Russia to reach historic moment as energy superpower

Russia is approaching an historic moment of opportunity as a world energy superpower, according to speakers at a day-long workshop Oct. 25 at Rice University's James A. Baker III Institute for Public Policy. The Petroleum Energy Center of Japan (PECJ) cosponsored the event.Among the topics discussed were Russia's energy supply and its influences on pricing, security, and oil geopolitics. Amy Myers Jaffe, an energy fellow at the Baker Institute, presented key findings of a new study compiled by the institute and PECJ entitled "The Energy Dimension in the Russian Global Strategy."Russian crude oil exports, Jaffe said, are expected to rise by 2 million b/d by 2008, based on known res...

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