Prometheus Institute

There are exactly five things Kiev must do to become energy independent and disentangle itself from the Russian-driven geopolitical gas war:

1. Sell its pipeline system (most importantly);

2. Sell the remaining state interest in oil and gas company Ukrnafta;

3. Aggressively farm out as brown-field developments areas licensed by state-owned Ukrgazproduction;

4. Develop additional import resources, either through Europe or liquefied natural gas (LNG) through the Black Sea;

5. Provide security in pricing and contracts.

Before we embark on the specifics of this roadmap, it’s important to look at exactly how we got where we are today.

Call it what you want — unrest, separatism, foreign invasion — but the fact is there are troops running around eastern Ukraine killing people. The current situation is dire from any standpoint; economically, it is disastrous, triggering high taxes and steadily increasing inflation.

In addition, Ukraine and Russia are once again fighting…

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