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European Commission warns of potential ‘worst-case scenario’ as Russia-Ukraine gas deal ends

Stopping gas transit from the Russian Federation through Ukraine at the end of the year will reduce the volume of fuel by 5%, which in the event of a prolonged cold spell will be a worst-case scenario for countries dependent on supplies. Politico wrote about this, citing a confidential document compiled by the European Commission.

“If this loss is accompanied by a prolonged cold spell, it could create a ‘worst-case’ scenario for countries dependent on gas transit through Ukraine,” it says in the material publications It is noted that the loss of supplies through Ukraine threatens to increase gas import costs due to the search for alternative routes, and the cost of gas storage will make this diversification more difficult and expensive. The article added that Hungary, Slovakia and Austria are likely to face the greatest consequences.

Earlier, European Commission representative Tim McPhee said that the EC is working on complete refusal from Russian gas supplies through the territory of Ukraine. According to him, work is underway to ensure that countries can receive gas through other gas pipelines. URA.RU wrote about what will it lead to stopping gas transit. An independent expert on the international hydrocarbon market, Vladimir Demidov, noted that in this case Moldova would be left without gas.

#suffer #due #stop #gas #transit #Ukraine #Politico
2024-03-03 07:43:00

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