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—on with the lid
23 January 2018
The kingdom will experience austerity and social reform, and clamp down on corruption and dissent
Watershed year in Asia
22 January 2018
Nuclear sabre-rattling shook Asia's security foundations, but 2017 heralded breakthroughs for EVs and LNG
Trump's America
22 January 2018
A new president brought change on the regulatory front while tight oil rose again