Abstract
In a world where the process of globalization in all sectors of human activity is developing at a steadypace, the energy sphere attracts particular attention as one of the most important global problems of the modernworld. This importance is due to the fact that the energy factor, both in the interrelations of individual countries andregions, and on an international scale plays a decisive role in the development of political relations. In this regard, thearticle discusses the role of the energy factor in the framework of the Eurasian Economic Union. Achieving economicintegration is closely related to the energy integration of the region and one of the components of the energy integrationcomplex is the formation of common markets for oil, gas and oil products. Thus, the study examines the featuresand potential of the oil and gas markets of the EAEU member countries, as well as the problems and challenges thatneed to be solved for the formation of energy integration. The article analyzes the characteristics of the integration ofworld energy markets and the problems of ensuring energy security, as well as the analysis of the characteristics of thedevelopment of regional energy markets in Russia, Kazakhstan and the Republic of Belarus. The article attempts topredict the trends of their development and to identify the prerequisites for the formation of the Eurasian energy space.