Ukraine to Tap Its Gas Reserves to Bypass Russia and Supply Europe

Kyiv Post | Oct 17, 2022 at 10:03 AM
  • In a twist that could further embarrass Russian President Vladimir Putin, Europe’s gas crisis caused by Russia hampering supply via the Nord Stream pipeline, could be partly resolved by Ukraine.
  • The Ukrainian state-owned energy company Naftogaz is in ongoing discussions with an American drilling company to begin extraction operations on Ukraine’s untapped gas reserves.
  • The tapping of Ukrainian gas could still prove frustrating to President Putin and an eventual lifeline for Europe, whose leaders have openly expressed their desire to move away from reliance on Russian energy supplies.