ROLE OF THE CASPIAN REGION WITHIN THE CONTEXT OF ENERGY SECURITY Cover Image

ROLE OF THE CASPIAN REGION WITHIN THE CONTEXT OF ENERGY SECURITY
ROLE OF THE CASPIAN REGION WITHIN THE CONTEXT OF ENERGY SECURITY

Author(s): Ferhan Oral
Subject(s): Supranational / Global Economy, Energy and Environmental Studies, Economic policy, Environmental and Energy policy, Socio-Economic Research, Geopolitics, Russian Aggression against Ukraine
Published by: Mehmet Seyfettin Erol
Keywords: Caspian; Energy Security; EU; Russia; Türkiye;

Summary/Abstract: Europe’s dependency on energy resources—after the Russia–Ukraine war—has made the Caspian region a geographical area where regional and global actors particularly focus on. The Caspian region acts like a bridge between Central Asia and Europe while contributing to the stability and prosperity of the region. The EU’s struggle to diversify its energy supplies and to overcome Russia’s hegemony has forced them to benefit from resources in the Caspian region. Although energy security for the EU means stable flow of energy, for the Caspian states it means stable energy revenues. Türkiye, as a transit country has a key role in transferring resources in the region to Europe.

  • Issue Year: 6/2022
  • Issue No: 2
  • Page Range: 419-439
  • Page Count: 21
  • Language: English