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Gas problems with russian and ukrainian indigestion Final
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Gas problems with russian and ukrainian indigestion Final


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  • 1. Kenny Laskowski
  • 2. Basics of Interdependence EU imports from Russia exports to EU Russia (as % of total (as % of total resource imported) resource exported)Gas 36% 70%Oil 31% 80%Coal 30% 50%
  • 3. Importance of the Ukraine
  • 4. History of Ukrainian-Russian Gas Problems Russian Gazprom placed vital assets in Ukraine under USSR Grazprom lost direct control over assets to Ukraine after the collapse of the USSR Ukraine control of pipelines and Russian control of gas creates massive ties between the two in the gas industry At collapse of USSR, 90% of gas to Europe went through Ukraine
  • 5. History of Ukrainian-Russian Gas Problems (con’t) 1999: Ukraine agrees1992: Russia 2009 Gas Crisis to relieve debt byhalts gas 1994 Gas shuts off gas to selling equipmentallocations Agreement Europe for 22 daysto Ukraine balancing interests until agreement 2004: Orange was reached of two countries Revolution1990 2009 1998: Dispute over 2006: Russia cuts off Ukrainian siphoning gas gas to Ukraine; reach intended for Europe 2006 Gas Agreement1992: Russiareduces gas flow to 2001: Russia andUkraine Ukraine reach 2001 Transit Agreement
  • 6. Better Understanding Ukraine- Russian Gas Problems
  • 7. Future Pipeline Possibilities Nord Stream Pipeline •Connects Russian gas w/EU more directly •“European interest” •Line 1 is already operational •Financing for Line 2 secured in March 2011 •Set to be complete later this year (2012)
  • 8. Future Pipeline Possibilities South Stream •Construction to begin 2013 •Important for Russian influence and European energy security •Cost: 12-15 billion euros •First gas supplies to flow late 2015
  • 9. Future Pipeline Possibilities Nabucco Pipeline •Construction set to begin 2013 •Costs roughly 8 billion euros •Gas will be supplied from Caspain region and Middle East •Significant because it is free from Russian interest and supply •Set to be completed in 2017
  • 10. Possibilities for the future of the Ukraine Possible transportation of Iranian gas Turning inward to own natural resources Must first deal with internal problems before such a scenario is possible
  • 11. Addressing Ukraine’s Internal Problems Corruption in politics and gas supply to Ukraine Legislation difficulties relating to the bureaucratic nature of the Ukrainian political system Energy management or lack thereof; inefficient use by populace and inability of government to make change Lack of resource use; the potential and lack of progress towards this potential