№220. Europe’s Gas Supply Security: Rating Source Country Risk
№220. Europe’s Gas Supply Security: Rating Source Country Risk

Author(s): Henry François-Loïc
Subject(s): Energy and Environmental Studies, Environmental and Energy policy, International relations/trade, Financial Markets, Geopolitics
Published by: CEPS Centre for European Policy Studies
Keywords: Europe; Gas supply security; Natural gas resources; Central Asian question; Russia-Ukraine; global gas market;
Summary/Abstract: Europe is surrounded by abundant natural gas resources; physical availability is not in question. Beyond each EU country’s own supply vulnerability issues, the actual availability of supply in source countries might be hindered by their production policies, transit issues, or domestic or international conflicts. Geopolitical risks to future gas supplies from source countries to the EU exist both in theory and inreality, but basically two major types of risks need to be taken into account: source risks and transit risks.

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