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ENERGY POLICIES AND STRATEGIES
RUSSIA’S THREAT TO EUROPE’S ENERGY SECURITY
Janusz Bugajski, Bucharest, 3-5 April 2006
Romanian Energy Program, Phase III (REP3)
GEO-STRATEGIC CONTEXT
• Energy Demand Rising
• Limits on Diversification
• Energy Dependence
and Vulnerability
EUROPE’S ENERGY DEPENDENCE
• CEE Dependence on Russian Energy
• Growing EU Dependence
RUSSIA’S STRATEGIC OBJECTIVES
• Primary Influence over CEE
Foreign and Security Policy
• Gaining Economic Predominance
• Converting Energy into Political Influence
• Limiting Western Enlargement
• Rebuilding Global Status
• Re-Establishing Multi-Polarity
RUSSIA’S GEO-ENERGY POLITICS
• Russia as Energy Superpower
• Developing Monopolies
• Supplier Diversification
• Extra-Territorial Interests
• Purchasing Infrastructure
EUROPE’S ENERGY SECURITY
• Common EU Energy Policy
• Energy Security Pact
• Direct Energy Sources
• Assisting Transit States
• Controlling Strategic Assets
• Using Economic Leverage
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