A New Gas Transit Deal Won't Keep Ukraine and Russia Together for Long
Dec 30, 2019 | 10:00 GMT
(ANDREW BURTON/Getty Images)
- As part of a new, five-year gas transit agreement, Russia will gradually reduce its use of Ukrainian pipeline infrastructure over the next five years as it expands its access to the European natural gas market through the Nord Stream 2 and TurkStream pipelines.
- Ukraine will use the next five years to continue its efforts to reduce its dependence on natural gas that comes directly from Russia by ramping up domestic gas production and searching for alternative routes for imports.
- The transit relationship has, in general, kept a lid on tensions in eastern Ukraine, but now that the importance of natural gas is waning in the Russian-Ukrainian relationship, bilateral tensions could rise once more.