European Energy Security
Article from: OGEL 2 (2004), in Energy Union, EU Energy
Introduction
Europe relies upon energy imported from regions on its periphery, especially from Russia, North Africa, the Caspian and the Middle East. The degree of this reliance will increase in coming decades. This trend of rising energy imports from countries on the European periphery has important security implications. Energy dependence will compel the European Union to pay close attention to political and economic developments in the countries of the periphery. While this import dependence is growing, the European Union is seeking to liberalise internal energy markets. The liberalisation process ...