{"word_count": 263, "character_count": 1675}
The Strategic Implications of Russia's Eastern Oil Resources / James Henderson. OIES, Jan. 2011, 81 p. (WPM 41)http://www.oxfordenergy.org/pdfs/WPM41.pdfRussian  oil exports have historically been focused on western markets but the  rapid growth of the Asia-Pacific economies over the past two decades has  led to a re-focusing of Russia's strategic and energy interests. The  oil and gas resources of East Siberia and the Far East of Russia have  long been known about and a number of factors have now led the Russian  Administration to increase the priority of their development. Dr.  Henderson's paper examines the renewed interest in investment in the oil  resources in East Siberia and the Far East. This paper examines the  strategic importance of the East Siberia-Pacific Ocean pipeline and the  ability of Russia to increase production from its eastern regions to  fill the full capacity of the line. It examines the plans of all the  companies involved in field development looking in detail at the  specific assets that will provide the bulk of Russia's oil exports to  eastern markets. The paper also discusses the fiscal incentives that the  Russian State is starting to provide in order to encourage companies to  invest, and provides estimates by company of the potential amount and  timing of oil production that could possibly emerge as a result. It also  analyses the potential for Russia's eastern territories to produce  sufficient oil to balance the gradual decline expected in the west of  the country and explores the opportunity for Russian exports to make a  greater contribution to the crude mix supplying demand in the  Asia-Pacific region. (© OIES)