Как руските енергийни ресурси станаха токсични за Европейския съюз – причини и последици
How Russian Energy Resources Have Become Toxic to the European Union – Causes and Consequences

Author(s): Plamen Dimitrov
Subject(s): Politics / Political Sciences, Politics, History, Economy, Supranational / Global Economy, Business Economy / Management, Special Historiographies:, Environmental and Energy policy, International relations/trade, Security and defense, EU-Accession / EU-DEvelopment, Geopolitics, Peace and Conflict Studies, Russian Aggression against Ukraine
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: geoeconomics; economic sanctions; energy security; oil market; gas market
Summary/Abstract: This article explains why Russia's military aggression against Ukraine has made Russian energy resources toxic to the European Union in terms of security, geopolitics and morale. EU sanctions against coal, oil and oil products from Russia and their outcome are discussed. It is explained why the collapse of gas supplies from "Gazprom" to the EU countries has happened at the initiative of the Kremlin, and not because of sanctions. The consequences of the energy "disconnection" between the EU and Russia have been traced – both on the energy markets in Europe and on the revenues in the Russian state budget. It was concluded that the pushing of Russian oil and gas out of the EU markets is an irreversible process with long-term consequences.

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