Europe has coping mechanisms for life after Russian gas
The Ukraine–Russia gas transit and interconnection agreements are due to expire at the end of this year, but despite some uncertainty, Europe seems well-prepared
The long-running conflict between Ukraine and Russia was—even before the 2022 full-scale invasion—always bound up in the politics of energy, specifically gas. Ukraine was a key conduit for Russian gas to reach the rest of Europe, and for years Moscow was able to leverage these flows and Ukraine’s own energy requirements against first Kyiv and then the EU. This climaxed in 2022, when the conflict entered a much bloodier and overt phase, and Putin attempted to use Europe’s heavy dependence on Russian gas in an effort to break NATO and EU cohesion and support for Ukrainian resistance. Those efforts were ultimately unsuccessful, and in the interim Europe has largely—although not entirely—weaned
Also in this section
26 February 2026
OPEC, upstream investors and refiners all face strategic shifts now the Asian behemoth is no longer the main engine of global oil demand growth
25 February 2026
Tech giants rather than oil majors could soon upend hydrocarbon markets, starting with North America
25 February 2026
Capex is concentrated in gas processing and LNG in the US, while in Canada the reverse is true
25 February 2026
The surge in demand for fuel and petrochemical products in Asia has led to significant expansion in refining and petrochemicals capacities, with India and China leading the way






