The EU’s external energy policy and the neighbouring suppliers Azerbaijan and Algeria: Is the pipeline half full or half empty?
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Bernd Weber, « The EU’s external energy policy and the neighbouring suppliers Azerbaijan and Algeria: Is the pipeline half full or half empty? », Archive ouverte de Sciences Po (SPIRE), ID : 10670/1.mdvjsl
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Résumé
“Safety and Security lie in variety and variety alone.” After 80 years, Churchill’s principle that energy security requires diversification is still applicable and holds particularly true with regard to Europe’s gas supply security.Overall, the EU’s import dependence on gas is supposed to increase to more than 80% by 2035, in the light of dwindling conventional production and absence of substantial shale gas extraction in Europe. At the same time, political and economic uncertainties with regard to the future of Russo-Ukrainian relations and repeated gas conflicts between Europe’s main supplier and the major transit state highlight the importance of alternatives...