More documents from Gusev, Alexander; Westphal, Kirsten

Export to your Reference Manger

Please Copy & Paste



Bookmark and Share

Russian energy policies revisited: assessing the impact of the crisis in Ukraine on Russian energy policies and specifying the implications for German and EU energy policies

[working paper]

Gusev, Alexander; Westphal, Kirsten

fulltextDownloadDownload full text

(1161 KByte)

Citation Suggestion

Please use the following Persistent Identifier (PID) to cite this document:

Further Details
Corporate Editor Stiftung Wissenschaft und Politik -SWP- Deutsches Institut für Internationale Politik und Sicherheit
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." (author's abstract)
Keywords Russia; energy policy; Federal Republic of Germany; EU; international economic relations; bilateral relations; economic cooperation; energy industry; natural gas; crude oil; basic industry; electricity; energy supply; political crisis; Ukraine; impact; geopolitics; state capitalism
Classification International Relations, International Politics, Foreign Affairs, Development Policy; Special areas of Departmental Policy; Economic Sectors
Document language English
Publication Year 2015
City Berlin
Page/Pages 54 p.
Series SWP Research Paper, 8/2015
ISSN 1863-1053
Status Published Version; reviewed
Licence Deposit Licence - No Redistribution, No Modifications