Russian missile attacks on Ukrainian state-owned gas assets have compelled the country to purchase costly alternative fuel from the European Union. Source: Bloomberg Details: Russian airstrikes have reduced production at key Ukrainian producer Naftogaz by a third,

Russian missile attacks on state-owned natural gas assets in Ukraine have forced the country to buy expensive replacement fuel from the European Union, according to people with knowledge of the matter.

The dissolution of the Soviet Union greatly affected this decades-old gas business. Russian gas now had to transit an independent Ukraine. Even so, Russia continued to increase its exports to Europe, with the exported volume rising from 110 billion cubic meters in 1990 to 175 billion in 2020.