Amid Energy Crisis, Russia Positions Itself as a ‘Third Power’ Alternative for Southeast Asia

At the ASEAN–Russia Summit held in Kazan, Russia has positioned itself as a reliable energy supplier for Southeast Asian nations. It is preparing to sign long-term agreements for nuclear energy cooperation with Laos and petroleum product supply with Malaysia. Analysts note that despite increased energy cooperation, Russia’s overall trade and influence within ASEAN remain significantly lower compared to China and the United States. Kathmandu, 21 June.

Southeast Asian countries are currently grappling with uncertainty and instability in energy supply, influenced by the Iran conflict and escalating US-China competition. In this context, Russia is presenting itself as a dependable ‘third power’ alternative for the region, analysts say. This strategy was clearly demonstrated at the ASEAN–Russia Summit in Kazan on Thursday. Russian President Vladimir Putin met with regional leaders, with both sides agreeing to strengthen political and economic ties.

Numerous bilateral agreements were signed on the sidelines of the summit, further providing Russia with another platform to deepen its engagement with ASEAN (Association of Southeast Asian Nations). Many governments in the region aim to diversify their energy sources and keep diplomatic options open to avoid complete dominance by either Washington or Beijing. This week, Russia secured several energy-related deals, including signing a framework agreement with Laos for the peaceful use of nuclear energy. Laos has set a net-zero carbon emission target by 2050 and is exploring opportunities to build a Russian-designed nuclear power plant on its soil.

Russia also guaranteed the supply of petroleum, oil, and gas to Malaysia. Malaysian Prime Minister Anwar Ibrahim told reporters that preparations are underway for a long-term supply agreement. Meanwhile, Alexey Likhachev, CEO of Russia’s state nuclear company Rosatom, confirmed Indonesia’s interest in the technology. Indonesia is planning to develop floating nuclear power plants and has shown considerable interest in nuclear technology. At the summit, Indonesian Foreign Minister Retno Marsudi called for enhanced cooperation with Russia.

Amid global conflicts causing disruptions, the minister emphasized the importance of strengthening regional stability and resilience. Foreign Minister Retno said, “Currently, across ASEAN, we are investing in strengthening supply chains and accelerating energy transitions. ASEAN cannot sustain these efforts alone. The quality of our external partnerships strengthens our capacity.” She added, “Our right to choose our own partnerships is the most important thing for achieving these goals; hence, our dialogue with Russia holds significant importance.”