An Expert's View

Robert Bensh

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Energy is by far the greatest factor shaping geopolitics and geoeconomics today.

Nowhere do we see this so clearly as Ukraine, the wider Black Sea region, and Europe as a whole. The ultimate aim of this blog is to provide additional insight into the role energy plays–and should play–in determining the end game for Ukraine, as well as the effect this will have on the Black Sea region and Europe as a whole, and the role LNG will play in this region’s future.

Robert’s Bio

Robert Bensh is an energy executive with over 20 years experience, to include over 15 years of experience leading oil and gas companies and energy investments in Ukraine. Mr. Bensh is the Managing Director and partner with Pelicourt LLC, a private equity firm focused on energy and natural resources in Ukraine, as well as Managing Shareholder of Leadville Resources.

Ukraine in Crisis: Where is Everyone?

With all that is going on in Ukraine today, I’m often asked: ‘Where is the USA’? The US administration is more concerned with the Islamic State (IS) advance on Iraqi and Syria, and events in Ferguson Missouri.  The US Ambassador to Ukraine, Geoffrey Pyatt,  is very vocal about what is going on, and he is a big supporter of Ukraine.  However, this is not the administration to take an extreme hawkish stance on the Ukraine crisis.

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Ukraine’s Next Crisis? Economic Disaster

Ukraine’s next crisis will be a devastatingly economic one, as violent conflict destroys critical infrastructure in the east and brings key industry to a halt, furthering weakening the energy sector by crippling coal-based electricity production.

The Ukrainian military’s showdown with separatists in the industrial east has forced coal mines to severely cut production or close down entirely. This has led to an electricity crisis that can only be staunched by cutting domestic production along with exports to Europe, Crimea, and Belarus — or worse, getting more imports from Russia.

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