EU-Russia Energy relations in the 21st Century
EU-Russia Energy relations in the 21st Century

Summary/Abstract: This paper tries to portray the energy relations between the European Unionand Russia, which are characterized by the recognition ofmutual and jointinterests in the fields of energy and the economy. This part of EU-Russiadiplomatic relations is based on the principle of interdependency, whichties the two subjects into close cooperation and thus complements theirotherwise turbulent relationship. The interests for which these relations aremaintained are of high value to both parties and prove that EU-Russiacooperation is possible and sustainable, although with an uncertain future,having in mind other diplomatic concerns and current ongoing events inUkraine in overall EU-Russia relations. Although far from ideal and filledwith controversies and tensions, this sphere of diplomatic relations is veryimportant and has large economic and political implications. This paper willgive a brief overview of the events leading up to the existing controversiesover Nord Stream 2, as well as the future implications and predictions ofpossible consequences regarding further energy relations between Russiaand the EU.

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