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The Region of Southeast Europe: The Island of Missing Gas Connectivity and Its European Implications

In: Business Challenges in the Changing Economic Landscape - Vol. 1

Author

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  • Monika Moraliyska

    (University of National and World Economy)

Abstract

The objective of the paper is to analyze how the region of Southeast Europe (SEE) performs in terms of natural gas supply and energy security, and how it completes the picture of Europe’s overall energy security. For that purpose the import dependence of energy resources (overall and in terms of natural gas) of the EU and SEE is analyzed. The possible solutions for energy diversification are presented in the light of the projected gas pipeline projects linking the European continent with the Caspian and Asia Minor regions, passing through SEE region. EU’s chances of obtaining energy security through self-sufficiency are low so new routes of gas pipelines are urgently needed. The region of SEE is even more problematic, as it is highly dependent on solid fuels and does not have the infrastructure to provide itself and to transit natural gas. On the other hand, it could be a part of the solution, as any energy diversification for Europe through the Caspian and Asia Minor is possible with transmission through SEE countries. The attraction of significant investments and the EU political will are crucial factors for the future energy security of the EU and its strategic energy and political influence in the region.

Suggested Citation

  • Monika Moraliyska, 2016. "The Region of Southeast Europe: The Island of Missing Gas Connectivity and Its European Implications," Eurasian Studies in Business and Economics, in: Mehmet Huseyin Bilgin & Hakan Danis & Ender Demir & Ugur Can (ed.), Business Challenges in the Changing Economic Landscape - Vol. 1, edition 1, pages 497-526, Springer.
    • Handle: RePEc:spr:eurchp:978-3-319-22596-8_36
    DOI: 10.1007/978-3-319-22596-8_36
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