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Russian and Caspian Hydrocarbons: Energy Supply Stakes for the European Union

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  • Catherine Locatelli

Abstract

The issue of EU gas supply security has become more and more important in the 2000s in the context of gas market liberalisation and the question of the reliability of Russia as a supplier. One answer to these problems is EU gas diversification, specifically the opening up of a fourth gas corridor to supply the EU with gas from Central Asia via the ‘Caucasus’ or ‘southern’ route. The feasibility of this strategy might now be called into question. This article reviews the new strategies that could emerge in the producing countries as well as those of international oil companies, and then examines what the consequences might be as far as the EU's diversification strategy is concerned. The article identifies some of the problems and limits of these strategies.

Suggested Citation

  • Catherine Locatelli, 2010. "Russian and Caspian Hydrocarbons: Energy Supply Stakes for the European Union," Europe-Asia Studies, Taylor & Francis Journals, vol. 62(6), pages 959-971.
    • Handle: RePEc:taf:ceasxx:v:62:y:2010:i:6:p:959-971
    DOI: 10.1080/09668136.2010.489264
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    References listed on IDEAS

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    1. Sadek Boussena & Jean-Pierre Pauwels & Catherine Locatelli & Carine Swartenbroekx, 2006. "Le défi pétrolier : questions actuelles du pétrole et du gaz," Post-Print halshs-00009622, HAL.
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