A common energy market in the Eurasian Economic Union: implications for the European Union and energy relations with Russia
Journal: Social Science Open Access Repository (GESIS – Leibniz Institute for the Social Sciences)
Year: 2016

To the east of the European Union a regional energy market is taking shape under the auspices of the Eurasian Economic Union (EEU). Even if the interests of the participating states diverge and the ultimate shape of the market remains unclear, the development is likely to be substantial. On the one hand, it threatens to deepen the fragmentation of energy markets in Europe and Asia, on the other the process could generate new opportunities for cooperation and larger spheres of integration. It is