The West still needs Russian gas that comes through Ukraine
Austria, Hungary and Slovakia are particularly dependent on it
When Ukrainian forces stormed into Russia early in August, Europe’s energy markets took fright. Russia’s gas exports to the EU are a fraction of what they once were. Still, news that Ukraine had captured Sudzha—a town in Russia that hosts its last major terminal for exporting the fuel to Europe via Ukraine—was enough to send the continent’s benchmark gas price to its highest level this year.
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This article appeared in the Europe section of the print edition under the headline “That awkward pipeline”
Europe September 7th 2024
- Germany’s party system is coming under unprecedented strain
- American restrictions on hitting Russia are hurting Ukraine
- Abuse by priests in Italy can no longer be tolerated by the Vatican
- The obstacles faced by Turkey’s winemakers
- The West still needs Russian gas that comes through Ukraine
- Europe must beware the temptations of technocracy
From the September 7th 2024 edition
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