Indo-Pacific Energy Update – August 11, 2023
On July 31, Reuters reported that Chinese battery firms have invested $4.4 billion for manufacturing projects in South Korea.
On July 31, Reuters reported that Chinese battery firms have invested $4.4 billion for manufacturing projects in South Korea.
In the fourth installment of EIRP’s working paper series on Russia’s global energy role, Timur Kulakhmetov assesses Russia’s ambitious Arctic infrastructure and energy plans in the paper: “Cooling Prospects for Russia’s Arctic Development?”
Russia appears to have postponed construction of the Northern Latitudinal Railway, a proposed 707km railroad project connecting Russia’s northern Yamal Peninsula with nearby Arctic regions, until at least 2027 and possibly to 2031.
Speaking to World Trade Online reporter Oliver Ward for a special report titled “Developing U.S. clean hydrogen strategy includes exports as a production catalyst,” EIRP President Paul Saunders commented on the future of hydrogen development in the U.S.
On July 4, China’s Commerce Ministry enacted export controls of gallium and germanium that will require purchasers to apply for export permits beginning on August 1.
In the third Russia Energy Working Paper installment of EIRP’s working paper series on Russia’s global energy role, oil analyst Sergey Vakulenko looks ahead at Russia’s oil sector under enduring Western sanctions.
Singapore has detained a record thirty-three docking vessels in 2023 for safety failures, with nine ship detentions in April alone.
On June 1, Politico reported that Indonesia, Malaysia, and the Philippines are advocating for their firms to qualify for the electric vehicle (EV) tax credit under the U.S. Inflation Reduction Act (IRA).
On June 14th, EIRP President Paul Saunders discussed the intersection of geopolitics, domestic politics, economics, resource availability, and the energy transition at the 21st Century Public Policy Institute, a program of Keidanren, the Japan Business Federation.
In the second installment of EIRP’s working paper series on Russia’s global energy role, Yury Melnikov assesses Russia’s renewable energy potential in the wake of Russia’s invasion of Ukraine.