Energy diplomacy and Russia's performance in the form of OPEC+

Document Type : Original Article

Authors

1 PhD Candidate of International Reiations, Faculty of Humanities, Islamic Azad University, North Tehran branch, Tehran, Iran.

2 - Master of International Relations. University of Mazandaran, Mazandaran, Iran.

Abstract

The growth of energy diplomacy and networking has caused more interaction at the international level In a long period of time, the OPEC member countries played a role as the most important decision-making players in the energy market, but over time, players like Russia decided to cooperate and interact more with the energy-owning countries, especially OPEC, in order to have more influence, and formed a coalition in the form of OPEC Plus. Russia and Saudi Arabia are its biggest players. Russia seeks to play a greater role in the energy market and replace itself instead of America in the region, and OPEC members seek to reduce dependence on the West and diversify the sales market and dominate the pricing market. Both sides realized that their proximity leads to market growth and more power. The question of the article is, what approach does Russia follow in OPEC+? What advantages has this alliance had for Russia? In the framework of energy diplomacy, the article has divided the approach of Russia's energy policy into two parts before and after the formation of OPEC Plus. Fields such as shale oil, the price crisis have caused Russia's attitude to change from competition to cooperation. Considering the presence of Russia in this alliance, Russia's emergence as an important player in determining the price of oil market,raising political and economic interests, disrupting the balance between Riyadh and Washington, and greater cooperation between Saudi Arabia and Russia are among the advantages that Russia has in this The coalition has won.

Keywords

References

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Mesopotamian Political Studies
Volume 2, Issue 1
May 2023
Pages 27-51

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History

  • Receive Date: 30 January 2023
  • Revise Date: 28 February 2023
  • Accept Date: 01 March 2023

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