IDEAS home Printed from https://ideas.repec.org/a/ris/invreg/0075.html
   My bibliography  Save this article

Russia and the energetic policy of the European Union

Author

Listed:
  • Sánchez Andrés, Antonio

    () (Universidad de Valencia)

Abstract

The problems for the Russian gas supply to the EU in 2006 and 2009 raised the question on the relationship between these areas. The EU includes Russia in its energy policy, but as a geopolitical risk. The ground of this view is the big volume of hydrocarbons that the EU imports form Russia that implies a dependency of the former. It is assumed that Russia can influence the prices, the quantities, as well as the capability for restructuring the European gas sector. Nevertheless, this view doesn’t consider the role of the gas in Russia and, in particular, the Russian gas export strategic value from the Russian view. This paper questions that Russia could use the gas export to EU as a political vector and, by the way, proposes the geopolitical risk to have a minor relevance. So in the European energy policy the geopolitical risk of Russia should lose importance and should increase the priority about the absence of investments in the Russian gas sector that can establish limits to the imports of Russian gas in the future.

Suggested Citation

  • Sánchez Andrés, Antonio, 2010. "Russia and the energetic policy of the European Union," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 17, pages 165-194.
  • Handle: RePEc:ris:invreg:0075
    as

    Download full text from publisher

    File URL: http://www.aecr.org/images/ImatgesArticles/2010/6/08_ANTONIO.pdf
    File Function: Full text
    Download Restriction: no

    More about this item

    Keywords

    Russia; European Union; energy; gas; trade; economic policy;

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels
    • P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:invreg:0075. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Julieta Llungo-Ortíz). General contact details of provider: http://edirc.repec.org/data/aecrrea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.