Europe is facing various complex challenges out of which the requirement for affordable and sustainable supply of energy in the long term is an important one. It is a common interest for all European Union members to import uninterrupted energy supply from nearest exporters. The lack of an integrated strategy in Europe increases import dependency for energy that paves way for an economic and political vulnerability in the future.
Energy nationalism is a new trend emerging from some of the leading producers of gas and oil. The dispute between Ukraine and Russia over the disagreement of gas price evolved into a conflict based on political factors with the ambition of the Russian government to list energy supplies underprivileged interests in the post-Soviet region.
The effort of Russia, Qatar, and Iran is an attempt to formulate a cartel type of arrangement for gas producing countries that will give rise to privileged interests. The desire of authoritarian nations to utilize energy resources for monopolistic or political effect is set to increase in the wake of increasing global demand for oil and gas when supply becomes more restricted.
The revised National Security Strategy of Russia clearly indicates that the leadership considers the energy assets as aspects to leverage foreign policy and to envision a future based on resource competition that can be resolved through the military process.
The hostile response of Moscow towards the initiative of the European Union to modernize the gas supply network of Ukraine and Eastern Partnership project indicates a zero-sum mentality towards a collective European energy affair.