Enterprise & Industry

Russia’s Big ASEAN Energy Pitch Isn’t Winning What It Thinks

Russia signs nuclear and oil agreements to position itself as a 'third power' in ASEAN.

Deep Dive

At the ASEAN-Russia Commemorative Summit in Kazan, Moscow struck a nuclear energy cooperation framework with Laos and gave Malaysia assurances on fuel supplies, with preparations for a long-term deal. Officials also noted Indonesia’s “tremendous interest” in nuclear technology, including floating plants. While analysts say energy could be “a good opening” for Russia to boost ties, they add its relevance in the region is unlikely to grow.

Key Points
  • Russia signed nuclear energy agreements with Laos and Indonesia, including floating nuclear plant plans.
  • Malaysia secured assurances for long-term oil and gas supplies amid energy supply uncertainty.
  • Moscow’s push aims to position Russia as a ‘third power’ in ASEAN amid US-China rivalry.

Why It Matters

Russia’s energy diplomacy could reshape ASEAN’s geopolitical balance by offering alternatives to US and Chinese influence.

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