It is the European Commission’s competition arm, not European leaders, that is behind Gazprom’s waning hold on Europe’s energy sector.
Andriy Kobolyev, the CEO of Naftogaz, wants to integrate Ukraine’s energy sector into the EU. That, he believes, would end Gazprom’s political grip over his country.
Every week, a selection of leading experts answer a new question from Judy Dempsey on the foreign and security policy challenges shaping Europe’s role in the world.
The world’s energy system looks very different today than in the fifty years following the second World War.
The European Union has an opportunity to increase diversification, transparency, and security across the energy sector. It should seize that chance.
Ukraine’s state-owned energy giant is a source of corruption that oligarchs and Russia can exploit. The EU should consider becoming a major stakeholder in the network.
The EU needs not merely to reassess its energy policies toward Russia but also to link these different strands of energy security together to fashion a fully strategic approach.
The United States and the EU are negotiating a transatlantic trade deal that could be difficult to multilateralize. Third countries should engage now to avoid that danger later.
What Europe needs is energy security. To achieve that, Europe must reduce its dependence on Russia. And that means finding non-Russian gas.
Expectations for the U.S.-EU free trade agreement are dangerously high. Reaching a deal is likely to take longer and produce smaller gains than optimistic figures suggest.