ASSESSMENTS

Russia, Ukraine: Natural Gas Deal, but No EU Energy Security

Mar 13, 2008 | 16:59 GMT

GENIA SAVILOV/AFP/Getty Images

Summary

Ukrainian energy firm Naftogaz and Gazprom-owned RosUkrEnergo came to an agreement on natural gas March 13. The new deal addresses issues of supply and pricing, and should result at least in a temporary energy truce between Ukraine and Russia. The deal does not, however, mean energy security for Central and Eastern Europe, since Moscow warned of future natural gas price increases during the talks.

Ukraine and Russia reached a new natural gas deal March 13....

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