While Europeans have declared since the beginning of the Russian war in Ukraine that they want to reduce their dependence on Russian energies, Vladimir Putin responds by noting that he is considering where to redirect his exports. “We will assume that deliveries to the West will decrease in the future.”The Russian president said. must therefore “Reorienting our exports towards the rapidly growing markets of the South and East”, He explained Thursday, April 14, during a government meeting devoted to the energy sector in the context of international sanctions.
“Opportunities, options and alternative opportunities are opening up before us. For Russian oil, gas and coal, we will be able to increase their consumption in the internal market (…) and increase the delivery of energy resources to other regions of the world that really need them “, Vladimir Putin had already announced the day before.
The Russian president considers that European speeches ” destabilize the market and raise prices. Yet he wants to be confident: This of course creates difficulties for us, but we have the resources and opportunities to quickly find alternative solutions,” confirmed.
For Vladimir Putin, Attempts by Western countries to overthrow Russian suppliers, to replace our energy resources with alternative supplies, will inevitably affect the entire world economy.did you guarantee that “The consequences of such a move can become very painful, and above all for the initiators of such a policy.”
Not a ‘new turn towards Asia’
Vladimir Putin has not specified which countries he is thinking of when he talks about the south and east, but China, whose appetite for hydrocarbons continues to grow, borders Russia. However, Beijing has a reputation as a tough negotiator, and Russia is looking to see beyond that neighbor.
For several years now, Russia has already started to “Shift to Asia”. This Russian vision is not new. Recently confirmed to La Tribune Jacques Sapir, Director of Studies at EHESS (School for Advanced Studies in Social Sciences) and foreign member of the Russian Academy of Sciences.
“Russian Energy Strategy 2030, then 2040, enacted in 2010. And each version insists a little more on shifting towards Asia, in order to reduce the dependence of Russian exports on Europe. There has always been an idea with Vladimir Putin to reduce his dependence on Western countries and the United States, But mainly on European countries, ” Refers to Jack Sapir.
The United States focuses on enforcing sanctions
The Russian president’s call to develop new outlets for Russian fossil fuels comes as Europeans consider extending their hydrocarbon sanctions in Moscow in response to its military intervention in Ukraine. The Russian oil and gas that continues to flow into Europe – its first market – guarantee important incomes for Moscow. The European Union, the United States and Japan have already announced a ban on Russian coal, and European Commission President Ursula von der Leyen has indicated that she will propose a goal of independence from the European Union towards Russian fossil fuels by 2027.
Anyway, the United States considers it to have taken ‘Big penalties’ against Russia and focus on executing them, particularly on fighting any attempt to “evade”, that is, the risk of Russia circumventing measures imposed by the United States, National Security Adviser Jake Sullivan noted Thursday, April 14 at a symposium. “We will have announcements in the next two weeks outlining the goals that try to enable this escape both in Russia and abroad,” Did he say.
As the National Security Adviser emphasized, about the wealth of the Russian oligarchs now frozen due to sanctions, for example their yachts or their financial assets: “Our goal is not to bring them back.” For owners at the end of the conflict, but To make better use of it. And to add: “There are methods that we already have, and others that we could possibly develop, and we are actively studying them.”
Some US parliamentarians have already called for the sale or liquidation of Russian assets affected by the sanctions, to fund post-war reconstruction of Ukraine.