Lowering the Price of Russian Gas: A Challenge for European Energy Security

Author
Adnan Vatansever, David Koranyi
Content Type
Policy Brief
Institution
Atlantic Council
Abstract
Europe's energy discourse has been unjustifiably preoccupied with concerns about potential physical disruptions of Russian gas. Yet, the real challenge for European-Russian energy relations, and in fact, for European energy security, lies in settling on a price that leaves both sides content. While Europe will come under increasing pressure to acquire affordable energy resources to enhance its competitiveness, Gazprom may find it increasingly difficult to deliver gas at lower prices in the coming years.
Topic
Economics, Energy Policy, International Trade and Finance, Oil, Bilateral Relations
Political Geography
Russia, Europe