China and Russia Energy Strategy Development: Arctic LNG
Nowadays, the LNG market is a derivative of the traditional gas market and has certain advantages over pipeline gas supplies. Many countries, including the Russian Federation, are trying to consolidate their positions in the relatively new and growing LNG market. In the paper, Sino-Russia Energy str...
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ftdoajarticles:oai:doaj.org/article:796a4579e8f64014a7fd1a13f52b5fab 2023-05-15T14:40:04+02:00 China and Russia Energy Strategy Development: Arctic LNG Alina Steblyanskaya Xu Qingchao Svetlana Razmanova Nikolay Steblyanskiy Artem Denisov 2021-06-01T00:00:00Z https://doaj.org/article/796a4579e8f64014a7fd1a13f52b5fab EN eng EconJournals http://mail.econjournals.com/index.php/ijeep/article/view/11316 https://doaj.org/toc/2146-4553 2146-4553 https://doaj.org/article/796a4579e8f64014a7fd1a13f52b5fab International Journal of Energy Economics and Policy, Vol 11, Iss 4 (2021) Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5 article 2021 ftdoajarticles 2023-02-19T01:33:57Z Nowadays, the LNG market is a derivative of the traditional gas market and has certain advantages over pipeline gas supplies. Many countries, including the Russian Federation, are trying to consolidate their positions in the relatively new and growing LNG market. In the paper, Sino-Russia Energy strategy perspectives until 2030 are being analyzed in detail. The authors analyze the Arctic LNG case as the most crucial for both countries' collaboration. The Arctic is considered as the new strategic frontier of China. China is a critical Arctic stakeholder as it is written in the newly released white paper China's Arctic Policy. The authors use Python 3.4. modeling for testing the influence of economic, social and environmental factors on Sino-Russia energy collaboration. The methodology consists of foresight analysis, including principal component isolation (further- PCA) method and SARIMA analysis. Research results show that the values of the components in Russia and China industries are drastically different. However, some components would be significantly developed due to Russia's existing trends by 2030. Indeed, it can be concluded that the dissimilarity between Russia and China' oil and gas industries would increase by 2030, as indicated by the first, second and fourth components. China's oil and gas industry has a stable trend for development. Keywords: Sino-Russia Energy Cooperation, Energy Strategy 2030, Innovation Strategy, Arctic LNG, Principal Component Isolation analysis JEL Classifications: F42, F43, F47, L51 DOI: https://doi.org/10.32479/ijeep.11316 Article in Journal/Newspaper Arctic Directory of Open Access Journals: DOAJ Articles Arctic Sarima ENVELOPE(29.040,29.040,69.037,69.037) |
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Open Polar |
collection |
Directory of Open Access Journals: DOAJ Articles |
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ftdoajarticles |
language |
English |
topic |
Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5 |
spellingShingle |
Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5 Alina Steblyanskaya Xu Qingchao Svetlana Razmanova Nikolay Steblyanskiy Artem Denisov China and Russia Energy Strategy Development: Arctic LNG |
topic_facet |
Environmental sciences GE1-350 Energy industries. Energy policy. Fuel trade HD9502-9502.5 |
description |
Nowadays, the LNG market is a derivative of the traditional gas market and has certain advantages over pipeline gas supplies. Many countries, including the Russian Federation, are trying to consolidate their positions in the relatively new and growing LNG market. In the paper, Sino-Russia Energy strategy perspectives until 2030 are being analyzed in detail. The authors analyze the Arctic LNG case as the most crucial for both countries' collaboration. The Arctic is considered as the new strategic frontier of China. China is a critical Arctic stakeholder as it is written in the newly released white paper China's Arctic Policy. The authors use Python 3.4. modeling for testing the influence of economic, social and environmental factors on Sino-Russia energy collaboration. The methodology consists of foresight analysis, including principal component isolation (further- PCA) method and SARIMA analysis. Research results show that the values of the components in Russia and China industries are drastically different. However, some components would be significantly developed due to Russia's existing trends by 2030. Indeed, it can be concluded that the dissimilarity between Russia and China' oil and gas industries would increase by 2030, as indicated by the first, second and fourth components. China's oil and gas industry has a stable trend for development. Keywords: Sino-Russia Energy Cooperation, Energy Strategy 2030, Innovation Strategy, Arctic LNG, Principal Component Isolation analysis JEL Classifications: F42, F43, F47, L51 DOI: https://doi.org/10.32479/ijeep.11316 |
format |
Article in Journal/Newspaper |
author |
Alina Steblyanskaya Xu Qingchao Svetlana Razmanova Nikolay Steblyanskiy Artem Denisov |
author_facet |
Alina Steblyanskaya Xu Qingchao Svetlana Razmanova Nikolay Steblyanskiy Artem Denisov |
author_sort |
Alina Steblyanskaya |
title |
China and Russia Energy Strategy Development: Arctic LNG |
title_short |
China and Russia Energy Strategy Development: Arctic LNG |
title_full |
China and Russia Energy Strategy Development: Arctic LNG |
title_fullStr |
China and Russia Energy Strategy Development: Arctic LNG |
title_full_unstemmed |
China and Russia Energy Strategy Development: Arctic LNG |
title_sort |
china and russia energy strategy development: arctic lng |
publisher |
EconJournals |
publishDate |
2021 |
url |
https://doaj.org/article/796a4579e8f64014a7fd1a13f52b5fab |
long_lat |
ENVELOPE(29.040,29.040,69.037,69.037) |
geographic |
Arctic Sarima |
geographic_facet |
Arctic Sarima |
genre |
Arctic |
genre_facet |
Arctic |
op_source |
International Journal of Energy Economics and Policy, Vol 11, Iss 4 (2021) |
op_relation |
http://mail.econjournals.com/index.php/ijeep/article/view/11316 https://doaj.org/toc/2146-4553 2146-4553 https://doaj.org/article/796a4579e8f64014a7fd1a13f52b5fab |
_version_ |
1766311993683214336 |