European and Asian Markets for Russian Energy Sources

Abstract

The European and Asian markets are among the most important receiving markets for Russian energy sources. Europe is considered the first importer of Russian energy sources in large quantities, whether oil or natural gas, which Russia possesses in large quantities. In return, there is a great European need for these resources in order to achieve its energy security. The Asian markets are a modern and new direction for Russia. It plans to continue production and export in the same quantities and without being affected by American and European threats and sanctions and the fear that the European Union will abandon Russia's energy exports.