Russia’s natural gas policy is at a watershed moment. It still sells most of its gas to Europe, but a slump in demand and accelerated European Union diversification efforts in the wake of Russia’s annexation of Crimea have pushed Moscow to accelerate its quest for market access in the East. Demand there is strong, but Russia does not have the infrastructure to expand rapidly.
Russia can’t make a clear-cut choice between East and West, though, Wikistrat argues in this report. It must hold onto its European market share and is ultimately willing to comply with legislation — but it won’t do so without putting up a fight.
Click here or on the cover image to download the report.
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