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  • October 2014 (Revised February 2017)
  • Case
  • HBS Case Collection

Europe, Russia, and the Age of Gas Revolution

By: Rawi Abdelal, Leonardo Maugeri and Sogomon Tarontsi
  • Format:Print
  • | Language:English
  • | Pages:43
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Abstract

The 2014 Ukraine crisis once again exposed the mutually limiting knot—a web of commercial relationships and oil and gas pipelines—that historically tied the European Union and Russia closely. In this crisis, a familiar conundrum preoccupied minds in the corridors of power in Western capitals: how to compel Russia to respect the Western geopolitical preferences without harming European allies? The answer, as in the past, pointed to the lack of viable short-term solutions and the longer term need for gaining energy independence without sacrificing energy security in the EU. The case chronicles latest efforts, and its unintended consequences, by all-union authorities in Brussels to untie the Russian knot by implanting American inventions in the European soil: liberalized, transparent natural gas markets and shale gas production. Executives of European and Russian energy companies present their views.

Keywords

International Relations; Business and Government Relations; Energy Sources; Energy Industry; European Union; Russia; Ukraine

Citation

Abdelal, Rawi, Leonardo Maugeri, and Sogomon Tarontsi. "Europe, Russia, and the Age of Gas Revolution." Harvard Business School Case 715-006, October 2014. (Revised February 2017.)
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About The Author

Rawi E. Abdelal

Business, Government and the International Economy
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Related Work

    • October 2014 (Revised February 2017)
    • Faculty Research

    Europe, Russia, and the Age of Gas Revolution

    By: Rawi Abdelal, Leonardo Maugeri and Sogomon Tarontsi
Related Work
  • Europe, Russia, and the Age of Gas Revolution By: Rawi Abdelal, Leonardo Maugeri and Sogomon Tarontsi
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