Russian Energy Firms in the Eastern Market
Journal: ANU Press eBooks
Year: 2021

Since early 2014, when the Crimean Peninsula was annexed by the Russian Federation and Western sanctions against Russia began to affect its global oil and gas export boundaries, 1 Moscow has had no choice but to prioritise its Asia-Pacific strategy.Russia had laid solid groundwork for its entry into the Asian oil and gas market with completion of the East Siberia -Pacific Ocean (ESPO) oil pipeline in 2009.In 2018, Russia became China's biggest supplier of crude oil, delivering 71.5 mt.In Decembe