The resource wealth burden – oil and gas sectors in the former USSR

Abstract:

This collection of papers attempts to give an accurate and clear description of the main characteristics and of the key problems pertaining to the oil and gas sectors in the former USSR. It is aimed at showing the wealth and production and export opportunities on the one hand and at outlining a number of problems that now limit the development of trade in energy materials in this region and might impede it in the future. These issues seem to be of particular importance in the context of the dilemmas facing the Polish and European energy security policy.

This report consists of five studies, focusing on: the resources and export potential of the Commonwealth of Independent States countries, Russian policy towards the entire oil and gas sector in the former USSR area and in the countries of the former Eastern bloc, and the role the energy resources potential plays in Russian foreign policy. Also, the studies outline the situation of the so-called transit countries, i.e. the ones controlling major export pipelines for Russian oil and gas, discuss the importance of foreign direct investments for the oil and gas sectors, as well as the opportunities and dangers that natural resource wealth might pose to the development of CIS countries. In terms of geographic coverage, the studies pertain to both key oil or gas producers (Russia, Kazakhstan, Azerbaijan and Turkmenistan) and the important transit countries for energy resources from CIS area (Ukraine, Belarus, Lithuania, Latvia and Estonia).

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