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US-Russia policy hits European energy supply: the consequences of unilateral sanctions and growing market competition
US-Russland-Politik trifft europäische Energieversorgung: die Folgen unilateraler Sanktionen und wachsender Marktkonkurrenz
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Stiftung Wissenschaft und Politik -SWP- Deutsches Institut für Internationale Politik und Sicherheit
Abstract Triggered by Russia's annexation of Crimea and military intervention in Ukraine in early 2014, the governments of the United States (US) and the Russian Federation have since been locked in a geopolitical confrontation, which is largely playing out on the economic stage. In addition to unilateral ec... view more
Triggered by Russia's annexation of Crimea and military intervention in Ukraine in early 2014, the governments of the United States (US) and the Russian Federation have since been locked in a geopolitical confrontation, which is largely playing out on the economic stage. In addition to unilateral economic sanctions, the US government is focussing on the export of liquefied natural gas (LNG). In doing so, it wants to reduce not only Russian state revenues, but also European dependence on Russian energy imports. In this context, the US policy is aimed squarely at the German federal government, which was described by President Donald J. Trump as a "prisoner of Russia". The more the European-Russian energy trade is drawn into the conflict between Washington and Moscow, the more serious the consequences are likely to be for European energy supply. (Autorenreferat)... view less
Keywords
EU; foreign policy; energy supply; international trade policy; foreign trade; Russia; transportation; United States of America; pressure-group politics; energy policy; sanction; conflict; law of nations; energy industry; international economics
Classification
Special areas of Departmental Policy
International Relations, International Politics, Foreign Affairs, Development Policy
Document language
English
Publication Year
2019
City
Berlin
Page/Pages
8 p.
Series
SWP Comment, 6/2019
DOI
https://doi.org/10.18449/2019C06
ISSN
1861-1761
Status
Published Version; reviewed
Licence
Deposit Licence - No Redistribution, No Modifications