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The Specifics of Diversification Strategies Used by International Oil and Gas Companies: the Evidence from Gazprom's Activity on Southeast Europe's Market

Student: Elizaveta Baturova

Supervisor: Ekaterina Entina

Faculty: Faculty of World Economy and International Affairs

Educational Programme: International Business (Master)

Year of Graduation: 2018

Energy security has given a top priority both in Russia and in Europe. The recent European Union’s Energy Security policy which is based, among other things, on gas imports diversification, single European gas market creation; uncertainties related to Ukrainian gas route; obstacles created for Nord-Stream 2 underlined the necessity for the diversification strategies implementation. The Southeast Europe became the new route to ensure stable gas supply. The recent timeline of the research underlines the topicality of the Gazprom’s operation on the South East Europe’s market. Taking into consideration above mentioned, one can stress the significance and relevance of the topic. The Gazprom’s activity on the Southeast Europe’s market is exposed to an ongoing dialogue thus underscoring the scope of the issue.

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