CNBC: What if Russia turns off the gas? Europe assesses its options as fears mount over Ukraine crisis
* For several months, Russia has been accused of intentionally disrupting gas supplies to leverage its role as a major energy supplier to Europe amid an escalating dispute with Ukraine.
* The Kremlin has repeatedly disputed claims it is using gas as a geopolitical weapon, with Gazprom saying it has fulfilled its contractual obligations to customers.
* Now, as tensions reach a fever pitch between Russia, Ukraine and the West, energy analysts are deeply concerned about the risk of full supply disruption to the EU.
Escalating tensions between Russia, Ukraine and the West have heightened concern about the future of Russian gas flows to the European Union, with lawmakers and energy providers scrambling to prepare contingency plans.
It comes as President Joe Biden warns there is a “distinct possibility” Russia could invade Ukraine as soon as next month and as the Kremlin says there is “little ground for optimism” after the U.S. rejected its main demands to resolve the crisis. Russia has amassed an estimated 100,000 troops near the border of Ukraine but denies planning to enter the former Soviet republic.
Read more ....
WNU Editor: The US is now admitting that replacing Russian energy exports will be difficult .... U.S. Admits Finding Non-Russian Gas For Europe Is A Challenge (OilPrice.com).
I disagree.
Replacing Russian natural gas and oil supplies is feasible, but it is going to take time and it is going to be very very very expensive.
More News On Europe Assessing Its Options If Russia Turns Off The Gas
Global coal prices surge as Ukraine tensions worsen supply woes -- Reuters
Russian gas supply halt would deal EU economic hit: report -- Euractiv
Azerbaijan Is Ready To Supply Natural Gas To Europe -- National Interest
Australia Offers Gas to Europe as Russia-Ukraine Tensions Mount -- VOA
Qatar in talks to supply gas to Europe if Russia cuts supplies -- The Guardian
Europe can only partially replace Russian gas -- Euractiv
Can Europe survive without Russian gas? -- RT
Energy crisis: where could Europe’s gas come from if Russia cuts exports? -- The Guardian
Factbox: What are Europe's options in case of Russian gas disruption? -- Reuters
Europe should not seek help from a sick, sick United States. The Democrats are large and in charge.
ReplyDeleteMichael Avenatti quizzes Stormy Daniels on her line of lube, her ability to talk to the dead, and her tweets about him being 'a**-raped in prison', as he continues bizarre cross-examination of his former client
Michael Avenatti: Future Presidential Candidate?
Attorney Michael Avenatti
“After consultation with my family and at their request, I have decided not to seek the Presidency of the United States in 2020.” (statement; December 4, 2018)
Merkel's legacy is going to be lasting. She single handedly brought in millions of muslims to Europe. The demographic, criminal and social costs will only grow.
ReplyDeleteMerkel refused a very strong offer of US LNG to Germany and Europe. Instead she bargained building a LNG terminal in exchange for Trump dropping opposition to NS2. Germany had it built those terminals would be in a far better position today.
It's almost like Merkel was acting on orders from a foreign power.
1:53: She was! The same puppet masters who set the globalist agenda for the other Western countries. Just as the shit for brains who took her place.
ReplyDelete