THE EFFECTS OF RUSSIA-UKRAINE WAR ON UKRANIAN ENERGY SECURITY AND EUROPEAN ENERGY SUPPLY SECURITY

Abstract

Energy has still drawn substantial attention for both developing and industrialised countries in the aspect of the needs of their economies, businesses and households. For Ukraine as a resource-rich economy, energy security and the efficiency of the energy sector are the bases for the national security of Ukraine. It has been triggered by the annexation of the Ukrainian Crimea by Russia and Russia-Ukraine war today. All these problems have urged Ukraine to determine modern energy policy and a national energy security model in the light of the concepts of energy security in the 21st century. As it is known, the energy crises between Russia and Ukraine directly affect the security of European Union energy supply in the context of natural gas flows. The main argument of this study is as follows: The Russia-Ukraine war has severely affected the energy security of Ukraine and this situation has led the European Union countries to finally consider taking steps to diversify the supply and to prevent further deterioration of the EU energy supply security. In this context, the article will analyse how the effects of the Russia-Ukraine war on Ukrainian energy security will affect EU energy supply security.