Putin Gets New Ally In Asia’s Heatwave As Countries Snap Up More Russian Energy – By Binitha Jacob (IB Times) / Junen2, 2023
- The sizzling hot summer in some Asian countries increased their dependence on Russian energy
- While India and China are the main recipients, other Asian countries are also queueing up for Russian imports
- Asian countries turned to dirtier fuels like coal and oil to meet the rising demand for electricity during the heat wave
- Russia will need to adapt to changing energy needs as the world shifts to renewable energy options
Asia’s reliance on Russian energy resources has surged in recent months, driven in part by the scorching temperatures witnessed over the past few weeks.
According to information sourced by Bloomberg from data intelligence firm Kpler, the latest statistics reveal a notable upswing in Asia’s imports of thermal coal and natural gas—key fuels predominantly used for electricity generation—from Russia.
The data further unveils that the months of March and April witnessed the highest-ever recorded levels of Russian fuel oil exports to Asian nations. Nonetheless, several experts caution that this surge in Russian exports to Asia may be transient unless Russia proffers sustainable energy alternatives to combat the pressing challenge of climate change.
