European energy transition

Europe Ends Russian Gas Reliance as Ukraine Transit Halts

Europe’s reliance on Russian natural gas, once a cornerstone of its energy infrastructure, is definitively ending as Ukraine halts its transit. This dramatic shift marks a significant geopolitical turning point, leaving Europe to confront both economic and political ramifications.

The sheer irony of the situation is palpable. Remember the bold pronouncements from Gazprom, suggesting Europe would freeze without Russian gas? That prediction has aged poorly, to say the least. Now, the concern shifts to the possibility of sabotage against Ukrainian pipelines, highlighting the inherent vulnerability of relying on a single, politically unstable supplier.

The revelation that Europe continued purchasing Russian gas despite its vocal condemnation of other nations doing so is striking.… Continue reading