European Law and Regulation of Energy Security and Natural Gas Flows in the Light of Current Challenges
European Law and Regulation of Energy Security and Natural Gas Flows in the Light of Current Challenges
Author(s): Mykola DobyshSubject(s): International Law, EU-Legislation
Published by: Univerzita Palackého v Olomouci
Keywords: Nord Stream 2;EUGAL;energy security;energy strategy;Russia’s energy geopolitics;
Summary/Abstract: Russia’s plan to build Nord Stream 2 pipeline before the end of 2019 as well as the construction of EUGAL, TurkStream and its continuations to Bulgaria and Greece aim to weaken Ukrainian economy, make Eastern and Central Europe more vulnerable, and disrupt the EU solidarity and Transatlantic strategic cooperation. Despite commercial gains for Germany, this project together with EUGAL undermines principles of subsidiarity and solidarity in the EU. Geopolitical implications of Russian natural gas trade politics require stronger legislation and energy market regulations in the EU. It could be done in the framework of the existing Third Energy Package and Gas Directive or with a new agreement with Russia and Ukraine.
Journal: European Studies - the Review of European Law, Economics and Politics
- Issue Year: 5/2018
- Issue No: 1
- Page Range: 264-268
- Page Count: 5
- Language: English