Case study - Russia and its energy exports Flashcards
1
Q
What does Russia’s economy rely on?
A
Crude oil and gas exports, which were uncovered in Siberian provinces
2
Q
How much does Russia depend on European market?
A
80% of oil exports brought from European market + China
3
Q
2006 Russia and Ukraine
A
Russia cut gas supplies to Ukraine for 3 days over payment dispute
4
Q
2008 Russia Arctic
A
Russian submarines planted two flags on Arctic seabed = claiming sovereignty over area where gas reserves are believed to be
5
Q
Russia warn USA
A
Russia warned USA not to expand NATO into EE or put missile sites there
