Energy Security in Central and Eastern Europe

Energy security is arguably one of the most widely discussed topics in today’s world in general and in Europe in particular. In fact, the European Union faces a mounting challenge as it has to cope with a growing dependency on Russian gas. Excessive dependency has always been a problem entailing a wide range of security risks. Indeed, these risks can take on many forms such as political pressure applied by a supplier, internal political instability of a supplier, interruption in the production of supplies due to technical difficulties or geopolitical consideration. Similarly, the same can very well be said about transit countries. (fragment)