ◽  
Vol 16 (1) ◽  
pp. 27-49 ◽  
Author(s):  
Catherine LeGrand

Exporters of raw materials under Iberian rule, the nations of Latin America continued to perform a similar role in the world economy after Independence. In the nineteenth century, however, a significant shift occurred in the kind of materials exported. Whereas in colonial times the great wealth of Latin America lay in her mineral resources, particularly silver and gold, aster 1850 agricultural production for foreign markets took on larger importance. The export of foodstuffs was not a new phenomenon, but in the nineteenth century the growth in consumer demand in the industrializing nations and the developing revolution in. transport much enhanced the incentives for Latin Americans who would produce coffee, wheat, cattle, or bananas for overseas markets.


2015 ◽  
Vol 1 (12) ◽  
Author(s):  
Slobodan Majstorović ◽  
Vladimir Malbašić ◽  
Miodrag Čelebić

Curent situation of raw material base and study of limestone like construction stone deposits in the Republic of Serbian were relatively poorly considered during the last decades, and the main problems are the following: low production capacity fragmentation of production, needs for raw materials homogenization and delivering of standard quality, undeveloped market, the recession of the domestic economy and the economies in the region, the relatively low level of exploration by many deposits, especially lack of knowledge of the occurrence legality for certain types and quality of raw materials and lack of complete quality indicators for raw material, which sometimes causes the utilization of only the highest quality deposit parts.This paper provides an overview of active quarries in the Republic Srpska with exploitation of limestone like technical building stone and present an attempt to determine the basic quantitative and qualitative characteristics of the raw material and the current working conditions at these quarries. The purpose of such a review would be in an effort to create a clearer picture about production, market, social and other aspects of the limestone exploitation in the Republika Srpska and the realistic possibilities of maintaining and developing of these mineral resources utilization, which can certainlybe interesting for the development of many other industries in the Republic Srpska.


2021 ◽  
Vol 36 ◽  
pp. 08004
Author(s):  
M.G. Manucharyan

One of the most important components of national security is food security. The country's food security is mainly ensured through the development of agriculture, food production and food import systems. The main problems of the development of the agri-food system of the republic were the increase of the level of provision of the population with food, the increase of the level of economic protection of the country, which, first of all, requires an increase of agricultural production to provide the population with locally produced food products, raw materials to the processing industry as much as possible, as well as to increase export volumes. The main goal of the research is to develop and outline the ways of further development of the RA food self-sufficiency based on the development of agricultural production. Based on the analysis of the current situation in the agricultural market, to propose a set of economic development measures, which will contribute to the increase of the food security level, the development of the agri-food system, the reduction of the poverty level of the rural communities. The research substantiated the preconditions for further growth of agricultural production, as a result of comprehensive studies and analyzes, the main directions of improving food production and increasing efficiency were outlined, which conditioned the scientific novelty.


Author(s):  
Giuliano Garavini

Chapter 5 describes the OAPEC oil embargo and then explains the reasons for the “oil shock”, with its fourfold increase in the price of crude oil by December 1973. After the price increases of 1973 the governments of consuming countries now entered directly the arena of international energy politics with the convening of the Washington Energy Conference of 1974 and then the creation of the International Energy Agency (IEA) by the end of the same year. This chapter also explains why OPEC strived to present itself as the “spearhead” for Third World countries, hoping to establish a New International Economic Order that would reform international economic institutions and promote a kind of globalization more in line with the needs of raw materials producers and developing countries. The apex of this effort by OPEC was achieved in March 1975 with the convening of the OPEC summit of Algiers.


2020 ◽  
pp. 313-340
Author(s):  
Srikanth Kondapalli

While it is notable that China has become a member of almost all international organizations (excepting the OECD, International Energy Agency, and Missile Technology Control Regime), much less noticeable has been China’s steadily increasing involvement in regional multilateral organizations and groups of nations. As China has expanded its global footprint into literally every continent and part of the planet, Beijing has sought to join existing institutions in those regions—but what is particularly noteworthy is that China has stimulated and created a wide range of new organizations and regional groupings all around the world. That is what this chapter is about—China’s regional multilateralism. Such Chinese initiatives most notably include: the Asian Infrastructure Investment Bank (AIIB), Shanghai Cooperation Organization (SCO), Association of Southeast Asian Nations Plus China (ASEAN + 10), Brazil-Russia-India-China-South Africa (BRICS), Forum for China-Africa Cooperation (FOCAC), China–Arab States Cooperation Forum (CACF), China–Central and Eastern Europe Countries (CEEC), and a series of groupings in Latin America (China–Latin America Forum, China-Caribbean Economic and Trade Cooperation Forum, China–Latin America Common Market Dialogue, and China–Latin America Business Summit). China has been either the initiator of, or actively engaged in, the creation of all these groupings.


2019 ◽  
Vol 105 ◽  
pp. 04049
Author(s):  
Tatiana Skryl ◽  
Evgeniya Shavina ◽  
Elena Dotsenko

The conditions for the transition to sustainable development and new industrial transformation for resource-dependent countries are closely linked. With the increasing volatility of the world market of raw materials and finance, the innovative modernization of the extractive industries, as the basis of the new industrialization of the economy, is experiencing significant difficulties. The article analyzes the problems of transition of the resource-dependent Russian economy to sustainable development, associated with the slowdown of the process of new industrialization in the context of the world market volatility. The authors assessed the new industrialization of the Russian economy following the 5-year period of sanctions imposed by Western countries. The article provides a theoretical review of the concept of the influence of sanctions on transition to sustainable development. The authors concluded that the mineral resources export-oriented strategy of the Russian economy still gives positive results, although the internal structure of the Russian economy has not changed significantly.


2020 ◽  
Vol 164 ◽  
pp. 11047
Author(s):  
Alexey Efimiev ◽  
Olga Kutsygina ◽  
Margarita Agafonova ◽  
Andrei Chugunov

The paper assesses the relevant problems of the global energy paradigm, with emphasis on ensuring energy security. To solve this problem, the state and prospects of world energy markets and the forecast for their development are analyzed. The paper substantiates the importance of improving energy efficiency in Russia. It also analyzes and displays the most important aspects of global energy problems, highlights the dynamics of the global balance of energy consumption, analyzes the development of renewable energy sources. The study determined the place of fuel and energy sector in the global economy. Forecasts of global electricity consumption are presented. The paper focuses on the need for measures that contribute to overcoming energy threats in the global energy market.


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