At the beginning of 2009, South Eastern Europe (including Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Greece, Former Yugoslav Republic (FYR) Macedonia, Montenegro, Romania, Serbia and Kosovo) was simultaneously hit by three external shocks: an extended period of cold weather, disruption in natural gas supply from the Russian federation and financial crisis.
The gas dispute between Russia and Ukraine in January 2009 was by far the most serious of its kind. The two sides failed to agree a price for Russian gas supply to Ukraine and a tariff for the transit of Russian gas to Europe before previous agreements expired on 31 December 2008. Russian exports to […]
The paper aims to provide an overview of the Ukrainian gas sector. Public discussion in western Europe has turned to Ukraine as a transit country – through which more than four-fifths of Russian gas exports to Europe pass – when its disputes with Russia have threatened to interrupt supply. Such an occasion was in the […]
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