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The Case for a Gas Transit Consortium in Ukraine: A Cost-Benefit Analysis. CEPS Policy Brief No. 180, 9 January 2009

Gnedina, Elena and Emerson, Michael. (2009) The Case for a Gas Transit Consortium in Ukraine: A Cost-Benefit Analysis. CEPS Policy Brief No. 180, 9 January 2009. UNSPECIFIED.

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    Abstract

    The January 2009 interruptions of gas supplies from Russia to the EU via Ukraine, following the earlier 2006 crisis, has confirmed the absolutely intolerable situation in which a commodity of strategic importance for European industry and households has become uncertain and erratic, in breach of long-term supply contracts, as a result of disorderly commercial and political relations between Russia and Ukraine. The recently agreed tri-partite (EU, Russia, Ukraine) monitoring system is a positive step, even if at the time of writing supplies have not yet resumed. But in any case this can be viewed as no more than a stop-gap measure. A more fundamental and permanent solution is required. For this purpose the authors propose that the EU, Russia and Ukraine negotiate the creation of a new business consortium to be granted a long-term concession to operate the Ukraine trunk gas transit pipeline.

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    Item Type: Other
    Subjects for non-EU documents: Countries > Russia
    Countries > Ukraine
    EU policies and themes > Policies & related activities > energy policy
    Subjects for EU documents: UNSPECIFIED
    EU Series: UNSPECIFIED
    ["eprint_fieldname_eusries" not defined]: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Policy Briefs
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 23 Apr 2009
    Page Range: p. 14
    Last Modified: 15 Feb 2011 18:10
    URI: http://aei.pitt.edu/id/eprint/10766

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