Russia-Ukraine ‘Gas War III’ Ends in a Truce, but What Next?

WARSAW, Poland — Minutes before a 6 p.m. deadline on Feb. 12, Ukrainian President Viktor Yushchenko and Russian President Vladimir Putin resolved the latest dispute between the two countries over natural gas debts — averting a shutoff of supplies to Ukraine. Russia and Ukraine now have the opportunity to create a more transparent and direct system of energy trading. What are the implications of this latest dispute for EU-Russian energy relations? On Feb. 7, Gazprom had presented Ukraine with an ultimatum — pay a past due bill of $1.5 billion, or Russian gas supplies would be cut off. As part […]

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