By Pierre Noel, Hassanal Bolkiah Senior Fellow in Economic and Energy Security
In the Baltic states, energy security remains perceived as a truly serious issue. It’s seen as a question of survival rather than, as it is in much of the world, merely an exciting topic for after-dinner speeches. Estonia, Latvia and Lithuania depend entirely on Russia for their gas supply and have complicated political relationships with Moscow. Recent numerical indicators of gas-supply security – including my own – show that the Baltics are among the least secure countries in Europe. Therefore they want to invest in gas-supply security.
The European Commission encourages them to do so, but has precise ideas about how it should be done: it has made subsidies contingent on the building of joint regional infrastructure. Brussels’ dream however, although aggressively pursued since 2009, has failed to materialise. In fact, Baltic gas-security cooperation faces serious political and even legal hurdles. Steps already taken have managed to infuriate Russia without improving the Baltic states’ ability to cope with supply disruptions in any way.
Therefore it is important to know if Baltic cooperation is absolutely needed, simply desirable or just one solution among others to improve Baltic gas-supply security.
By Dr Sanjaya Baru, Director for Geo-economics and Strategy
As Asia’s rising powers seek to sustain growth and ensure stability, energy security has moved to the forefront of Asian geopolitics. The recent visit by China’s Prime Minister Wen Jiabao to Saudi Arabia, the United Arab Emirates, and Qatar was as much about ensuring energy security for China as it was about China playing a role in maintaining political stability in the Middle East. The visit came against the backdrop of the growing threat of United States-led oil-export sanctions against Iran and China’s need to secure alternative sources of oil and gas. But its unstated purpose was to bolster China’s rising profile in the Persian Gulf and the Muslim world.