The Ukraine crisis is intensifying the long-standing debate about the security of Europe’s energy supplies. On a geopolitical level, the EU’s energy interests to the east, south, and southeast are gaining salience. The idea of a transatlantic gas supply corridor has recently been proposed - it remains on the drawing board because of costly infrastructure requirements and stiff competition for energy from Asia. Within the EU, the Ukraine crisis is providing further impetus for the shift of political priorities away from climate concerns and towards policies focused on security and competition.