FOUR LESSONS FOR EU
Diversification of gas supply has been a strategic priority for the European Union since its dependence on imports began to grow in the early 2000s. The crisis in Ukraine has heightened concerns that the flow of Russian gas passing through this country may be interrupted and has reignited calls for dependency on Russian gas to be reduced. As a new European Commission takes over energy policy in Brussels, it is worth examining the lessons the EU ought to learn from the Southern Gas Corridor project, which for a decade was seen as key to enhancing energy security.
As late as 2013, the Southern Gas Corridor was regarded, at least by the EU commission, as synonymous with the Nabucco…
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