At the same time russia makes it very difficult for

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Unformatted text preview: Russia by 150% by 2030.57 IEA data show that investments for maintaining energy infrastructure in Russia will constitute USD 1 trillion by 2030.58 Since the EU is dependent on Russian energy, it will have to take this development into consideration as well. A European security strategy would seek to include other suppliers, such as North Africa, the Middle East and the Caspian region. Cooperation between Russia and the EU is regulated under the Partnership and Cooperation Agreement of 1997. In 2000, the EU launched an Energy Dialogue with Russia. It is in the interest of the EU to have good relations with Russia, which is not always easy. Russia is very strategic in every action it takes. Gazprom, for example, is looking for direct access to customers in the EU in order to increase its market share from 26% to 38% by 2020. At the same time, Russia makes it very difficult for foreign companies to invest in its own country, e.g., the tax claim on 57 58 Available on: <www.worldenergyoutlook.org/>, 2008. IEA Country Report – Russia. Available on: <www.iea.org/textbase/country/n_country.asp?COUNTRY_CODE=RU>. 48 © Ifri F. Harbo...
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