State capitalism and hydrocarbon security in China and Russia

Loading...
Thumbnail Image

Date

2021

Authors

Ediger, Volkan S.
Bowlus, John, V
Dursun, Ahmet Faruk

Journal Title

Journal ISSN

Volume Title

Publisher

Elsevier

Open Access Color

OpenAIRE Downloads

OpenAIRE Views

Research Projects

Organizational Units

Journal Issue

Abstract

This study seeks to investigate how and why state capitalism developed in China and Russia in the oil and gas sectors and explain why two countries that have contrasting energy-security challenges use state capitalism to solve them. It argues that state control over the oil and gas sectors has succeeded in achieving their respective goals, bolstered bilateral hydrocarbon ties between the two countries, buffered each against the geopolitics and financial volatility of oil and gas markets, and offered greater flexibility to shape their respective energy regimes over the last two decades. Still, state capitalism presents geopolitical and commercial challenges as the energy transition away from hydrocarbons advances in the coming decades.

Description

Keywords

Renewable Energy, Policies, Gas, Oil, Geopolitics, Intensity, Scramble, Sea, Age, Renewable Energy, Policies, Gas, Oil, Geopolitics, State capitalism, Intensity, China, Scramble, Russia, Sea, Oil, Age, Gas

Turkish CoHE Thesis Center URL

Fields of Science

Citation

5

WoS Q

Q2

Scopus Q

Q1

Source

Energy Strategy Reviews

Volume

38

Issue

Start Page

End Page