Western firms are withdrawing from projects linked to the Southern Corridor probably due to the declining commercial attractiveness of these projects.
Gazprom must take into account that its position on the Lithuanian market is different today than it was in 2004.
Slovakia’s good relations with Gazprom have a decisive impact on Bratislava’s stance on the reversal issue.
Moscow tries to use the Ukrainian crisis as a pretext to revise gas cooperation with the EU.
The poor financial results of the energy companies have been caused by a decline in energy demand in the EU.
By demonstrating Russia’s warm political relations with Budapest, Moscow is presenting itself as an attractive partner.
The issue of energy prices has therefore become one of the key factors intensifying the debate on EU energy policy as a whole and on its individual elements.
Russia, capitalising on Serbia’s dependence in the energy sector, forced Belgrade to accept unfavourable rules for the implementation of the investment.
The changes have been motivated above all by the individual interests of Gazprom’s competitors - Novatek and Rosneft.
Russia has used the construction launch to demonstrate that it will not relinquish at least partial implementation of the project.