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Analyses |
On 25 May, Gazprom CEO Aleksei Miller announced that after the Nord Stream pipeline is activated, the transit of Russian gas through Ukrainian territory will fall by around 20 billion m³ per year. This statement should be regarded as an…
Analyses |
On 19 May, at a summit of the CIS countries, no agreement was signed on a free trade zone which would guarantee Ukrainian exporters easier access to the Russian market (and the markets of the other CIS member states) and would ban the…
Analyses |
| Wojciech Konończuk, Sławomir Matuszak
Ukraine sees the signing of the Association Agreement with the EU as its priority and for this reason it has agreed to certain concessions to the EU's advantage; this has enabled the advancement of the negotiations. Ukraine treats offers…
Analyses |
On 31 January, the board of the Russian firm TNK-BP decided to halt production in its refinery in Lysychansk, the second largest in Ukraine. Lukoil took the same step with its refinery in Odessa last autumn. The decision by TNK-BP…
Analyses |
Yevhen Bakulin and Aleksei Miller, the heads of Naftogaz and Gazprom, have signed a memorandum establishing a joint venture formethane extraction. Both parties have also announced the establishment of a new company to extract gas from the…
OSW Commentary |
| Sławomir Matuszak
Ukraine's consent to send oil to Belarus along the Odessa-Brody pipeline shows that the government in Kyiv is ready to engage in projects they consider profitable, even those that run counter to Russian interests. Ukraine’s adoption of…
Analyses |
On 27 October, during a session of the inter-governmental committee for economic cooperation, Ukraine and Russia signed an agreement on linking their countries’ aircraft production, which will allow the Ukrainian aircraft industry to…
Analyses |
| Paweł Wołowski
Patriarch Kirill’s third visit to Kiev this year is part of a Russian strategy to regain influence in Ukraine. The Ukrainian government’s possible unilateral support for the Patriarch of Moscow would threaten to disturb the relative…
Analyses |
On 8 June, Ukraine’s Ministry of Finance received a US$2bn loan from the Russian bank Vneshtorgbank (VTB). The nature of the loan indicates that it will be used to support the Ukrainian budget. The loan has a favourable interest rate, but…
Analyses |
| Sławomir Matuszak
Russia has not yet succeeded in inducing Ukraine to make any important economic concessions, but Moscow has made political gains in the security sphere.