Journal of Energy Security

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In Historic Russia - China Nuclear Power Cooperation, U.S. Loses Big

The record-setting nuclear deal inked between China and Russia earlier this month is the latest blow to America’s declining influence in commercial nuclear power across the globe. James Grant presents the issues.

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Putin Uses North Korean Summit to Make Energy Moves

With the ink barely dry on the historic Trump-Kim summit agreement, Moscow is already maneuvering itself to take advantage of rapprochement on the Korean peninsula.  The first order of business: reviving a decades - old energy megaproject that would connect Russian gas and the Trans-Siberian railroad to Seoul via North Korea. As concerning as it may seem for Washington, reinvigorated ties between Moscow and Seoul may prove a strong bargaining chip for Donald Trump in his forthcoming talks with Vladimir Putin -- rumored to take place in Vienna this July.

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Kazakhstan is opting for nuclear engagement, not deterrence

With North Korea wreaking havoc by testing nuclear weapons and missiles, and with the Iranian nuclear program becoming once again the focus of U.S. foreign policy, Washington is searching for solutions to both crises. In 1991, Kazakhstan hosted one of the largest nuclear test sites of the Soviet empire, as well as the fourth largest nuclear arsenal in the world, larger than that of the United Kingdom, France, and China combined. Although wedged between two nuclear-armed giants, Kazakhstan chose to accede to START-I, the Nuclear Non-Proliferation Treaty, and the Comprehensive Test-Ban Treaty. Under these, Kazakhstan relinquished all nuclear warheads to Russia instead of maintaining and building up an independent deterrent it could ill afford. This was vastly consequential — and highly controversial. Read the rest here .

United States and Canada Must Jointly Develop North American Energy Market

With Canada's complex and costly extraction and high transportation costs, the enduring low oil prices have hit the country particularly hard. Furthermore, possible alleviative measures such as pipeline and LNG terminal expansion face not only domestic but also U.S. opposition. TransCanada’s recent acquisition of the US-based Columbia Pipeline Group Ltd however, should allow it to export more easily to the U.S., and hopefully represents a step towards further cooperation between the U.S. and Canada in the North American energy market.

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China’s “One Belt - One Road” Mega-Project Will Boost Eurasian Natural Gas Opportunities

China is expanding its influence westward with the “New Silk Road” project, which will prominently feature natural gas projects and maritime trading. If completed, the project will connect Pacific to Atlantic, and be the largest infrastructure undertaking ever built. This project has the possibility of creating millions of jobs, providing security in Central and South Asia, as well as giving a way for energy resources to flow to new consumers in developing regions.

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