Press review: Russia’s future in the battle against climate change and the United States seeks to challenge OPEC + – Press review


Izvestia: Russia’s future in the fight against climate change

Preserving forests and other natural ecosystems plays a decisive role in the fight against global warming, Russian President Vladimir Putin said in his video message to participants of the Glasgow Climate Conference (COP26). He stressed that Russia intends to halt greenhouse gas emissions by 2060 and that the country’s vast forests should contribute to this effort. Meanwhile, the political part of COP26 has come to an end. However, as feared by many participants, it did not produce any breakthroughs. According to experts interviewed by Izvestia, this is due to the fact that countries are not ready to answer for their decisions to the world community.

“Russia is not faced with the dilemma of whether or not to use carbon-based energy resources as heavily as, for example, European countries or small island states, which might choose sources,” the deputy chief said. from the commission of sustainable development and ecology of the Russian Association for UN assistance Natalia Ryazanova told Izvestia. “Russia didn’t really need to be part of the overall process, but when it started to acquire more and more economic features, it became clear that Russia had to join it,” she added. .

The expert added that Russia is moving at its own pace towards cleaner fuel. According to Putin, in the years to come, an energy transition using hydrogen awaits Russia. The problem is that Western countries shape the rules for other states, and in this sense, the standards for EU countries will also apply to actors who wish to trade with the EU, Ryazanova stressed.

Putin’s speech was timed to coincide with the publication of the Declaration on Forests and Land Use, which was signed by 105 countries, including Russia. The Declaration, however, is not the only agreement reached at COP26. For example, on November 2, the White House announced that nearly 100 countries have already joined the global initiative to cut methane emissions by 30% by 2030. However, the situation here is a little more complicated than ‘with forests.

“Russia has one of the largest gas pipeline networks, and somehow methane leaks occur there. The same is happening in the United States, but that doesn’t prevent the United States to defend the fight, ”he added. Energy Institute Sergey Pravosudov told Izvestia.

Nezavisimaya Gazeta: the United States concocts an oil coalition against Russia and Saudi Arabia

A ministerial meeting of OPEC and its allies, including Russia, to determine oil production levels in December is scheduled for next Thursday. Most oil-producing countries support the continuation of already approved plans to increase oil production. However, many countries are unhappy with the high oil prices in consuming countries. And for US President Joe Biden, expensive gasoline has already become a real political headache. Washington is forming a coalition against the position of Saudi Arabia and Russia. Experts told Nezavisimaya Gazeta that the escalation of the oil price dispute could lead to further sanctions.

Over the past year, Brent oil has climbed 130% from $ 36 to $ 83 and foreign analysts are expecting further hikes. The current state of the oil market clearly does not suit the United States. According to media reports, Washington could even form a coalition to pressure OPEC + and force the cartel to increase oil production.

According to experts interviewed by Nezavisimaya Gazeta, a conflict between the United States and OPEC + would only be possible after the November 4 meeting, if the cartel decided not to increase oil production.

No sort of confrontation between OPEC + and the United States will happen anytime soon, BCS World of Investments department chief Vasily Karpunin told the newspaper. “So far, no leverage against OPEC + has been observed. The OPEC + agreement is over two years old and so far nothing like this has happened,” he said. underline. He also noted that if the oil price situation was really critical for American politicians, they could have reached a compromise with Iran long ago and lifted the oil embargo against it. Karpunine believes that “supplying this country would help to balance the oil market and put pressure on prices”.

The head of the analytical department of AMarkets Artem Deev also doubts that the pressure on importing countries will be effective. “The conflict between the United States and OPEC + over price cuts can only go one way, a failure for the United States,” said Alpari deputy director Natalya Milchakova.

Nezavisimaya Gazeta: EU approaches Belarus with new sanctions on one side and negotiations on the other

The fifth package of sanctions against Belarus could be adopted as early as mid-November. The upcoming new restrictions concern the migration crisis on the border between Belarus and the EU, and Europe considers Belarusian President Alexander Lukashenko to be the culprit. At the same time, the Belarusian question will be discussed in Vienna with the participation of representatives of the Lukashenko administration. However, experts interviewed by Nezavisimaya Gazeta are not sure that Belarusian leaders will be happy with the proposed format.

For the first time since last year’s presidential elections, Europe has questioned whether sanctions alone would be enough to resolve the Belarus issue. However, Austria’s initiative for the talks did not really surprise the Belarusian expert community. Vienna is considered to be Lukashenko’s main lobbyist in Europe, given that it has its own business interests in Belarus, writes Nezavisimaya Gazeta.

At the same time, experts remain very cautious about the effective implementation of the Austrian initiative. Political scientist Valery Karbalevich pointed out that Brussels and Minsk have different mutual interests. Karbalevich also doubts that Minsk will agree to participate in the Vienna conference.

Political scientist Igor Tyshkevich suggests that we should not expect “breakthroughs” from the Vienna initiative. According to him, Austria is trying “to test the willingness of the parties to dialogue and at the same time to strengthen its influence within the EU”. The expert believes that Russia could respond to the invitation if it needs it to put pressure on Minsk, but in this case Belarus will not send its representatives to the event. It does not exclude that the two parties can join the event at the level of pro-government experts, that is to say people far from making decisions.

Kommersant: US is responsible for deplorable state of relations with Russia, senior political expert says

Moscow and Washington are preparing for a second summit between Russian Presidents Vladimir Putin and Joe Biden of the United States. The date and format of the planned event have not yet been announced, as well as the topics that will be discussed by the two leaders. American political scientist and University of Chicago professor John Mearsheimer, who is also a member of the Valdai Discussion Club, told Kommersant that Washington should be interested in normalizing relations with Russia, as it bears primary responsibility for current conditions of bilateral relations.

According to the expert, the chances of US-Russian relations improving in the foreseeable future are very slim. Even if Biden wanted to radically change the situation for the better, it would be very difficult, as Russophobic sentiments are so widespread that it would take enormous efforts on the part of the administration to change its policy towards Moscow. Meanwhile, Biden has a number of issues much more serious than the state of US-Russian relations, Mearsheimer noted.

The current state of affairs has been influenced by several factors, including NATO’s eastward expansion associated with the so-called Color Revolutions, and the United States believing that all countries should behave like the wants Washington, the expert noted. According to him, the United States bears a major responsibility for the deplorable state of bilateral relations with Russia. And it is the United States that should be interested in normalizing relations, because an alliance between Russia and China is not in Washington’s interest.

Referring to the upcoming summit, Mearsheimer is reportedly advising Biden to take specific steps to improve relations with Russia. In particular, stop talking about further NATO expansion and make it clear to Putin that he understands Russia’s strategic interests in Eastern Europe.

Kommersant: Gazprom does not reserve Yamal-Europe capacities for 2022

Gazprom has not reserved additional Russian gas transit capacity via the Yamal-Europe pipeline via Poland to Europe for the first, second and third quarters of 2022. According to Kommersant, the refusal to reserve can be explained by Gazprom’s expectation that the certification of the operator Nord Stream 2 will soon be completed, as well as by the weak competition from LNG in Europe. Gazprom also refused to reserve additional transit capacity through Ukraine.

The Russian energy giant has chosen not to reserve additional capacity in order to have more certainty on the level of gas demand in Europe, on the reserves of UGS installations, as well as on the timetable for the launch of Nord Stream 2 by the end of 2021, Maria Belova of Vygon Consulting told Kommersant. Gazprom’s reluctance to reserve capacity for a long time can be explained by the wait for the launch of Nord Stream 2, its certification not yet being completed.

In addition, the company’s decision may indicate that it will not increase supplies to the European market beyond contractual obligations in 2022, and therefore it does not expect strong competition from LNG suppliers or a decline. growing struggle for market share in the region.

Fitch’s Dmitry Marinchenko believes that Gazprom is likely considering redirecting at least part of the gas flow through Ukraine and Poland to Nord Stream 2. Therefore, the company has chosen not to reserve capacity in order not to take ‘additional obligations.

TASS is not responsible for the material cited in these press reviews.

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