From the recent OPEC agreement to energy security issues in Europe, few countries are more important to the global energy picture than Russia. On this episode of the Columbia Energy Exchange, host Jason Bordoff speaks with Dr. Jonathan Eyal, International Director of the Royal United Services Institute, a leading think tank on military and defense issues in the United Kingdom. They discuss: How Russia's position in the global energy order might shift as a result of growing U.S. and Australian LNG exports; What affect continued, if not harsher, U.S. sanctions will have on the Russia; How Brussels and Eastern Europe should handle energy ties with Russia; The development of Nordstream II; Russia's Middle East policy and implications for its relationship with OPEC.