Europe intends to refuse from Russian gas

Europe intends to refuse from Russian gas

while preparing the 14 sanctions package
the EU is discussing tiing sanctions
against the Russian gas industry as
Bloom right certain sources this will
concern key Russian lergy chains and gas
reexport through European ports the EU
has already measures in place that allow
individual EU member states to block gas
supplies on a voluntary basis however
this did not bring any significant
results since the existing flows are
associated with long-term contracts the
goal would be to further hit Russia’s
LNG supply chain and future revenues at
projects like Arctic LNG 2 the USD luga
LNG terminal and the morans plant some
of Russia’s LNG projects that would be
targeted by the measures already face
some restrictions on equipment used for
liquifaction for example and other
Technologies and services from a
publication by Bloomberg agency future
restrictions will not include a ban on
purchasing fuel for usage within the EU
this is due to the fact that some
countries are still dependent on Russian
gas supplies according to the European
Agency for the corporation of energy
Regulators Russia supplies about 18
billion cubic meters of LNG to European
ports Lithuanian lva Estonia and Poland
proposed to include embargo on Russian
gas in the 13th package of sanctions
experts argue that due to the
stabilization of the energy Market the
inclusion of Germany and Sweden in this
discussion could radically changed the
situation dependence on Russian gas
immediately became a political issue and
we have been dealing with energy
security issues from the very beginning
electricity prices generation prices and
trading in the electricity Market are
Fallen significantly we have reached pre
crisis levels this also applies to
Industrial electricity prices the graphs
show that sins are looking up and this
upward Trend should not be questioned
according to to experts due to the
decline in LNG prices good conditions
have now emerged that will allow Europe
to easily change the source of liquidi
gas inputs according to gas
infrastructure Europe the average
fullness of gas storage facilities in
the EU is 62% the largest impor of
Russian LNG is Spain Russia provides a
quarter of this country’s gas needs even
with these figur Spanish storage
capacity is 82% analysts argue that
Russia’s place in the LG Market may be
taken by countries with which the EU is
already actively
cooperating the substitution is already
happening the markets are open for this
we have the United States of America
which supplied lmg to Europe very
actively this of course includes the
Persian Gulf countries this includes
Cotter the situation with gas is a
little better than with oil because
those who Supply gas don’t have such a
criminal Association as a pack plus the
grman has already called sanctions
against Russian LNG a continuation of
squeezing the Russian Federation out of
energy Market they say that this will
lead to a transition to more expensive
markets do Val analyst argued that
redirecting flows from Europe to Asia
will lead to transport costs according
to them this process will not only be
more expensive but also less safe
reported by Dan kesik andreco uatv news

The next round of European sanctions on Russia is expected to include restrictions on Russian liquefied natural gas for the first time. We are also talking about introducing sanctions against 3 Russian LNG projects, the implementation of which has not yet begun. Voice of America writes about this, citing sources in the EU.
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