Related Articles
Forward article link
Share PDF with colleagues

Has Europe cracked its energy-security problem?

The panic of previous years has abated, but the EU can still do more to help itself

A DECADE ago, energy security was – or seemed, in the context of energy-price inflation, bristling geopolitics and the tenacity of peak-oil theorists – an emergency. The tense, standoffish relationship between the energy-deficient EU and its main natural gas supplier, Russia, matched the Malthusian mood: commercial disputes between Russian gas monopoly Gazprom and Naftogaz, its Ukrainian counterpart, led to interruptions in Russian gas flows to Ukraine in 2006 and 2009. They happened in January, too, the coldest time of year. Both times, European customers suffered. The oil sector saw trouble too: during a pricing dispute between Russia and Belarus in 2007 – also in January – Russia stoppe

Also in this section
Saudi Arabia gets a new next king
21 June 2017
Mohammed bin Salman will have a free hand as the next Saudi king but faces formidable domestic and regional hurdles. Oil policy is one
Arab oil states: the devil's in Opec's data
20 June 2017
The group's latest figures show Gulf oil states' earnings have plummeted, while the region's population keeps rising
Eastern Libya tries to wrest control of oil supply again
15 June 2017
NOC output growth plans threatened by renewed dispute