ANALYSIS OF POSSIBLE CONSEQUENCES FOR EUROPEAN COUNTRIES AND RUSSIA FROM RUSSIAN GAS TRANSIT INTERRUPTION THROUGH UKRAINE
The events of spring 2014 have greatly escalated the questions of reliability of Russian gas supply to European countries. Possible reduction of natural gas export causes the problems in fuel- and energy supply both in Russia and other countries. Consideration is given to the termination scenario of gas export transit through Ukraine and possible outcomes of this situation. The importance of timely delivery of Russian gas to European countries-importers is underlined. It is concluded that both European consumers and Russia will be affected in this situation.