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Caspian Report - Issue: 07 - Spring 2014

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fields they refer to, the threats can be<br />

of economic, military, ecological, etc.<br />

extraction. Extrapolated to energy,<br />

the definition of energy security is<br />

more complex since energy itself is<br />

an all-subsuming category. Nothing<br />

exists that is not energy or is not affected<br />

by energy. 19 Energy influences<br />

and is influenced by everything<br />

ranging from geopolitics, economics,<br />

environment, to our everyday existence.<br />

In that respect it is sought by<br />

states, as guarantors of free and reliable<br />

access to energy resources, and<br />

by individuals, as end consumers of<br />

those energy resources.<br />

In seeking to ensure energy security,<br />

states either take a hands-on approach<br />

or step back, allowing markets<br />

to regulate and guarantee the<br />

flow of resources. Different attitudes<br />

stem from the way in which states<br />

perceive various threats to their energy<br />

security. As Waever notes, in<br />

naming a certain development a security<br />

problem, the state can claim<br />

a special right, one that will, in the<br />

final instance be defined by the state<br />

and its elite. 20 In this context, if the<br />

geopolitical factor is deemed a risk<br />

to energy security, states, as quintessentially<br />

geopolitical actors, may<br />

assume exclusive authority over the<br />

provision of energy security and the<br />

actions associated with it.<br />

True to its laissez-faire philosophy,<br />

the US stepped back, allowing the<br />

market to handle risks as well as the<br />

delivery of energy resources, - its<br />

natural gas market being one of the<br />

most developed and competitive in<br />

the world. Other countries, such as<br />

China or Russia went in opposite direction<br />

as their governments (either<br />

themselves or through state-owned<br />

companies) took centre stage in underwriting<br />

energy security.<br />

Yet, the idea that risks are minimised<br />

if states engage in bilateral relations<br />

is challenged by at least two<br />

examples.<br />

Firstly, the EU succeeded in reducing<br />

its vulnerability to political shocks<br />

by putting in place reliable infrastructure,<br />

pushing for greater market<br />

integration, and, not least, by allowing<br />

markets to take control of the<br />

supply-demand balance. As a result,<br />

even though Ukraine still represents<br />

one of the main transit routes for<br />

Russian gas supplies into Western<br />

Europe, the fall-out from the current<br />

standoff between Kiev and Moscow<br />

is likely to have a smaller impact<br />

than it would have had in 2009 or<br />

2006 during the Russia-Ukraine gas<br />

wars.<br />

Secondly, as the current Russia-<br />

Ukraine crisis proves, state-to-state<br />

relations may leave countries exposed<br />

to volatile political environments.<br />

There are numerous other examples<br />

that support this argument,<br />

for example the interruption of oil<br />

or gas supplies from Iraq or Iran to<br />

Turkey in the aftermath of political<br />

disputes between or involving these<br />

countries.<br />

43<br />

CASPIAN REPORT, SPRING <strong>2014</strong><br />

19.<br />

Ciuta, F., (April 2010), “Conceptual Notes on Energy Security: Total or Banal Security” in Security<br />

Dialogue 2010 41:123<br />

20.<br />

Waever, O., (1995) ibid, p.54

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