Regional Gas Interconnectivity And The Implications Of Trade In Liquified Natural Gas For Energy Security Of Non-Eu Western Balkan States

Abstract

The article examines the state of energy security in the Balkans, the
level of regional gas interconnectivity and the role of trade in liquefied
natural gas (LNG) in enhancing energy security in the region. The study
shows that infrastructure investments are required in the Balkans.
However, the small size of the Balkan market lowers investment incentives.
In this context, the policy entrepreneurship of the EU Commission can
increase solidarity and investments in the Balkans. Moreover, planned
and existing pipeline-LNG projects in the periphery of the Balkans can
enhance the energy security of these countries.