Abstract

Given recent events, such as the full invasion of Ukraine’s sovereign territories by the Russian armyin 2022, this article critically analyzes how the use of the Caucasus-Caspian region could serve Brusselsas an alternative means of diversifying energy sources to ensure its energy security. The study iscomprehensive and covers various forms of energy projects. Particular attention is paid to exploringthe various phases regarding Shah Deniz and potential expansion plans. In addition, it carefully examinesall other important factors associated with the production, transportation, and explorationof energy resources in the Caspian reserves.In addition, a key task is to classify and compare the EU’s geopolitical priorities before and after the2022 war, present an analysis of the complex paths of transformation of the EU’s energy supply,and clarify its new policies regarding the relations between the main regional players: the RussianFederation, the EU, Turkey, Azerbaijan, and Georgia.It has been established that the Black Sea-Caspian steppe contains valuable energy reserves. Dueto the critical geopolitical, geostrategic, and geoeconomic importance of the region, the EU has aninterest in the region. The study provides a comparative overview of different aspects of EU energydiversification policies. It examines how these policies have influenced the approach of foreignstates to the Caucasus-Caspian region, taking into account recent events. Moreover, it considersnational goals and takes into account the important interests of leading powers.Keywords: energy security, diversification of fossil fuels, Caucasus-Caspian region, Black Sea-Caspian steppe, EU policy on energy diversification, energy projects.

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