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Contexto Internacional

Print version ISSN 0102-8529


GOMEZ, José María; CHAMON, Paulo Henrique  and  LIMA, Sérgio Britto. Towards a new world energy order? potentialities and perspectives of the energy issue between the BRICS countries. Contexto int. [online]. 2012, vol.34, n.2, pp.531-572. ISSN 0102-8529.

The article analyzes energy-related issues among the BRICS countries and the potential refashioning of the world energy order that might spring from them. It begins by investigating the growing impact of the BRICS countries within the international order, with the intention of tracking their progress in an ambit so far restricted to developed countries and their oil suppliers. The text subsequently analyzes the energy matrix of each of the five BRICS countries from the points of view of political economy and sustainability. Finally, based on the previous sections, the final section of the article maps the tensions and complementarities between the BRICS and outlines the possibilities and limits of their cooperation on energy issues. The analysis concludes that given the potential for energy-related cooperation between these countries, a clear definition of their national energy supply and demand may allow the grouping to position itself as a new pole in the world energy market.

Keywords : BRICS; Energy Matrix; Energy Cooperation; New World Energy Order.

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