Over the past decades Russia and Europe have established strong energy relationship that has created a situation of strong interdependence – the EU needs Russian energy resources to cover its energy needs, but Russia needs access to the EU market to be able to monetize its energy resources. It is often argued that a strong interdependence creates positive framework conditions for cooperation between various types of actors and lowers the possibility of conflict between them. However, this strong energy interdependence between Russia and the EU has not prevented the outbreak of war on the European continent.
In this new episode of The World Stage, Jarand Rystad, Jakub M. Godzimirski and Ulf Sverdrup take a closer look at European dependence of Russian gas and the possibilities that lies within Europe.
Read more here.