The EU-Russia-China energy triangle

Abstract

There is a growing worry in the EU that a rapprochement between Russia and China can have negative implications for the EU. This paper argues that energy relations between the EU and Russia and between China and Russia influence each other. To do this, the paper analyzes interactions in oil and gas trading, electricity exchanges, energy technology exports and energy investments. No evidence for a negative spillover of developing Russia-China energy relations on the EU is found.