Carnegie Moscow Center
The main political issue facing Turkey in the Black Sea region is how to guarantee political and military security in the area as Ankara positions itself as a key regional actor and independent center of power.
In an increasingly globalized gas market, what happens in Europe will have broad implications for global energy markets and how gas markets evolve is also essential for energy security and meeting carbon emission targets.
European and Russian experts discuss the key issues affecting Russia-Europe relations.
Russia not only has some of the world’s largest energy reserves, but also impressive potential for making its economy more energy efficient and competitive. Ending wasteful use of energy resources would bring Russia financial benefits and decrease carbon dioxide emissions.
Russia's economic dependence on declining oil revenues has prompted calls to diversify into other industries, but the first step to economic stability is diversification within the oil industry.
Russia has threatened to cut gas supplies to Ukraine on January 1st if a $2 billion gas debt is not resolved, and both countries stand to lose if they fail to reach a settlement in time. Carnegie experts in Washington and Moscow discuss the implications of the dispute for regional stability, European energy security, and Russia’s relations with the West.