Russia's Changing Gas Relationship with Europe

Russia's Changing Gas Relationship with Europe

Author(s): James Henderson
Editor(s): Stephen Aris, Matthias Neumann, Robert Orttung, Jeronim Perovic, Heiko Pleines, Hans-Henning Schröder, Aglaya Snetkov
Series: Russian Analytical Digest (RAD)
Issue: 163
Pages: 2-6
Publisher(s): Center for Security Studies (CSS), ETH Zurich; Research Centre for East European Studies, University of Bremen; Institute for European, Russian and Eurasian Studies, George Washington University
Publication Year: 2015

Russia's decision to cancel construction of the South Stream pipeline to Europe reflects a change in strategy toward its western customers. This change has been long in the making as Europe has sought to reduce its gas demand and diversify sources of supply away from Russia. Looking forward, Europe may indeed seek to import more Russian gas in the future, but then Russia may be in a stronger position since it will also be selling gas to Asian customers, particularly China.
JavaScript has been disabled in your browser