Leonid Bershidsky: How Ukraine weaned itself off Russian gas
A picture taken on on April 22, 2015 shows a part of a gas installation at a gas-pumping station on the gas pipeline in the small town Boyarka on April 22, 2015 in the Kyiv Oblast.
Not so long ago, Russia could bend Ukraine to its will by threatening to cut off natural gas supplies. Now, Russia is offering discounts, but Ukraine is not interested because it's getting plenty of gas in Europe. This change reflects developments in the European gas market that don't augur well for one of Russia's biggest sources of export revenue.