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This study explores the structural shifts in Europe’s energy landscape following the loss of over one-third of its … Russia and Europe. Amidst Europe’s deep integration into global energy markets, this paper assesses the medium-term market …, highlighting Europe’s reliance on natural gas for significant energy consumption and the consequent need for diversifying energy …
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Following the collapse of the Soviet Union, Western countries have signed several agreements regarding the use of hydrocarbon resources in the Caspian Basin, with the aim of diversifying their energy suppliers. However, recession in the world economy and persistently low oil prices have...
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