Role of the Caspian Region within the Scope of Energy Security

Year 2022, Volume: 6 Issue: 2, 419 - 439, 29.12.2022

Ferhan Oral

Abstract

Europe’s dependency on energy resources—especially after the Russia–Ukraine war—has made the Caspian region a geographical area where regional and global actors particularly focus on. The Caspian region acts like a bridge between Central Asia and Europe while contributing to the stability and prosperity of the region. The EU’s struggle to diversify its energy supplies and break from Russia’s hegemony has forced them to benefit from resources in the Caspian region. Although energy security for the EU means stable flow of energy, for the Caspian states it means stable energy revenues. Turkey, as a transit country has a key role in transferring resources in the region to Europe.

Keywords

Caspian, Energy security, EU, Russia, Türkiye

Supporting Institution

Ankara Kriz ve Siyaset Araştırmaları Merkezi

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