Energy Strategy of Russia and its Impact on Europe
Abstract
This article explains the energy strategy of Russia and its effect on Europe. The disintegration of the USSR left Russia without proficient military power and with a weak defense industry that is fundamentally critical to support its reemerged superpower desire. This hindrance could be overwhelmed by subbing military power with the monetary one through domination as the main energy provider. Foundation of legislative authority over the energy part turned into a key component of the Russian policy that would change the energy assets into the tool of the state's power.
All significant energy-transportation courses between Russian energy providers and European buyers are in control of the previous Soviet nations. Russia has gotten intensely dependent on these nations as energy transit arbitrators. To guarantee a consistent supply of the energy and to diminish Russia's dependence on the travel nations, Russia is looking for approaches to expand energy-transportation courses to Europe. Russia is eager to pay a higher expense for a difficult development of new pipelines that sidestep mediators. The foundation of Russian monopolistic command over energy supply to Europe may be changed into a local political predominance. Compromising the chance of unexpected energy disturbance and cost control could turn into a productive apparatus of state power to accomplish Russia's political targets.
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