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The Natural Gas War Between Europe and Russia After the Invasion of Ukraine

In: The ESG Framework and the Energy Industry

Author

Listed:
  • Mehmet Baha Karan

    (Hacettepe University)

  • Kazim Baris Atici

    (Hacettepe University)

  • Burak Pirgaip

    (Hacettepe University)

  • Göktuğ Şahin

    (Hacı Bayram Veli University)

Abstract

This study aims to explain and evaluate the Euro-Russian natural gas war, which started after the Russian attack on Ukraine in 2022, within the scope of the energy policies of both sides before and after the war. This study evaluates short-term and medium-term measures of Europe and Russia. In addition, a SWOT analysis is made, both sides’ strengths and weaknesses are discussed, and their opportunities and threats are explained. As a result, it is revealed that both sides will suffer from the gas war. However, in the medium term, Europe's developing LNG market and renewable resources may emerge stronger from this war. Still, Russia, which has lost its political and economic power over Europe, will suffer more.

Suggested Citation

  • Mehmet Baha Karan & Kazim Baris Atici & Burak Pirgaip & Göktuğ Şahin, 2024. "The Natural Gas War Between Europe and Russia After the Invasion of Ukraine," Springer Books, in: James Thewissen & Özgür Arslan-Ayaydin & Wim Westerman & André Dorsman (ed.), The ESG Framework and the Energy Industry, pages 61-84, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-48457-5_5
    DOI: 10.1007/978-3-031-48457-5_5
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