Eastern Europe’s gas deliveries are on shaky ground

Significance

With the current gas transit deal between Russia and Ukraine expiring at the end of the year, the event highlights the fragility of the region’s gas supply.

Impacts

• Gas infrastructure in Sudzha remains vulnerable to damage.
• Global liquified natural gas markets could also see price hikes as European countries eye alternative energy sources.
• In the EU, rising energy prices could disrupt the monetary easing cycle of central banks.