There is no reason for the EU not to place an immediate embargo on supplies of Russian LNG and petroleum products. Russia's energy stranglehold has l… - Andriy Kobolyev

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There is no reason for the EU not to place an immediate embargo on supplies of Russian LNG and petroleum products. Russia's energy stranglehold has lasted for too long. This step will save lives, and not only in Ukraine.

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About Andriy Kobolyev

Andriy Kobolyev (Ukrainian: Андрíй Володѝмирович Кóболєв; born August 16, 1978) is a Ukrainian politician and businessman, former chief executive officer of Ukrainian largest national oil and gas company Naftogaz.

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Additional quotes by Andriy Kobolyev

“Every Saturday, they would run shows saying how bad Naftogaz is, what a bad person Kobolyev is” (Andriy Kobolyev said to the Wall Street Journal about a Firtash-controlled television station called Inter started airing negative coverage about Kobolyev. “In Ukraine, those favors don't come for free. If you want a TV channel which is a propaganda channel to promote you, that comes at a cost,” he said.

However, shifting gas sales, for example, to Chinese markets is not possible. ... In the case of China, it might take 10 to 15 years to build the infrastructure. The existing pipeline to China is small and is not connected to the areas currently supplying Europe. To lose your biggest, most lucrative market, to lose 80% of your revenues, and become fully dependent on China, does not look like a very smart or strategic move. That does not look like a victory.

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