Aura Sabadus discusses how Putin is attempting to lure Europe back into dependence on cheap Russian gas by offering discounts of over 10% and exploiting alternative transit routes. While this could be lucrative for European companies, it risks undermining Europe’s energy security. Ukraine must also decide whether to renew its gas transit agreement with Russia, where the short-term gains have to be weighed against the long-term strategic costs of renewed dependence on the Kremlin.
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Aura Sabadus discusses how Putin is attempting to lure Europe back into dependence on cheap Russian gas by offering discounts of over 10% and exploiting alternative transit routes. While this could be lucrative for European companies, it risks undermining Europe’s energy security. Ukraine must also decide whether to renew its gas transit agreement with Russia, where the short-term gains have to be weighed against the long-term strategic costs of renewed dependence on the Kremlin.