Guaranteeing Energy Supplies

Alexandru Manole, Valentin Bichir, Dumitru Alexandru Bodislav, Georgeta BARDASU (lixandru) and Andreea Gabriela Baltac
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Alexandru Manole: „Artifex” University of Bucharest
Valentin Bichir: Academy of Economic Studies, Bucharest
Georgeta BARDASU (lixandru): Academy of Economic Studies, Bucharest
Andreea Gabriela Baltac: Academy of Economic Studies, Bucharest

Romanian Statistical Review Supplement, 2013, vol. 61, issue 2, 30-34

Abstract: Pipelines that carry much of the world’s oil and gas snake through the depths of the Black Sea, the frigid waters of the Russian Arctic and cross some of the world’s most dangerous conflict zones. The value of these pipelines, oil and gas installations, and nuclear power plants makes them attractive targets for hackers, pirates and extremists. An attack on critical energy infrastructure could have a substantial effect, not just on the health, safety and security of surrounding communities, but on the world economy. Protecting energy resources is particularly important as Europeans become more dependent on imported oil and gas and generate much of their electricity from nuclear energy. Energy infrastructure is uniquely border transparent, and cooperation to ensure European energy security is vital.

Keywords: energy; infrastructure; stakeholder; pipeline; shipping (search for similar items in EconPapers)
JEL-codes: N70 O13 Q40 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:rsr:supplm:v:61:y:2013:i:2:p:30-34

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