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Energy security after the pivot

Diversification solved one problem and created another: dependence is now spread across more partners, each with its own leverage.

By Ramdane Belamri

Founder · Energy journalist & analyst

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Energy security after the pivot

Security of supply used to be a story about volumes. Increasingly it is a story about relationships — who you buy from, on what terms, and how quickly those terms can change.

For southern Europe, North African gas is not a hedge against dependence so much as a different shape of it. The task is to make that dependence mutual: to give suppliers a stake in European stability, and Europe a stake in supplier development.

Interdependence is not weakness. Unmanaged interdependence is.

That is where analysis matters — mapping not just the pipelines, but the incentives running through them.

Sources

Primary sources, checked against the public record.

  • S01IEA — Energy Security

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