The Natural Gas War Between Europe and Russia After the Invasion of Ukraine

Mehmet Baha Karan (), Kazim Baris Atici (), Burak Pirgaip and Göktuğ Şahin ()
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Mehmet Baha Karan: Hacettepe University
Kazim Baris Atici: Hacettepe University
Göktuğ Şahin: Hacı Bayram Veli University

A chapter in The ESG Framework and the Energy Industry, 2024, pp 61-84 from Springer

Abstract: Abstract This study aims to explain and evaluate the Euro-Russian natural gas war, which started after the Russian attack on Ukraine in 2022, within the scope of the energy policies of both sides before and after the war. This study evaluates short-term and medium-term measures of Europe and Russia. In addition, a SWOT analysis is made, both sides’ strengths and weaknesses are discussed, and their opportunities and threats are explained. As a result, it is revealed that both sides will suffer from the gas war. However, in the medium term, Europe's developing LNG market and renewable resources may emerge stronger from this war. Still, Russia, which has lost its political and economic power over Europe, will suffer more.

Keywords: Natural gas; Trade; Ukrainian war; Europe; Russia (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-48457-5_5

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DOI: 10.1007/978-3-031-48457-5_5

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