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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 demand, falling prices and eventually falling revenues for Russia’s state budget – Russophobes were quick to celebrate the demise of Europe’s gas dependency ...
Turkish Stream was conceived in 2014 following Russia’s cancellation of South Stream which became a casualty of Russia-Ukrainian conflict and faced high opposition from ... ... hub for Europe will be located at the border of Turkey and Greece. Being a strategically important transit point for Russian gas going to Europe and bypassing Ukraine, Turkey tries to increase its bargaining power and engages into price arbitrage with ...
... connect Italy and Greece in mind, the European authorities announced the intention to strengthen control over the energy sector through access to commercial contracts and pricing details. The rational interests of the European Union with regard to Russia boil down to achieving the best possible negotiating position against the background of falling production from other sources that traditionally supply gas to Europe. The European Union could act irrationally and prioritize purchases of more expensive natural gas (as is the case with Lithuania, with plans to purchase LNG from the United States ) although this is an unlikely scenario given the slow economic growth on the ...
BRUSSELS (Sputnik) – The European Union is trying to maintain the transit of Russian gas through Ukraine for politically motivated reasons, Russian Envoy to the EU Vladimir Chizhov said. "I think they have the ultimate goal of keeping the Ukrainian transit, which is a purely political stance. It does not have any economic basis," ...
... Affairs). The composition of this group certainly recalls the proposed route of the Turkish Stream pipeline, a project which was Russia’s reaction to the plan to halt development of the South Stream. Moreover, by all indications the group will be institutionalised ... ... talks, although they are also part of the Balkan Peninsula. It is also noteworthy that these countries want to build a common gas infrastructure, using among other things the financial resources of the European Union. In the joint declaration on strengthening cooperation in the energy sphere which was signed at the end of the ...
With the ongoing crisis in relations with the European Union, any kind of high-level bilateral meeting between Russian representatives and individual EU countries is bound to attract heightened, and in some cases disproportionately high,... ... (anti-Turkish sentiment is still strong in Greek political discourse), Mr. Tsipras nevertheless noted that the idea of building a gas pipeline from Russia to Turkey is of great interest to Greece both in terms of satisfying its own natural gas requirements ...
... the U.S.A.'s pressure on one side, and the economic interdependency with the Russian Federation on the other. This article examines the current state of the issue... ... currently under negotiation, which aims to create an area of free trade between the European Union and the United States. In June 2013, the EU gave directives to its delegations... ... decisions” of the EU authorities, just to re-quote Ms. Mogherini's intervention. Gas at All Costs Another crucial aspect, which the EU is failing to address, concerns...
Winter is approaching and the European Union, following the lead of the U.S.A., is firmly persisting in its policy of sanctions against the Russian Federation. Yet the prospect of closing down of Gazprom's pipelines, which cover about 30% of the gas requirements of the European area, seems now to be worrying the political establishment of Brussels. Whether or not those fears are rational is a subject of this article, which will explore the possible scenarios and developments, as well as the geopolitical ...
... the European market and fully matches Gazprom prices for European countries. The alternate price suggested by Kiev is absolutely groundless. As far as the overall gas settlement is concerned, the heart of the matter seems to lie in the approach of the European Union. Fortunately, Brussels today is deeply involved in gas negotiations between Russia and Ukraine in contrast to 2006 and 2009, when the Europeans deliberately avoided any kind of participation in such processes. But nowadays they appear to be seriously worried about their own continuous gas supply during winter. energy.sia-partners....
| U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements |
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| U.S. wants to deter Russia’s military and political activity |
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| U.S. wants to dissolve Russia |
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| U.S. wants to establish alliance relations with Russia under the US conditions to rival China |
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