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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. In reality, the current crisis is rather a temporary one that mostly concerns the state of relations between Moscow and Brussels,...
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 ... ... 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 ...
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 ... ... 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....
