ENERGY STRATEGY OF RUSSIA AND ITS IMPACT ON EUROPE

Abstract

This article explains the energy strategy of Russia and
its impact on Europe. The disintegration of the USSR
resulted in a weak military and defense industry which
is fundamentally critical for regaining the status of
global super power. To substitute the weak defense
industry, energy sector was the alternate option that
could ensure collecting enough revenue to finance the
country achieve regional and then global dominance.
The monopoly of the state over production and
distribution of its natural resources providing energy
helped Russia dominate the region and the regional
policies pertaining to energy. The significant gas
pipelines between Russia and European Union passes
through countries previously part of the Russia that
makes the country intensely reliant on these states as
energy transportation arbitrators. To guarantee a
consistent energy supply and diminish Russia's
dependence on travel nations, Russia is looking for
alternative approaches to expand the gas supply lines
entering into the European Union. The federation is
prepared to take any steps that could result in
bypassing these states and provide energy directly to
Europe. The monopolistic control of Russia on gas
supplies to Europe could help achieve regional
dominance. Compromising a chance of unexpected
energy disturbance and cost dictation can be a
productive apparatus of state power to accomplish
Russia's political targets.