Monday, November 20
Укр Eng
Log In Register
PoliticsNeighboursEconomicsSocietyCultureHistoryOpinionsArchivePhoto Gallery
11 September, 2012  ▪  The Ukrainian Week

Energy Weakness

Mutual dependence of Ukraine and Russia is rapidly tilting and Ukraine is growing more and more dependant on Russia.

On August 29th, the second pipeline of Nord Stream was completed. Russia announced that it would start exporting gas to Europe through the pipeline in Q4 2012. This means that since Ukrainian President Viktor Yanukovych has been in power, Russia has launched a pipeline bypassing Ukraine with a capacity of 55bn cu m a year. This is more than half of all Russian gas Ukraine transited last year. Meanwhile, no construction of an alternative gas supply project has started in Ukraine. As a result, the largely nominal mutual dependence of Ukraine and Russia is rapidly tilting and Ukraine is growing more and more dependant on Russia. The current regime, however, is making its relations with the EU more tense thus decreasing its chances to get any external support in case of a conflict with Moscow. And there would be plenty of reasons for such support. The European Commission has recently launched an investigation against Gazprom which is suspected of abusing is monopolist position on the CEE market. 


Related publications:

  • Mostly discussed for its regulation of the language of instruction in schools, the new law offers more overlooked important innovations intended to change the quality and the content of education in Ukraine
    7 November, Hanna Trehub
  • The new law on the reintegration of the occupied parts of the Donbas qualifies them as such and names Russia as the occupier. Yet, it does not launch the process of deoccupation or change the mechanism envisaged in the Minsk Agreement
    20 October, Maksym Vikhrov
  • This week started off with a bang in Kyiv...and it had nothing to do with working on healthcare reform, which the Verkhovna Rada eventually passed on October 19. The #1 topic became a protest action to push political reforms forward that was called by anti-corruption politicians and former Odesa Governor Mikhail Saakashvili
    19 October, Stanislav Kozliuk
  • Founded this fall, Donetsk oligarch Serhiy Taruta’s Osnova or Foundation party has already started campaigning although the next Verkhovna Rada election is two years away
    18 October, Denys Kazanskyi
  • Russian law enforcers raided the houses of Muslim Crimean Tatars in Bakhchysarai in the morning of October 11
    11 October,
  • The odyssey of Mikheil Saakashvili had a happy ending for him but caused his opponents headaches and image problems
    9 October, Denys Kazanskyi
Copyright © Ukrainian Week LLC. All rights reserved.
Reprint or other commercial use of the site materials is allowed only with the editorial board permission.
Legal disclaimer Accessibility Privacy policy Terms of use Contact us