The US’ shale revolution could in the long term destabilize traditional oil- and gas exporters in the EU neighborhood: A combination of substitution effects and greater energy efficiency, could put pressure on the price of oil, leading to fiscal difficulties in traditional hydrocarbon exporting countries. Strategic Analysts Sijbren de Jong and Willem Auping call upon the EU to seek alternate interdependencies with the oil and gas exporters in its immediate neighborhood, leading to a further development of these nations.
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Europe’s World also wrote an article about our report. Read their article here.
The Bureau of European Policy Advisors (BEPA) mentioned our report in their monthly brief.
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