Contemporary Conditions and Prospects for Energy Cooperation between Russia and Germany

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Abstract:

The relevance of this study is determined by the conditions of integration and co-operation that have emerged on the European continent, leaving Russia largely isolated from other advanced countries. Therefore, the perspectives for the development of cooperation in the energy sector between the Russian Federation and the Federal Republic of Germany are discussed within the framework of constantly changing developments in the international arena, primarily in the field of gas co-operation. The last aspect directly affects the economies of both countries, leads to instability and causes crises. Therefore, the purpose of the study is to identify the most important factors affecting gas relations between Russia and Germany, as well as the prospects of gas co-operation and their transformation, taking into account the problems that have emerged on the basis of statistical analysis. The study has revealed that there are not only arguments against further gas interaction, but also those in favor of it. The outcome in this case will presumably be a long-term suspension of relations until the Ukrainian conflict is resolved. This is the most important problem, which creates additional difficulties in the Russian-German dialogue. Some of them include the start of active construction of LNG terminals in Germany for other supplying countries; Germany's desire to make a "green transition" in the energy sector; Russia's response in the form of laws restricting gas supplies to German companies; and the strong influence of the EU and the US on the FRG. The practical significance of the results obtained lies in the fact that the study is based on actual statistical data on the energy interaction between Germany and the Russian Federation over the past few years and the main reasons for the existing conflict between the two countries with their discussion, which allow us to make an assumption about whether and when energy cooperation between Russia and Germany will be restored.