IDEAS home Printed from https://ideas.repec.org/a/bal/3seasj/2661-51502021221.html
   My bibliography  Save this article

Diversification Of Gas Supplies As A Cornerstone Of Gas Security In The Framework Of The Three Seas Initiative

Author

Listed:
  • Danylo Stonis

    (Charles University in Prague, Czech Republic)

Abstract

The article overviews approaches to the diversification of gas supplies in the framework of the Three Seas Initiative. The modern geopolitical situation in Eastern and Central Europe is characterized by transformation processes in the energy sector. Due to the implementation of decarbonization policy in the European Union and subsequent shift from coal as a main energy source, a need in alternative fuel sources, such as natural gas, emerges. Therefore, a significant increase in natural gas consumption is expected, which raises a number of issues, such as dependence on a single gas supplier and orientation of the EU’s gas transmission system in East-West direction only. This issue is crucial for Eastern and Central European states, due to the underdeveloped gas infrastructure in the region and heavy dependence on a single gas supplier, such as Russia or Turkey. Hence, the Three Seas Initiative is considered as a powerful tool, designed to develop energy, transport and digital infrastructure of the region in the North-South direction, where one of the most potentially promising projects within the framework of the Three Seas Initiative is represented by the development of gas infrastructure, aimed at solving the diversification of supplies in the gas market in Eastern and Central Europe. The implementation of developed gas infrastructure and diversification of gas supplies consists of several regional projects that are relevant for those countries in the region in which they are implemented in particular and for all member states of the Three Seas Initiative in general. The main purpose of the implementation of these projects is the creation of a unified natural gas transportation infrastructure in Eastern Europe along the North-South axis. The result of such a grand reorganization in the field of gas supplies to Europe will be an increase in the number of independent suppliers in the European gas market and a decrease in the dependence of the EU countries on gas supplies from Russia. In the article, the author traced in detail the tendency of the formation of energy infrastructure along the North-South axis with focus on the projects that are being implemented by each of the participating countries within the framework of the Three Seas Initiative. This approach allows to assess the scale and integrity of the gas transportation infrastructure, that is being created in the Eastern Europe region and its contribution to the common European energy security policy.

Suggested Citation

  • Danylo Stonis, 2021. "Diversification Of Gas Supplies As A Cornerstone Of Gas Security In The Framework Of The Three Seas Initiative," Three Seas Economic Journal, Publishing house "Baltija Publishing", vol. 2(2).
  • Handle: RePEc:bal:3seasj:2661-5150:2021:2:2:1
    DOI: 10.30525/2661-5150/2021-2-1
    as

    Download full text from publisher

    File URL: http://www.baltijapublishing.lv/index.php/threeseas/article/view/1204/1243
    Download Restriction: no

    File URL: http://www.baltijapublishing.lv/index.php/threeseas/article/view/1204
    Download Restriction: no

    File URL: https://libkey.io/10.30525/2661-5150/2021-2-1?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Matúš Mišík & Andrej Nosko, 2017. "The Eastring gas pipeline in the context of the Central and Eastern European gas supply challenge," Nature Energy, Nature, vol. 2(11), pages 844-848, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mihai Daniel Roman & Diana Mihaela Stanculescu, 2021. "An Analysis of Countries’ Bargaining Power Derived from the Natural Gas Transportation System Using a Cooperative Game Theory Model," Energies, MDPI, vol. 14(12), pages 1-13, June.
    2. Piotr Maśloch & Grzegorz Maśloch & Łukasz Kuźmiński & Henryk Wojtaszek & Ireneusz Miciuła, 2020. "Autonomous Energy Regions as a Proposed Choice of Selecting Selected EU Regions—Aspects of Their Creation and Management," Energies, MDPI, vol. 13(23), pages 1-27, December.
    3. Wiktor Hebda, 2021. "The North-South Gas Corridor in the Context of Poland’s Gas Transmission System—A Perfect Opportunity to Diversify Gas Resources," Energies, MDPI, vol. 14(21), pages 1-21, November.
    4. Prontera, Andrea & Plenta, Peter, 2020. "Catalytic Power Europe and gas infrastructural policy in the Visegrad countries," Energy Policy, Elsevier, vol. 137(C).
    5. Kateryna Yakovenko & Matúš Mišík, 2020. "Cooperation and Security: Examining the Political Discourse on Natural Gas Transit in Ukraine and Slovakia," Energies, MDPI, vol. 13(22), pages 1-14, November.

    More about this item

    Keywords

    Three Seas Initiative; North-South axis; diversification; gas transportation system; energy security;
    All these keywords.

    JEL classification:

    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bal:3seasj:2661-5150:2021:2:2:1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anita Jankovska (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.