The Structure of Energy Politics in the South Caucasus: Grounds for Consolidation or Cooperation?
... energy policy, the South Caucasus may face intense competition from both neighbors. Still the remaining obstacles both within the region and outside of it create too many unresolved issues, which in turn hinder the smooth development of cooperation. The European Union (EU) and the Eurasian Economic Union (EEU) are in the process of elaborating common energy security policies. The Europeans are significantly ahead in this field and have already started the creation of common energy market that is protected from foreign expansion. It is inevitable that Russia and the EU will continue developing their ...