Wednesday, July 20, 2022

EU Expects Russia To Cut-Off Natural Gas Exports. Will Ration Energy Supplies

CNBC: ‘Russia is blackmailing us’: EU asks member states to ration energy as Putin tightens grip on gas supplies 

* The plan asks the 27 EU nations to cut their gas consumption by 15% between 1 August 2022 and 31 March 2023. 

* The plan comes as Russia’s energy giant Gazprom claims it cannot fulfill gas contracts with the bloc. 

European countries are being asked to curb their consumption of natural gas by at least 15% until next spring, as part of a wider plan to deal with reduced supplies from Russia. 

The European Commission, the executive arm of the EU, on Wednesday presented a strategy on how countries can prepare for the winter period, when their energy needs are much higher. 

The plan comes as Russia’s energy giant, Gazprom, claims it cannot fulfill gas contracts with the bloc — a major headache for European nations given they have been so dependent on Russian energy before the invasion of Ukraine.  

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WNU Editor: The situation is becoming incredibly difficult in Europe. Implementing a 15% reduction in the consumption of natural gas will not only be difficult to maintain, but near impossible if Europe experiences a severe and cold winter.

EU Expects Russia To Cut-Off Natural Gas Exports. Will Ration Energy Supplies  

Europe plans to force countries to ration gas as Russia weaponizes energy -- CNN  

EU urges member states to slash gas use by 15% to counter ‘Russian blackmail’ -- The Guardian  

EU urges countries to reduce gas demand by 15% amid threat of Russian cuts -- DW  

EU told to prepare for Russian gas shut-off -- BBC

Factbox: Europe's action in case Russian gas supply stops -- Reuters

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