Ukraine strikes Turkstream, pushing gas prices up 7%

RUSSIA / FSU POLITICS - In Brief 17 Jan 2025 by Alex Teddy
Ukraine strikes gas pumping station in Russia that supplies gas to Europe via Turkey.Energy prices jump up to 7% amidst fears of a disruption of supply.Ukraine had previously cut off Europe from Russia by preventing gas transit through its territory earlier this month.Russia accuses the USA of being behind “terrorist” attacks on its territory.CONTEXT As Russian troops continue to advance in the Donbass, Ukraine has added a new dimension to the War by striking Russian energy strategic targets to increase its leverage in the upcoming negotiations. Ukraine also halted the transit of Russian gas through its own territory since the beginning of 2025. The latest target is a key pipeline to the EU’s energy security: Turkstream. Only in the winter of 2024-25 have Russian efforts to cripple Ukrainian energy infrastructure borne much fruit, with the country now dependent on importing electricity from Europe and civilians facing severe shortages of energy. Kiev is seeking to retaliate proportionally, but this has strong consequences for the EU, even when attacks are unsuccessful. EVENTS ON THE GROUND On January 13, Russia claimed that Ukraine had attacked a compressor station in Russia’s Krasnodar region responsible for the operation of the Turkstream pipeline, in what they termed a “terrorist attack.” The attack was part of a massive wave of drone and missile attacks Ukraine launched into Russia using western ATCAMS and Storm Shadow systems, attacking chemical factories, fuel depots and other strategic sites all over western Russia. While there was no disruption to gas flow, Russia claimed that there was minor damage to the site. After the attack, gas prices in Europe jumped 7% ...

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