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Prospects and Challenges of Energy Cooperation between Russia and South Korea

Author

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  • Anton Lisin

    (Financial University Under the Government of the Russian Federation, Moscow, Russia.)

Abstract

In the past, cooperation between South Korea and the Russian Federation had been hindered by predominantly political factors. The implementation of energy resource projects was not viable due to tensions on the Korean peninsula and Russia s capabilities were limited due to sanctions against it. While projects had been fulfilled, enough of them had been left on paper, so there is hesitation in developing new strategies. But that is history. Both countries have shown interest in forming a partnership from which they can benefit. Changes in the political situation have opened a window for many new opportunities. This manuscript examines and analyzes the development of interrelations between Russia and South Korea and gives a valuation of the prospects of cooperation in the short and medium term.

Suggested Citation

  • Anton Lisin, 2020. "Prospects and Challenges of Energy Cooperation between Russia and South Korea," International Journal of Energy Economics and Policy, Econjournals, vol. 10(3), pages 130-135.
    • Handle: RePEc:eco:journ2:2020-03-16
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    Citations

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    Cited by:

    1. Jaehyung An & Alexey Mikhaylov & Sang-Uk Jung, 2020. "The Strategy of South Korea in the Global Oil Market," Energies, MDPI, vol. 13(10), pages 1-8, May.
    2. Panagiotis Fragkos & Kostas Fragkiadakis & Leonidas Paroussos, 2021. "Reducing the Decarbonisation Cost Burden for EU Energy-Intensive Industries," Energies, MDPI, vol. 14(1), pages 1-23, January.
    3. Alexey Yu. Mikhaylov & Vikas Khare & Solomon Eghosa Uhunamure & Tsangyao Chang & Diana I. Stepanova, 2023. "Bitcoin Price Short-term Forecast Using Twitter Sentiment Analysis," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 4, pages 123-137, August.

    More about this item

    Keywords

    Energy Sources; South Korea Energy Policy; Resource Saving; Economic Development; Energy Cooperation.;
    All these keywords.

    JEL classification:

    • C30 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - General
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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