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Determined to end the use of gas by Russia as a means of blackmail, as she calls it, the President of the European Commission, Ursula von der Leyen, reacted after the interruption of gas supplies to Bulgaria and Poland, saying that the fact that the Russian giant “Gazprom is unilaterally banning gas deliveries to consumers in Europe. It is another attempt by Russia to use gas as an instrument of pressure.”
From the Lion: This is unjustified and unacceptable and shows once again Russia’s unreliability as a gas supplier. We are prepared for this scenario. We are in close contact with all member states. We have worked to ensure alternative shipments and the best possible reserve levels across the EU.
Following Gazprom’s announcement this morning, one of the big questions that arises is whether other exporters of gas used by Europe are capable of increasing production. Vaar Energi says it is currently in production capacity and can in no way add to it in the near future. It is now sending as much gas as it can to the old continent.
Norway is a key gas supplier to the European Union. in 2020, it exported more gas to the bloc than any country other than Russia. Other countries that can replace Russian gas are the US, one of the largest exporters of liquefied natural gas in the world, but the problem is that terminals are needed for its LNG, Qatar which is also in production limits, Algeria that needs to first fulfill some contractual agreements or Azerbaijan, which in the meantime has a significant increase in its domestic demand.
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