1. Turkish-Iranian Rapprochement and the Future of European and Asian Energy
- Author:
- Pinar Dost-Niyego and Orhan Taner
- Publication Date:
- 04-2014
- Content Type:
- Policy Brief
- Institution:
- Atlantic Council
- Abstract:
- The recent events in Ukraine have revived the question of European dependence on Russian natural gas. The security of Europe's natural gas supply has been a consistently important issue in Russian-European Union (EU) relations. Russia provided 34 percent of EU gas in 2012, and Russian policies can have a direct impact on EU supplies. After the West-Russian confrontation over Ukraine, a lot has been said about the 'US shale gas revolution' and the possibilities of the United States becoming an energy exporter for future European energy needs. Although US energy independence seems to promise new perspectives for future European energy security, as well as for the balance of power in the Middle East, this is not for this decade. We cannot expect that the European Union would be able to cut off all of its energy relations with Russia, but we can foresee–or at least agree–that the European Union should diversify its natural gas supplies.
- Topic:
- Security, Foreign Policy, Economics, and Energy Policy
- Political Geography:
- Russia, United States, Europe, Ukraine, Middle East, and Asia