ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Energy guru Yergin: Putin has destroyed the economy he built

As the world heads to a scramble for oil, Iran emerges as key alternative source

Russian President Vladimir Putin speaks at a session of the Russian Energy Week International Forum in Moscow in October.   © Reuters

HOUSTON, U.S. -- Daniel Yergin, vice chairman of S&P Global and a leading authority on energy, says Russian President Vladimir Putin once shouted at him during an international forum for asking about a sensitive topic: shale gas.

The question was about how Russia planned to diversify its economy from dependence on oil and gas export revenues. But the word "shale" triggered a fierce response from the Russian leader, back in 2013.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more