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Uploaded on Friday 17 Feb 2012
Energy - environment - security interactions
Viktor Novikov, UNEP/GRID-Arendal
Recently energy demand in the region has reached and surpassed the 1991 level at the same time as the world oil prices have increased dramatically. Russia, for its part, has started a reappraisal of the political and economic costs and benefits of providing indirect energy subsidies. These factors are forcing the three countries to urgently rethink their energy supply options.