Geopolitics
The return of geopolitics to the energy game
Ukrainian demonstrators demand an embargo on Russian oil during a demonstration in front of EU institutions ahead of an extraordinary summit of EU leaders on Ukraine, in Brussels, Monday, May 30, 2022. AP - Olivier Matthys
By: Marie-France Chatin Follow
1 min
Since February 24, 2022, and the invasion of Ukraine by Russia, the 27 have multiplied restrictive measures against Moscow, thwarting the forecasts of divisions.
They attacked the Russian financial sector, the oligarchs and others close to the Kremlin, the state television stations, and above all the Russian energy sector.
From August 2022, they will do without its coal and by the end of the year they will have given up 90% of their imports of Russian oil.
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In total, since the start of the war in Ukraine, the EU has bought Russian gas, oil and coal for more than 60 billion euros allowing Putin to finance his war.
What follows is more complicated.
Is a gas embargo possible, desirable?
Can Europe do without Russian gas?
Is a new map of the energy world being drawn?
Guests:
Didier Holleaux
, Deputy Managing Director of the ENGIE Group.
Phuc Vinh Nguyen
, researcher in French and European Energy Policy at the Jacques Delors Institute.
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Geopolitics
Ukraine
Russia
Energies
Oil
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