Providing gas to Russia was a major challenge for the EU, which before the war in Ukraine had received 40% of its gas supplies from Russia. This number has now fallen to 26%.
Europe is developing contingency plans as a result of Russia’s complete cessation of gas imports. This was stated by EU Energy Commissioner Kadri Simson from Estonia, the Financial Times reported on Friday, May 27th.
The EU is in a hurry to pump as much gas into storage as possible and could replace most of Russia’s supplies this year, he said, but it will need to do more if there is a “complete shutdown” of supplies.
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The plans developed by the European Commission will include measures to ration gas supplies to industrial enterprises, while not limiting households.
Russia’s Gazprom is known to have cut off gas supplies to Poland, Bulgaria and Finland for refusing to comply with the Kremlin’s request that their charges be paid in rubles instead of euros or dollars.
“We are faced with a situation where any Member State could be the next to cut,” Simson said in an interview. unity of neighbors. This year, if it turns out to be a total failure, we are preparing contingency plans. “
The industry consumes 27% of gas in the EU, of which the largest consumers are the chemical, ceramics, food and glass industries.
Simson urged bloc members to prepare to replace two-thirds of Russia’s gas this year, as the European Commission had previously promised to do, expressing optimism about efforts to obtain alternative supplies.
This year, the EU received a record supply of liquefied natural gas, allowing the replenishment of underground storage facilities to begin. As of May 25, UGSFs were 44% full compared to 36% last year.
Simson said EU countries are rapidly increasing their processing capacity for LNG, which is delivered by tankers.
Russia’s gas diversion is a major challenge for the EU, which, before the war with Ukraine, received 40% of its gas supplies from Russia. This number has now fallen to approximately 26%.
Simson said that by the end of the year, Europe had set a goal to reduce this number to 13%. During that time, Member States will open or expand fixed or floating LNG terminals to handle 19 bcm annually. Last year, Russia provided 155 billion cubic meters of gas.
The Estonian European Commissioner said Brussels was hoping for more gas from the US and Norway and was in talks with new suppliers.
“We are working with Egypt and Israel and hope that before the summer we will have bilateral agreements with them. We plan to continue our energy dialogue with Algeria,” he said.
Recall, on May 18, the EU approved a plan to remove energy from Russia. 300 billion euros will be spent for these purposes.
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Source: korrespondent
I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.