EU's external energy governance: A multidimensional analysis of the southern gas corridor

"The EU's natural gas vision towards the Caspian basin is based not only on bringing additional gas volumes to the EU markets in order to ensure physical security of supply. It is rather multidimensional external governance geared, firstly, towards absorbing all the actors along the whole value chain in to the EU's common energy regulatory framework and shifting energy provision from a bilateral political domain onto a multilateral market domain. Secondly, it is a process of diffusion of norms and values into the governance system of the energy partners." External governance; Southern Gas Corridor; Energy security.