Columbia International Affairs Online: Policy Briefs

CIAO DATE: 08/2014

Lowering the Price of Russian Gas: A Challenge for European Energy Security

Adnan Vatansever, David Koranyi

March 2013

Atlantic Council


Europe’s energy security discourse has been traditionally preoccupied with concerns about potential physical disruption of Russian gas. Fixation over the possibility of a physical disruption misses the point and misreads current European gas market realities. The real challenge for European-Russian energy relations, and in fact, for European energy security, lies in settling on a price that leaves both sides content.