Sunday 20 July 2014

Ukraine's imports of Russian gas: how a deal might be reached

Russia stopped exporting gas to Ukraine on 16 June, and because of the political crisis between the two countries they are not close to restarting talks about the price of imports and debts for gas delivered previously. If the politics doesn't allow for talks to restart by the winter, this will become a serious crisis for Ukrainian citizens, on top of the suffering already being generated by the military conflict in the east. If politics moves in such a way as to allow talks to restart, then commercial and economic issues would again come to the fore, and I have written an Oxford Energy Comment on these. You can download it here.