[NEWS IN-DEPTH] European gas prices hit record high as Russia withholds gas from Yamal-Europe pipeline
러시아서 독일로 가는 야말-유럽 가스관 공급 중단
Russia has held back gas deliveries to Europe amid political tensions over Ukraine.
Also, delays in the certification of a pipeline supplanting the main existing path which runs through Ukraine.
The move seems to hand President Vladimir Putin potential leverage over Europe’s energy security.
This is happening when the U.S. has long lobbied for more LNG exports to Germany.
For a deeper analysis of the developments, we have Professor Mason Richey from Hankuk University of Foreign Studies.
Many thanks for joining us.
Russia has withheld the Yamal-Europe pipeline since early on Tuesday.
What are the assumed reasons behind this?
Europe reportedly has very little storage buffer.
What kind of impact will there be if these countries fail to reach an agreement with Russia?
Russia’s Gazprom supplies gas in line with requests from consumers and in full compliance with contractual obligations.
– What are the contractual obligations that Moscow expects from European countries?
– Are there any political implications?
The political tensions over Ukraine.
What are the factors leading up to this point,
and what’s the latest in this standoff centering around the U.S. and Russia?
Russian troop buildup on the Ukrainian border continues despite warnings from the U.S. and its allies.
Can Russia and NATO come to an agreement?
Prof. Mason Richey thank you for sharing your insights with us.
#Europe #gas #Russia
2021-12-23, 19:00 (KST)
