Revitalizing the Southern Gas Corridor to Counter the Russian Energy Threat
The Ukraine crisis has once again trumpeted European vulnerability brought by over-dependence on Russian gas. Russian aggression, added to its gas supply posturing and actions more akin to blackmail than trade, demonstrate that it cannot be considered a reliable partner in developing mutual energy security. Indeed, at their meeting in late March 2014, European leaders concluded that efforts to reduce Europe's high gas energy dependency rates should be intensified and asked the European Commission to propose by this June a comprehensive plan for growing EU energy independence. Yet already running along Russia's soft underbelly is one of Europe's best options for natural gas diversification: the Southern Corridor.
David Koranyi is the acting director of the Dinu Patriciu Eurasia Center of the Atlantic Council. Neil Brown is nonresident fellow at the German Marshall Fund and a founding member of the Board of Directors of The Lugar Center.
The Trans-Atlantic Energy Action Project is funded in part by the European Union. Learn more here.