engleski

Energy Prospectives, Competition And Energy Security In The South-East Of Europe

The paper analyzes geopolitical circumstances on the global and regional oil and gas markets towards the beginning of the 21st century. After the oil price leap, the global and regional oil and gas markets has entered the phase of possible energy-related crises. Such a condition makes the energy-related situation of energy importers rather difficult, especially when it comes to relatively small countries, but also makes the need for sensitive equilibrium between competition on energy markets and energy security of the national economies. Geopolitical development resulted from an uneven global oil production and consumption distribution, as well as the impact of these global events on energy supply and circumstances in the oil-gas sector of a rather small country like Croatia. Countries in the south-east of Europe needs more imported energy, oil and gas transport routes, particularly pipelines and international collaboration in order to realise some new joint energy projects. However, the energy markets are changing towards more competition and energy security as well. These two elements are both the main issues of the energy markets and requirements of economic development as well.

energy; energy markets; energy geopolitics; international collaboration

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