Thursday 14 August 2014

3rd 'Gas War' Looming Between Russia, Ukraine, EU | Business | The Moscow Times

3rd 'Gas War' Looming Between Russia, Ukraine, EU | Business | The Moscow Times:



"Weather forecasters promise 32 degrees Celsius in Kiev on Thursday — which makes the near-citywide absence of hot water due to a shortage of Russian gas more bearable.



But things could get much uglier in winter, when a "humanitarian catastrophe" looms, if the confrontation between Moscow and Kiev over Ukraine's rebellious eastern regions remains unresolved and Russia turns off the gas tap, analysts said. 




While political pundits say the ongoing pro-Russian insurgency in Ukraine is Moscow's last remaining leverage against Kiev, the Kremlin still has a "gas truncheon" at its disposal. Ukraine is entirely dependent on Russian gas supplies, and half of Russia's gas exports to Europe flow through its pipelines."



'via Blog this'

No comments:

Post a Comment