“…It is also noted that the Union has great energy potential, it has common inherited energy system, comparable common technological and technical standards, it has a cross-bordered infrastructure and capacities, etc. According to experts the formation of common energy market will allow obtaining a large number of advantages for countries, such as possibility of energy flows using, energy capacities redistributing, balancing, and also phasing out obsolete equipment from enterprises funds, competitiveness rising of the EAEU as a whole (Sopilko et al, 2020). Some experts consider energy integration in the Union region in the context of energy security (Cherp and Jewell, 2014;Myasnikova et al, 2019), which means an ability to protect member countries from lack of energy resources and energy shortages.…”