Headwinds vs tailwinds mr. narendra taneja


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Headwinds vs tailwinds mr. narendra taneja

  1. 1. byNarendra Taneja
  2. 2. SEVERAL ASIAS•Arab Asia•Other Islamic Countries / Central Asia•Secular / Other Asia•Confucian Asia•OECD / “Western” Asia
  3. 3. •Unipolar Asia or Multipolar Asia – A MillionBattles Within•Is the idea of “One Asia” worth pursuing in thisage of Globalization?•The Asian Century ?
  4. 4. ASIAN ENERGY LANDSCAPE•The Middle East and India drawing closer intoa historic partnership•China works on a new Middle East strategyand roadmap•IOCs, the West and the Middle East•IOCs and NOCs in the Central Asia•The Golden Age of Gas• King Coal• Nuclear power here to stay and grow• Prince Solar
  5. 5. MIDDLE EAST FOR THE MIDDLE EAST•The Middle East oil and gas giants want to builda secure future beyond oil•Need Asian markets as well as the Westerntechnology, knowhow and financial expertise•The Middle East best placed to work as thebridge to Africa for both Asia and Europe
  6. 6. BIG QUESTIONS?•How will Japan meet all of its energy needs?•Will India and China cooperate to secure theirenergy needs and future?•Will desperate India, China, SouthKorea, Japan and the United States join handsto form an “OPEC” of oil importing countries?• Will the ever-going Great Oil Game get dirtier?•Is nuclear power more about the “other nuclearpower”?•Wars-over-oil to wars-over-“nuclear power”
  7. 7. TAILWINDS•Youth, technology and new global valuesbringing nations closer like never before•Trade and commerce within the Asian regionsgrowing despite differences, constraints andconfrontations•It is all about rising aspirations and better life allacross Asia today•Emergence of Asia as the Centre of the Worldnow unstoppable•Asia home to fastest growing energy companiesand markets in the world
  8. 8. CHALLENGES•Doubts over future of nuclear power•Slow energy industry and market reforms incountries such as India•Lack of sufficient funds for renewable R&D•Rise of state capitalism•Poor state of NOCs and power / energy utilitiesin several countries
  9. 9. •Widespread energy poverty and energyilliteracy•Rising civil unrest, poor governance andcorruption• Half-hearted efforts to promote regionalcooperation in most parts of Asia
  10. 10. CONCLUSIONS•Most countries will be driven only by their ownenergy interests and goals•G20, BRICS and other such platforms willattract more attention of India and China thanany regional setting/s•No effective Asian energy cooperation orderbuildable until all manoeuvres over whether itwill be a unipolar Asia or multipolar one settledfirst
  11. 11. •Rapid globalization, emergence of India andChina on the global high-table and risingWestern “fears” involving China leading to newdivides on the one hand and new energyalliances on the other
  12. 12. WHAT SHOULD BE DONE?•Launch as many independent energycooperation initiatives as possible•Build energy bridges and coalitions with alllike-minded countries to secure energy forgrowth and prosperity_________________________________________