The Hunt for the Gas El Dorado
Article from: OGEL 3 (2008), in Eurasian Energy
Abstract
Over the past ten years the issue of energy security[1] of major economies, in particular the European Union, has occupied the minds of politicians and lawmakers around the world. For Europe, measures to decrease its oil and gas dependence on a limited number of energy suppliers resulted in a search for alternative exporters and export routes to maintain the European energy security. The economic data shows that the EU`s dependence on gas imports from the Commonwealth of Independent States (CIS) and especially Russia will steadily increase by 2020. Therefore, one issue of energy ...