HomeMagazine2014April 2014, Vol. 241 No. 4Energy Struggles Between Russia, Ukraine Feed Conflict

April 2014, Vol. 241 No. 4

Features

Energy Struggles Between Russia, Ukraine Feed Conflict

Just how serious the Ukraine-Russia situation is and whether it will threaten global security and stability is still unknown. However, the contribution of energy politics to the clash is well-established. It was on the minds of world energy leaders who met at the annual IHS-CERA Conference in Houston March 3-7, shortly after pro-Russian forces occupied strategic areas of Crimea. Ukraine’s proximity to Russia makes it an important corridor for natural gas transit, through which Russian gas volumes flow to Austria, Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Germany, Greece, Hungary, Moldova, Poland, Romania, Slovakia and Turkey. Overall, Europe got approximately

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