ABSTRACT
Multilateral regional cooperation in the energy sector does not occur on a regular basis and there has not been the opportunity to establish a significant independent corpus of specialized literature. The field is exemplary for the illustration of the practice of bilateral dialogue. The explanations can be found in the nature of the market and in the significant geopolitical goals associated with this type of commerce. Usually, the relations between the state, which owns the resources, and the entity which buys them, are disproportionate. International reality demonstrates that these relations are negotiated depending on interests. According to theories of power, states which own important resources have a power advantage and, more often than not, they are not open to negotiating in a multilateral environment.
