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Wheel of Fortune: The Coming Challenges of Russian Oil

The Russian oil industry—which vies with Saudi Arabia as the world’s largest producer and exporter of oil, providing nearly 12 percent of the global supply—is facing mounting problems that could send shock waves through the Russian economy. Tracking the interdependence among Russia’s oil industry, politics, and economy, Thane Gustafson, Senior Director, Russian and Caspian Energy, IHS Cambridge Energy Research Associates, and Professor, Department of Government, Georgetown University, shows how the stakes extend beyond international energy security to include the potential threat of a destabilized Russia.

Date & Time

Tuesday
Feb. 19, 2013
12:00pm – 1:00pm ET

Location

6th Floor, Woodrow Wilson Center
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Overview

The Russian oil industry—which vies with Saudi Arabia as the world’s largest producer and exporter of oil, providing nearly 12 percent of the global supply—is facing mounting problems that could send shock waves through the Russian economy. Wheel of Fortune tells the story of this vital industry from the last years of communism to its uncertain future. Tracking the interdependence among Russia’s oil industry, politics, and economy, Thane Gustafson, Senior Director, Russian and Caspian Energy, IHS Cambridge Energy Research Associates, and Professor, Department of Government, Georgetown University, shows how the stakes extend beyond international energy security to include the potential threat of a destabilized Russia.

For a review of this book on Foreign Affairs, please see: http://www.foreignaffairs.com/articles/138647/thane-gustafson/wheel-of-fortune-the-battle-for-oil-and-power-in-russia

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Speaker

Thane Gustafson

Senior Director, Russian and Caspian Energy, IHS Cambridge Energy Research Associates, and Professor, Department of Government, Georgetown University
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Hosted By

Kennan Institute

The Kennan Institute is the premier US center for advanced research on Eurasia and the oldest and largest regional program at the Woodrow Wilson International Center for Scholars. The Kennan Institute is committed to improving American understanding of Russia, Ukraine, Central Asia, the South Caucasus, and the surrounding region though research and exchange.  Read more

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