Source: IEMed Mediterranean Yearbook 2019
Since Russian President Vladimir Putin has been in power in Moscow, oil and gas have been an integral part of Russia’s strategy to regain influence on the world stage. Mastering gas supplies to the European Union and thwarting EU diversification efforts have long been key components of this strategy.
Other policy elements have gained importance over the years, such as setting foot in the Middle East and North African (MENA) region and catering for new customers such as China. In addition, in the medium term, the surge of the United States as a major liquefied natural gas (LNG) supplier to the EU will create a new challenge for Moscow.Read Full Text
This article was originally published in the IEMed Mediterranean Yearbook 2019.
