... The 1973-1974 surge in oil prices urged 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 gas production in the Soviet Union demonstrated ... ... The failure to convince his European 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 led to a major political crisis and ...
Search: Sanctions,Natural gas,German-Russian Relations (2 materials)
... 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 under the mutual awareness of interdependence.... ... complexity of the relationship through 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 the Nord Stream-2 project, which has the potential ...
In your opinion, what are the US long-term goals for Russia?
33 (31%) U.S. wants to deter Russia’s military and political activity 30 (28%) U.S. wants to dissolve Russia 24 (22%) U.S. wants to establish alliance relations with Russia under the US conditions to rival China 21 (19%)