Over the last several years, the future of the European energy supply has become an increasingly geopolitical topic. It has become more and more linked to the questions of security, competing gas transportation routes, and continuously tense Ukrainian-Russian relations. In late 2019, Kyiv concluded a new and beneficial transit agreement with Moscow for the transfer of Siberian gas to the EU, in part due to fresh US sanctions against Russia’s off-shore pipeline projects. This 5-year deal is currently securing the continued use of a part of Ukraine’s large gas transportation system, and as long as Gazprom’s Nord Stream II pipeline through the Baltic Sea does not go forward, the Ukrainian gas transportation system will have some prospect, use, and income.
Ukraine's Energy Challenge
OP-ED
Amelin, Prokip, Umland: The forgotten potential of Ukraine’s energy reserves
Drillers of Croatian company Crosco works at drilling rig at Yablunivske gas field on Oct, 26, 2018 in Poltava oblast. Croatian drilling contractor Crosco performs a drilling works at Ukrainian well for Joint Stock Company UGV (Naftogas group).
