US-Russia Conflicts of Interests on the European Gas Market: Economic and Geopolitical Implications of the Crimea Crisis
Journal: RePEc: Research Papers in Economics
Year: 2014

In an attempt to reduce the influence of Russia as a main energy supplier to Europe, several members of the US Congress have increased pressure on the US government so as to urgently obtain permits to liberalize US exports of natural gas, mainly to Europe. Russia has recently cancelled an important gas price discount, previously granted to Ukraine, in order to exert pressures related to the situation in Crimea. This movement was a new attempt of Russia to exercise its "power" as a big energy exp