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