UKRAINE GAS SUPPLIES KEEP FLOWING – FOR NOW – DESPITE POLITICAL TURMOIL

Events in Ukraine continue to unfold in dramatic fashion: a government overthrown, Crimea annexed by Russia, pro-Russian separatists stoking unrest and grabbing government buildings in eastern Ukraine, and worries of a full-scale invasion. Weaved into these crises - and in many respects at the heart of them - is Ukraine's oil and gas sector.In mid-April, Russia's president Vladimir Putin warned European leaders that Ukraine's delays in paying for Russian gas had created a "critical situation" and that Russia could "completely or partially cease deliveries" if ...


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