A picture taken on April 7, 2011 shows Russian LUKOIL ice-resistant fixed platform LSP-1,built at the Astrakhansky Korabel shipyard.

A choice between energy security and energy dependence

Ukraine at a Crossroads

October 2012, Number 03.04

“Ukrainian and international experts strongly advise the Ukrainian government that harmonizing energy laws with European Union legislation is the foundation of energy sector reform. Energy sector reform would send a clear signal to international investors and financial institutions to invest in Ukraine in a way that would help modernize the country’s energy sector. Ukraine’s energy sector reform will involve energy but it will also involve politics. The use of “crossroads” in the title of this article presupposes that Ukraine has options, while the “energy security and energy dependence” phrase invokes an uneasy connotation that these are the only alternatives. But to what extent does this duality match the realities in the Ukrainian energy sector today?

Many were hopeful in December 2005, when the “Memorandum of Understanding (MoU) on Co-operation in the Field of Energy Between the European Union and Ukraine” was signed. This agreement included provisions outlining a clear strategy for Ukraine to reform its internal energy market...”

Excerpt from Viacheslav Kniazhnytskyi, “Ukraine at a Crossroads,” per Concordiam: Journal of European Security Defense Issues 3, No. 4, 2012: 18-25.

Viacheslav Kniazhnytskyi is currently an independent energy expert. From 2009 to 2011 he served as ambassador-at-large for energy security at the Ministry for Foreign Affairs, Ukraine. From 2004 to 2009, he served on Ukraine’s mission to the EU in Brussels, where he specialized in energy, nuclear safety and the environment. Before that he served the ministry in the field of energy diversification and security of supply and was counselor to the international organizations in Vienna, many of them dealing with nuclear energy and nonproliferation. He graduated with distinction from the Marshall Center’s Executive Program in 1996 and earned a degree from Kyiv State University in 1972.

This article reflects the views of the author and are not necessarily the official policy of the United States, Germany, or any other governments.