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 ... ... many countries to seeks diversification away from oil towards other sources of energy. Natural gas seemed to be the most prospective alternative. During the 1970s natural... ... partners left the Reagan Administration with the only remaining option – to impose sanctions on gas compressor station elements, that were produced in the US. This eventually...
The quality of the commercial cooperation between Russian and Western European companies in the energy sector has remained significant, despite the sanctions regime. Strong economic rationale seems to prevail over politics. The German-Russian relations have been the most prominent in the region and have long-existed ... ... 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... ... 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...