... sectors and gas pipeline grid interconnectedness, and second, the perception of Russia as an energy supplier. The latter factor is the one that pertains most to our analysis and has emerged as the most troubling issue in maintaining the interdependency in gas trade. The EU Enlargement as such has not immediately influenced the energy relations between the EU and Russia, but it has led to the creation of a very problematic and volatile environment in the energy sphere, where even the slightest aggravations and provocations hold the potential for catastrophic consequences.
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... Germany relations with the USSR. Despite the uneasy political circumstances during the Cold War and political sensitivity 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 crisis the two adversaries managed to build a long-lasting cooperation based on a sensible economic model that benefited both ...
... to politicization or blackmail from third parties.
The strengthening of the the Russian-German energy partnership is much 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 crises, transit halts, politicization, and securitization attempts. The dissolution of the Soviet Union and the subsequent Eastern Enlargement of the EU have lead to detrimental consequences, which have undermined the gas trade between Europe and ...
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 ...
... Ukraine and active market liberalization policies initiated by the introduction of the Third Energy Package.
What are the factors for the increased demand and how is Russia’s energy giant Gazprom coping with the recent dynamics on the European gas 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. What the data fails to portray is the existing asymmetry of gas demand, consumption and dependency on Russian gas deliverers ...
