This document includes a description of the main events and factors that determine Ukraine’s energy vulnerability in the short run (up to 1 year) – the heating season 2021\/22 and preparations for the heating season 2022\/23. It does not focus on long-term and systemic threats but may refer to them in the context of short-term risks and threats. The brief outlines the main possible risk scenarios and possible measures to reduce them and mitigate \u00a0consequences.<\/p>\n
In our view, the most significant short-term risks are concentrated in the natural gas and electricity sectors. This does not negate or diminish the long-term risks in other areas, such as the security of supply of motor fuels (gasoline, diesel, LPG), predominantly imported from Belarus and Russia.<\/p>\n
The Energy Security Strategy, approved by Cabinet of Ministers Decree No. 907-p of 4 August 2021, highlights the main threats to energy resilience.<\/p>\n
An analysis prepared by an expert from the Centre for Economic Strategy and the opinions of panellists who participated in the forum “Ukraine’s Resilience to Crises: A Look into the Near Future” organised by the Centre for Economic Strategy on 8 December 2021 are presented in this brief.<\/p>\n
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