South Stream And The EU-Russia Balance Of Power In The Western Balkans

Few developments will have a greater impact on regional dynamics in the Western Balkans than the race to build Russia’s South Stream Pipeline as the Western Nabucco Pipeline falls flat.The countries of the Western Balkans are highly dependent on Russia for gas, with Serbia getting around 85% of its gas from Russia, Bosnia-Herzegovina over 90%, and Macedonia 100%. Croatia, slated to join the EU next year, is much less reliant on Russian gas (less than 40%).  The South Stream pipeline, slated to be operational in 2015, will diversify Russia’s…

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