Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/253161 
Year of Publication: 
2015
Series/Report no.: 
SWP Research Paper No. RP 8/2015
Publisher: 
Stiftung Wissenschaft und Politik (SWP), Berlin
Abstract: 
The analysis of Russian energy policies after the political crisis in and around Ukraine offers important insights with respect to the economic and geopolitical repercussions. The structural changes made in the Russian energy sector have been significant and include both internal and external dimensions. The Russian energy sector is under stress and has to adapt to low oil and gas prices, economic sanctions and increasing competition on international energy markets. Against the background of this turbulence on the energy markets, Russian energy companies are pursuing various strategies: a shift to Asia and asset swaps with Chinese and Indian companies, stronger integration within the Eurasian Union and changing strategies on the European energy markets. The structural changes have been reinforced by recent geopolitical developments, which have led to the deterioration of EU-Russia energy relations and the securitisation of energy questions. However, despite immediate intentions to diversify away from one another, the EU and Russia will remain dependent on each other in the gas and oil sectors at least for the next 10 years. The current study provides insights into current changes in the Russian gas, oil and electricity sectors, highlights potential implications for the European energy market, considers the current status of EU-Russia energy relations and presents some recommendations for further bilateral cooperation and energy dialogue. (SWP Research Paper)
Subjects: 
Russische Föderation
Russian Federation
Gazprom (Moskva)
Open Joint Stock Company Gazprom
Document Type: 
Research Report

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