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Russian Gas for Western Europe.Energy Security
in a Changing International System
Matteo Verda
Università degli Studi di Pavia and
Istituto per gli Studi di Politica Internazionale - Milano
Università degli Studi di Bologna – Sede di ForlìMay 7th, 2013
Main global energy consumers
Million tonnes oil equivalent – 2011 | source: BP, Statistical Review of World Energy 2012
EU energy mix
Million tonnes oil equivalent – 2011 | source: BP, Statistical Review of World Energy 2012
EU natural gas supply
Billion cubic metres (39 MJ/cm) | source: Eurogas
European natural gas import infrastructures
© Matteo Verda 2013
Russia reserves and production
2011 | source: BP, Statistical Review of World Energy 2012
oil
natural gas
reserves production
billion barrels million barrels / day
trillion cubic metres (39 MJ/cm) billion cubic metres / year
Russian energy mix
Million tonnes oil equivalent – 2011 | source: BP, Statistical Review of World Energy 2012
Russian consumption and exports
oil
natural gas
2011 | source: BP, Statistical Review of World Energy 2012
million barrels / day
billion cubic metres / year
Russian exports
2009 | source: IEA, World Energy Outlook 2011
Russian GDP and oil price
GDP (left scale) is in current billion USD | source: IMF, online databaseOil price (right scale) is Brent dated in current USD/bbl | source: BP, Statitistical Review of Wordl Energy 2012
Billion USD (2011) 2011 2035
Oil 182 260
Natural gas 64 173
Fossil fuels and products 382 433
GDP share 18% 15%
Russian energy sector
source: Bank of Russia (www.cbr.ru) and IMF (www.imf.org) (2011); IEA, World Energy Outlook 2011 (2035f)
Russia natural gas exports
Billion cubic meters / year | source: own elaborations on IEA, World Energy Outlook 2012
Russian energy exports
Revenue is in year-2010 USD | source: IEA, World Energy Outlook 2011
Russian Federation and its partners
© Matteo Verda 2013
Matteo Verda
www.sicurezzaenergetica.it
Linkedin.com/matteoverda
Thank you for your attention.
Una politica a tutto gas. Sicurezza energetica europea e relazioni internazionaliUniversità Bocconi Editore, 2011
Politica estera e sicurezza energetica. L’esperienza europea, il gas naturale e il ruolo della RussiaEdizioni Epoké, 2012
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