The Strategic Dimension of Russian Energy Towards the European Union
DOI:
https://doi.org/10.59670/ml.v20iS4.3901Abstract
This study explores the importance of utilizing existing resources to enhance the political influence of states in pursuing their essential goals and interests within the context of modern international policy. This study explores the important role that oil and natural gas play in the economies of different countries, both as producers and consumers. These resources are extremely important because they have a significant impact on economic activities. Russia, as a prominent global power, holds substantial energy reserves, which solidifies its significance on the world stage. This study analyzes the influence of President Vladimir Putin's leadership since 2000 on how Russian leaders have used energy as a crucial component in their strategic approach towards the European Union. The European Union relies heavily on imported primary energy sources, which plays a significant role in Russia's strategy. On the other hand, this research focuses on Russia's energy strategy and its goal to maximize profits and regain its position as a major player in global energy markets, going beyond its current role as a simple energy resource exporter. The purpose of this study is to analyze the different types of Russian energy projects and their significance in the exportation of energy to European countries. The analysis primarily examines the expansion of these projects into non-conventional forms of energy production.
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