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86 comments on Gas crisis: Is Gazprom really expecting Europe to take its side against Ukraine?
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86 comments on Gas crisis: Is Gazprom really expecting Europe to take its side against Ukraine?
Comments can no longer be added to this story.
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What is the real situation in Ukraine? It's behaviour suggests that it actually does not have massive gas reserves in storage tanks as it claims. This would make perfect sense since it has been stealing and re-selling Russian gas for over 15 years. The crooks running the show in Ukraine could not possibly allow vast amounts of potential lucre to sit in storage tanks. So Ukraine literally needs immediate gas supply from Russia to feed its domestic market and has no choice but to steal transit gas if it gets cut off.
Ukraine steals gas because it can - that's the simple answer.
It does have huge storage capacity - but the main use of that storage is to boost Russian export capacity in winter, so that storage is also held hostage by the Ukrainians (the main facilities are located in Western Ukraine, near the Hungarian and Slovak borders, so can almost only be used for export purposes).
As I noted in one of my articles, Ukraine also holds hostage gas deliveries to Southern Russia 5rostov and all the Caucasus region) as the pipeline going there crosses Ukrainian territory.
Those verbs should all be past tense now.
Russia, like the boa, now squeezes with every exhalation.