In-DepthAsia-Pacific

Europe’s Hunt for Energy Security

On the morning of Jan. 1, 2009, Russia’s state-owned gas-export monopoly Gazprom halted natural gas deliveries to Ukraine. Gazprom blamed the disruption on Kiev’s refusal to pay its debts on past deliveries and its unwillingness to accept an increase in its gas prices. Although Gazprom continued to transit gas through Ukraine for delivery to other European countries, by Jan. 5, five European Union (EU) member states, including Poland, Hungary and Romania, had announced that they were experiencing gas-supply disruptions. On Jan. 7, Russia shut off all gas deliveries through Ukraine, accusing Kiev of siphoning off gas destined for Europe to […]

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