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Competing for Markets and Influence: Asian National Oil Companies in Eurasia
Charles E. Ziegler 경남대학교 극동문제연구소 2008 ASIAN PERSPECTIVE Vol.32 No.1
This article discusses the asset acquisitions of Asian national oil companies (NOCs) in the energy-rich states of Russia and Central Asia, and considers the implications for economic and geopolitical stability. Asian NOC investment in these countries is analyzed in terms of state-level political and economic relations, as well as the regional and local impact of NOC activity on the host country. Asian NOCs, and the governments that support them, face few political obstacles in dealing with Eurasia’s authoritarian regimes. Asian companies operate in business cultures similar to those in Eurasia, and have fewer reservations about engaging in bribery or corruption than their Western counterparts. These advantages are offset by the entrenched position of Western and Russian oil companies, and a strong commitment of the host states to political and economic independence. This article discusses the asset acquisitions of Asian national oil companies (NOCs) in the energy-rich states of Russia and Central Asia, and considers the implications for economic and geopolitical stability. Asian NOC investment in these countries is analyzed in terms of state-level political and economic relations, as well as the regional and local impact of NOC activity on the host country. Asian NOCs, and the governments that support them, face few political obstacles in dealing with Eurasia’s authoritarian regimes. Asian companies operate in business cultures similar to those in Eurasia, and have fewer reservations about engaging in bribery or corruption than their Western counterparts. These advantages are offset by the entrenched position of Western and Russian oil companies, and a strong commitment of the host states to political and economic independence.
Charles E. Ziegler 경남대학교 극동문제연구소 2014 ASIAN PERSPECTIVE Vol.38 No.4
With US and North Atlantic Treaty Organization (NATO) forcespoised for a major drawdown from Afghanistan in 2014, and Russiadetermined to strengthen its influence in the “near abroad,” newuncertainties face the volatile post-Soviet Central Asian states. Changing power alignments in the region will pose new challengesfor the United States, Russia, China, and the European Union. Thisarticle assesses the evolving direction of great-power interactionand influence in Central Asia, focusing on Moscow’s growing assertivenessin the region. Using a neoclassical realist framework, Iargue that geographic, historical, and cultural ties; a military presence;and developing economic institutions favor Russia over theshort term, although China is best poised to expand regional influenceover the long run. US war weariness, budget constraints, anddistance suggest that—barring new major terrorist threats emanatingfrom the region—Washington’s presence and influence willgradually diminish.