Rebroadcast: Gas politics in Eastern Europe

Jul 31, 2014

russia-pipeline
A worker checks wires at a gas pipe before a launching ceremony of the construction of South Stream pipeline in the Black Sea resort of Anapa, southern Russia, Friday, Dec. 7, 2012. After years of delays and negotiations, Russian gas company Gazprom on Friday formally started construction of its Europe-bound South Stream pipeline, key to its strategy of eliminating shipping risks by bypassing transit nations like Ukraine.
Credit Sergei Karpukhin, Pool / Associated Press

Note: this episode originally aired on 1 May 2014.

This week, we're looking at the increasingly complex state of energy politics in Eastern Europe. Conflicts between Russia, which supplies much of the region's natural gas, and its neighbors are escalating. The United States government has increased sanctions on the Russian energy sector in response to the country's actions in Crimea and the Ukraine. How have markets been reacting to this? What does it mean for the area's balance of power?

Joining us this week: