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Geopolitics of European natural gas demand: Supplies from Russia, Caspian and the Middle East

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  • Bilgin, Mert
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    Abstract

    This paper addresses issues of natural gas which raise questions about European energy security. It first focuses on the rising gas demand of the EU27 and elaborates alleged risks of dependence on Russia such as Gazprom's disagreement with Ukraine, which became an international gas crisis in January 2006 and also more recently in January 2009. Incentives and barriers of Europe's further cooperation with selected Caspian (Azerbaijan, Kazakhstan and Turkmenistan) and Middle Eastern (Iran, Iraq and Egypt) countries are discussed. Supplies from Caspian are analyzed with a particular focus on Russia's role and the vested interests in the region. Supplies from the Middle East are elaborated with regard to Iran's huge and Iraq's emerging potentials in terms of natural gas reserves and foreign direct investments in the energy sector. The geopolitical analysis leads to a conclusion that the best strategy, and what seems more likely, for the EU is to include at least two countries from Azerbaijan, Turkmenistan, Iran and Iraq within its natural gas supply system.

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    Bibliographic Info

    Article provided by Elsevier in its journal Energy Policy.

    Volume (Year): 37 (2009)
    Issue (Month): 11 (November)
    Pages: 4482-4492

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    Handle: RePEc:eee:enepol:v:37:y:2009:i:11:p:4482-4492

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    Web page: http://www.elsevier.com/locate/enpol

    Related research

    Keywords: EU energy security Caspian Middle East;

    References

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    1. Remme, Uwe & Blesl, Markus & Fahl, Ulrich, 2008. "Future European gas supply in the resource triangle of the Former Soviet Union, the Middle East and Northern Africa," Energy Policy, Elsevier, vol. 36(5), pages 1622-1641, May.
    2. Pandian, S., 2005. "The political economy of trans-Pakistan gas pipeline project: assessing the political and economic risks for India," Energy Policy, Elsevier, vol. 33(5), pages 659-670, March.
    3. Bahgat, G., 2005. "Energy partnership: Israel and the Persian Gulf," Energy Policy, Elsevier, vol. 33(5), pages 671-677, March.
    4. Finon, Dominique & Locatelli, Catherine, 2008. "Russian and European gas interdependence: Could contractual trade channel geopolitics?," Energy Policy, Elsevier, vol. 36(1), pages 423-442, January.
    5. Verma, Shiv Kumar, 2007. "Energy geopolitics and Iran-Pakistan-India gas pipeline," Energy Policy, Elsevier, vol. 35(6), pages 3280-3301, June.
    6. Lise, Wietze & Hobbs, Benjamin F. & van Oostvoorn, Frits, 2008. "Natural gas corridors between the EU and its main suppliers: Simulation results with the dynamic GASTALE model," Energy Policy, Elsevier, vol. 36(6), pages 1890-1906, June.
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    Cited by:
    1. Cobanli, Onur, 2014. "Central Asian gas in Eurasian power game," Energy Policy, Elsevier, vol. 68(C), pages 348-370.
    2. Zaifu Yang & Rong Zhang & Zongyi Zhang, 2013. "Revisiting Jansen et al.’s Modiï¬ed Cournot Model of the European Union Natural Gas Market," Discussion Papers 13/12, Department of Economics, University of York.

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