The present thesis is an approach to issues concerning the European Union and Russian energy relationships. Beginning with the description or each side energy policy and the relative legal framework, an analysis is conducted concerning their interconnection and interdependence, with the conclusion of the necessity for those parties to cooperate. European Union‘s conventional resources are limited and insufficient for the community‘s high consumption needs. Therefore it is focused on imports, especially from Russia, however it is struggling through an open and competitive internal market to diversify its energy suppliers. Russia on the other hand, is the wealthiest country concerning the proven natural gas resources and establishes wide exports, with European Union its most reliable client. It follows a monopolistic model in its exporting operations, trying to conserve its hegemonic position. Under special legal framework both components express their energy policy, which operates as an informal ministry of foreign affairs, with EU side aiming the limitation of Russian influence and Russia‘s strong interest to maintain its energetic present within EU territory for various geostrategic reasons, besides its new partnership with Eastern countries.
The EU-Russian energy relationship is deeply affected by their political and geostrategic interests, therefore it is under a continuously development.
Collections
Show Collections
