Exploration & Production

Russian tactics tested in Middle East

Russia’s focus on business pragmatism over geopolitical reality may leave it with a delicate balance to maintain the Middle East Russia’s focus on business pragmatism over geopolitical reality may leave it with a delicate balance to maintain the Middle East.
By The Wildcat 13 October 2017 0 27956
A meeting between Gazprom and Kurdish officials in 2013. A meeting between Gazprom and Kurdish officials in 2013. (Gazprom)

When the United States and the EU imposed sanctions on Russia in response to the conflict in Crimea in 2014, Moscow reacted by pivoting its focus eastwards. Asian investors were courted to plug the funding gaps and new energy opportunities were sought in the Middle East.

Russia’s push for closer ties with Middle Eastern states has yielded results. However, as the stand-off between Saudi Arabia and Qatar shows no signs of abating, Russia’s hopes of gas alliances with both may leave it with a difficult balance...