TY - JOUR
T1 - The EU and Russia as energy trading partners
T2 - Friends or foes?
AU - Leal-Arcas, Rafael
N1 - Funding Information:
To this end, the EU offered in September 2008 financial and political support for a EUR15 billion trans-Saharan pipeline to carry natural gas from Nigeria to European markets.62The planned 4,300 km pipeline would stretch across Nigeria, Niger, and Algeria, where gas would be shipped to Spain and Italy.63A week before the EU’s offer for the trans-Saharan project, Gazprom, the Russian energy giant, signed a memorandum of understanding with the Nigerian National Petroleum Corporation in Moscow to cooperate on gas exploration, production, and transportation.64The simultaneous moves by Brussels and Moscow illustrate the scramble for natural resources as continued growth in the global economy fuels ever-increasing demand for energy.65
Publisher Copyright:
© 2009 Kluwer Law International BV.
PY - 2009
Y1 - 2009
N2 - This paper examines the potential of a trade partnership of the EC with Russia. In doing so, it emphasizes the interaction between politics and international economic law and policy from an empirical perspective. It argues that the EC's objective of engaging with Russia on trade matters is to establish peace, security, and prosperity in the twenty-first century, and looks at Russia's rise as an energy power, analysing its control of supplies and delivery systems and its investments in energy infrastructure across the EU, as well as questions about the potential of its production. The paper also examines the EU's difficulties in forging a common policy on energy supply and recommends a strategy of both integration and diversification, arguing that the EU seek new sources of energy from non-Russian suppliers. The paper concludes with some recommendations on how the EU and Russia should move forward in the energy field.
AB - This paper examines the potential of a trade partnership of the EC with Russia. In doing so, it emphasizes the interaction between politics and international economic law and policy from an empirical perspective. It argues that the EC's objective of engaging with Russia on trade matters is to establish peace, security, and prosperity in the twenty-first century, and looks at Russia's rise as an energy power, analysing its control of supplies and delivery systems and its investments in energy infrastructure across the EU, as well as questions about the potential of its production. The paper also examines the EU's difficulties in forging a common policy on energy supply and recommends a strategy of both integration and diversification, arguing that the EU seek new sources of energy from non-Russian suppliers. The paper concludes with some recommendations on how the EU and Russia should move forward in the energy field.
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M3 - Article
AN - SCOPUS:85048941303
SN - 1384-6299
VL - 14
SP - 337
EP - 366
JO - European Foreign Affairs Review
JF - European Foreign Affairs Review
IS - 3
ER -