Expansion of Gazprom into Europe. Where is the Threat?
Expansion of Gazprom into Europe. Where is the Threat?
Author(s): Michal Roškanin
Subject(s): Energy and Environmental Studies, Environmental and Energy policy
Published by: AMO – Asociace pro mezinárodní otázky
Keywords: Gazprom; Gazexport; Russian energy supply to Europe;
Summary/Abstract: European countries fear Russian gas monopoly Gazprom. State controlled company is spreading ist influence in countries of the European Union. Russia wants to control every stage of gas business, from extraction of natural gas to its transport and, most importantly, its distribution to European customers. Until recently, Gazprom did not succeed in entering on most of European countries’ gas markets but the situation has changed radically since 2006. Since then, Gazprom’s endeavour turned out to be fruitful many times. Therefore, through subsidiaries, joint ventures or company stakes, Gazprom is now active in 18 out of the 27 EU countries. This number might shock some people but it is not only figure which strikes the eye. In the continent, Gazprom is present by 100% owned subsidiary Gazprom export, whose name was Gazexport until November 2006. Gazprom export is the greatest supplier of natural gas to Europe – it supplies gas to 22 European countries and its share in supply of gas to Europe is reaching 26%. Moreover, the amount of gas imported to the EU from Russia is growing continuously.
Series: AMO Asociace pro mezinárodní otázky — RESEARCH PAPERS
- Page Count: 22
- Publication Year: 2008
- Language: Estonian
- Content File-PDF
