Russian energy and the Korean Peninsula

The recent agreements concerning North Korea's nuclear program raise possibilities for providing North Korea with energy (oil and gas) to compensate for the termination of its nuclear program and of integrating it more broadly into the Northeast Asian economy. Russia has long wanted to play the role of provider of oil and gas to North Korea and these agreements open up new opportunities for it to do so. However, serious obstacles in the nature of North Korea's precarious economic situation and its consequences, international rivalries in Northeast Asia, and Russia's own energy policies present serious obstacles to the realization of Russia's ambitions as regards North Korea and as energy provider to Northeast Asia as a whole. © Springer Science + Business Media B.V. 2007.