Coal has been long considered unclean energy. However, some energy experts argue that it might be an alternative, at least in the short term, for Russian natural gas that Ukraine and Europe are so dependent on.
Even though Russian gas giant Gazprom and its European partners don’t disclose the terms of gas import contracts, it is known that prices vary from country to country. We try to explain how these prices are set, and why there can be great differences in price even for neighboring countries.
The situation in Ukraine, and Europe’s desire to diversify its energy supplies and decrease Russia’s influence, might facilitate LNG and oil export talks in the U.S., according to experts.
Dependent on gas imports and with an economy in ruins, Ukraine is now reconsidering its energy policy and looking to reform its internal energy market and systems.
Russia-China natural gas deal, signed in late May was interpreted by many as Russia’s attempt to make up for its shaky and deteriorating relationships with EU following the crisis in Ukraine.