«Problems of economics and management of oil and gas complex»

Energy cooperation of the BRICS countries in the context of the world economy fragmentation and global crisis

UDC: 658.26(100)+339.9
DOI: -

Authors:

¹ Oil and Gas Research Institute Russian Academy of Sciences, Moscow, Russia
² National University of Oil and Gas "Gubkin University", Moscow, Russia

Keywords: BRICS, energy cooperation, energy security, renewable energy, geopolitics, global economy and energy, energy resources, energy efficiency, Russia

Annotation:

The author of the article considers the formation of energy cooperation within the BRICS framework and its prospects after the expansion of this interstate informal association. The main reasons for the creation and development of BRICS in the existing format, tasks, directions and forms of cooperation of its partner countries in the energy sector are shown. It is substantiated that at present it is more correct to talk not about energy cooperation of the BRICS countries, but about energy cooperation between the BRICS countries, and, first of all, about energy cooperation within the framework of bilateral relations between partner countries. The main achievements and problems of such cooperation in 2014–2023 are characterized. Emphasis is placed on Russia's role in the development of integration processes in the BRICS energy sector and the main tasks within the framework of the Russian chairmanship in BRICS this year. It is concluded that further prospects for energy cooperation between the BRICS+ countries will depend not only on how the entire system of the world economy and international relations will develop, but also on the economic development of these countries themselves, and especially Russia.

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