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The Russian Arctic Zone: Impacts of Recent Sanctions on Business and Security

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17 October 2014, 9:00
Tim Reilly from the Arctic Advisory Group will offer his insights into how recent sanctions and the changing security environment are likely to impact western businesses with interests in the region from a Russia perspective.

Western sanctions on financing and supplying technology to the Russian oil and gas industry threaten the long-term prospects of developing Russia’s Arctic Zone, an area identified as being of critical strategic importance to Russia’s economy in the coming decade. Tim Reilly from the Arctic Advisory Group will offer his insights into how recent sanctions and the changing security environment are likely to impact western businesses with interests in the region from a Russia perspective.

About the speaker: Tim Reilly is the Co-Founder of Arctic Advisory Group, (www.arcticadvisorygroup.eu) a UK/Norwegian Arctic Risk Management and Research consultancy working in the Energy, Mining, and associated Infrastructure and Shipping sectors. Tim was Shell’s Government Affairs Adviser in the Caspian region in the nineties, as well as working in the Caucasus, Central Asia, Russia and Ukraine, for companies such as Chevron and JKX Oil & Gas. His first experience of the Arctic was as a young paratroop officer where he spent three winters inside the Arctic Circle, training in Arctic warfare. Tim is a Russian speaker, and was educated at Cambridge, Durham, and the Moscow State Institute of International Relations. His PhD research at the Scott Polar Research Institute at Cambridge was in the evacuation of hydrocarbons from the European Arctic, via the Northern Sea Route, to Asia. Tim is also a Senior Fellow at the Institute for Statecraft in London and the editor of Arctic Focus, a quarterly magazine published by MENAS Associates providing expert news and analysis on the Arctic region.

The session will run from 1000-1100 and will include an opportunity for Q&A with the speaker.

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