A new policy brief put together by a consortium of the Central European Policy Institute (CEPI), EUROPEUM Institute for Economic Policy, the Hungarian Institute for International Affairs and the Institute for Economic Research and Policy Consulting identifies several options Central and Eastern Europeans to diversify imports away from Gazprom.
Will the diversification of suppliers, increase in LNG imports, shift to a more short-term contracting, and extraction of ‘unconventional’ natural gas namely shale gas help? What do the recent developments, such as the new European gas market model, implementation of the EU 3rd Energy package, competition between already established gas transit routes and the new supply routes mean for their efforts?
The authors argue that the Central and Eastern European countries can benefit from these new developments only in case of deeper cooperation between their gas transiters. To get an inspiring insight into regional energy policy-making read the piece which also includes a set of concrete recommendations for the region’s governments.