Skip main navigation

New offer! Get 30% off your first 2 months of Unlimited Monthly. Start your subscription for just £35.99 £24.99. New subscribers only T&Cs apply

Find out more

Russia-EU energy relations

Russia-EU energy relations
14.8
The impacts of the US shale gas boom can already be felt in Europe, for example via the price drop of coal and increased possibilities to import LNG. Could this lead to the reduction in Russian exports to Europe? What are Russian strategies to maintain energy dominance in Europe in the face of potential US LNG exports? Could European countries extract their own shale gas resources, thereby reducing Russian imports?

Russia is – and will remain – the EU’s major supplier for oil, natural gas and coal at least for the next decade.

Recent gas and oil contracts with China will gradually allow Russia to diversify its energy portfolio and decrease its dependency on the European market.

The sanctions will most likely reinforce this trend.

This article is from the free online

Global Resource Politics: the Past, Present and Future of Oil, Gas and Shale

Created by
FutureLearn - Learning For Life

Reach your personal and professional goals

Unlock access to hundreds of expert online courses and degrees from top universities and educators to gain accredited qualifications and professional CV-building certificates.

Join over 18 million learners to launch, switch or build upon your career, all at your own pace, across a wide range of topic areas.

Start Learning now