... fears, which have been absorbed within the EU along with the accession of those countries. Nevertheless, the strong economic gas trade model between Russia and core EU member states such as Germany continues to exist and is likely to remain the backbone of the economic and energy relations between Russia and the EU despite the strong opposition from CEECs.
References
Boon von Ochssee, T. & van der ... ... EUROPE-ASIA STUDIES, Vol. 64, No. 3, May 2012, 449–469.
Geden, O., Marcelis, C. & Maurer, A. (2006) Perspectives for the European Union’s external energy
policy: discourse, ideas and interests in Germany, the UK, Poland and France (Berlin: ...
Many analysts and politicians consider the current political crisis between Russia and the European Union as part of a long-term negative trend that will lead to a further decrease in cooperation between the two parties.... ... concerning the issue of cooperation between the two German states, the USSR and West Germany managed to establish the base of the gas interdependence model, which was to become a backbone of the contemporary EU energy security. In a time of severe political ...
... complexity of the relationship through swap deals and favorable transactions, which encompass the entire value-chain of the natural gas sector. The pinnacle of recent collaboration has been the initiation of the Nord Stream-2 project, which has the potential ... ... needed, as both countries realize that their cooperation forms the backbone of Europe’s energy security. Reinforcing the energy relations between the two countries adds to the strengthening of the existing interdependence and will prevent future gas ...
There goes a saying: A chain is as strong as its weakest link. This may very well be the case with the EU vis-à-vis its member state dependency on Russian natural gas. While analyzing the European gas market, too much attention has been focused on the EU-28 average gas consumption index and very little scrutiny was given to individual member states. Analysts were fixated with the EU Commission official stance on ...
Much has been written about Europe’s falling dependency on natural gas and how detrimental this seemed to be for Russia, being the biggest supplier of natural gas to the old continent. Falling ... ... market? Answering those two questions will give us a better idea of how recent market aberrations are influencing EU-Russia energy relations.
Analyzing the following data gives us a very simplistic, yet adequate idea of the ongoing demand trend in Europe....