Participants in the Energy security policy: State Entities # 3

Participants in the energy security policy: State entities


On the contrary, energy policy is perceived differently, because the problems faced by companies in this area are different. In Australia, energy policy is based on four issues: reliability; Efficiency; Responsibility; Equity. Japan, in turn, has aligned its energy policy with three issues: diversifying its energy resources; reducing dependence on oil and improving energy efficiency throughout the economy and society. India is another country where the demand for energy will increase sharply, in the coming years it intends to reduce its dependence on oil and coal imports and develop alternative energy sources - solar, biodiesel, nuclear and hydropower.

In countries with an abundance of energy sources, the main problem is related to the safety of operation, as well as the efficiency of the cost-benefit ratio in the global market. In fact, it is a competition between energy producers and its consumers. The main problem is that this competition does not take place in the logic of a zero-sum game, which often implies contradictory behavior, but with a variable value.

The main economic and political competitors of Persian Gulf oil remain the United States, the EU, Japan, China, India and Southeast Asia.

In this space, the geopolitical importance of Saudi Arabia, one of the pillars of US policy in the Middle East, as well as one of the pillars supporting the economic development of the West, is justified by huge oil resources, strategic position and prominent place in the Muslim world. It is assumed that in the coming decades, the kingdom will remain an integral part of the development of the world economy, despite oil from Russia (5% of world reserves) and from other non-OPEC countries. With 260 billion barrels, Riyadh controls about 25% of the world's oil reserves. In addition, Saudi Arabia is the world's leading oil exporter (more than 14% of the shares) and the main part of OPEC. Saudi Arabia ranks 4th in the world in terms of gas reserves. Riad intends to partially open its market, especially in the gas sector.

Riyadh's business partners are the USA, Japan, South Korea or Western European countries. It is estimated that in the coming decades, Saudi Arabia should increase its exports to at least 22 million barrels per day to meet international oil demand and avoid a general crisis. Amateur Porn www.amateurest.com UK.

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