Naftogaz was mostly used as an instrument to do two things: firstly, to bribe the electorate through the huge prepaid subsidies, and secondly for cor… - Andriy Kobolyev

Every day for Naftogaz is like walking on the edge.

A lot of populist politicians began to use it as a tool to discredit reforms and to increase their rating in the year of double elections. ... Now I will give my salary and bonuses in equal proportions to three Ukrainian organizations – “Narodny tyl” supporting the families of the dead warriors, “Come back alive” supporting the army, [MIM] and “Tabletochky” to help children with cancer.

Moreover, the EU's Green Deal, which commits the bloc to become carbon-neutral by 2050, means the balance of bargaining power has shifted decisively from fossil fuel producers to consumers. European governments must use that advantage to sanction Russian energy exports in a way that will not damage their economies. The best approach is the tried and tested Iranian sanction model: natural gas can flow from Gazprom to Europe. However, all proceeds are kept in special escrow accounts in European banks until Russia meets certain conditions.