Ukraine crisis jolts Europe to push for secure energy supply
2 years, 10 months ago

Ukraine crisis jolts Europe to push for secure energy supply

Associated Press  

MADRID — Surging energy prices and the Russia-Ukraine conflict are making European leaders think hard about energy security — particularly their decades-old reliance on Moscow for natural gas. An advisory group to coordinate the EU’s gas supply security was meeting Tuesday because “it’s important that contingency plans are ready for the worst-case scenario,” she said. She accused Russia’s state-owned gas giant Gazprom of “deliberately trying to store and deliver as little as possible while prices and demand are skyrocketing.” Russia has fulfilled long-term contracts but failed to sell additional gas on the spot market, while pushing for German approval of its contentious Nord Stream 2 pipeline as a way to solve Europe’s gas squeeze. “We are aware about the low resources of gas in European countries,” Russian Energy Minister Nikolai Shulginov said Tuesday at a forum of gas producers in Qatar, according to a provided English translation. “This approach of adding more gas to the grid to solve the energy supply issue is a little bit like adding another lane to a highway to solve the traffic issue: more cars come in and it gets even more complicated.” “Getting unhooked from Russia and hooked to the U.S., I don’t think it’s going to solve any of the EU’s energy security issues,” she said.

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