Is the EU deal with Israel and Egypt a way out from Russian gas?
2 years, 6 months ago

Is the EU deal with Israel and Egypt a way out from Russian gas?

Al Jazeera  

Critics argue that the EU will face problems dealing with Israel and Egypt despite Brussels’s enthusiasm. At the ceremony, held at a five-star hotel in Cairo on Wednesday, von der Leyen hailed the deal as a “historic step” away from Russian energy and towards a “green transition”. The memorandum of understanding concerning the delivery of natural gas through Egypt, where the gas will be liquefied before being shipped to Europe, would put “an end to dependence on Russian fossil fuels” as it seeks to distance itself following the invasion of Ukraine, according to von der Leyen. On a visit to Israel on Tuesday, von der Leyen said Russia’s “attempt to blackmail us through energy” had led the EU to turn to “trustworthy suppliers”. On May 30, Karine Elharrar, the Israeli energy minister, tweeted that Israel was engaging “in efforts to assist Europe” by “embarking on the fourth Israeli natural gas exploration”.

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History of this topic

EU agrees to cut natural gas use amid Russian supply fears
2 years, 4 months ago

EU agrees to cut natural gas use amid Russian supply fears

Associated Press  

BRUSSELS — European Union governments agreed Tuesday to reduce consumption of natural gas this winter to protect themselves against any further supply cuts by Russia amid its invasion of Ukraine, although the measure contains exemptions for some countries. The energy ministers approved the compromise legislation a day after Russian energy corporation Gazprom said it would cut gas flows through the …

EU reaches deal to ration gas amid Russian cut-off fears
2 years, 4 months ago

EU reaches deal to ration gas amid Russian cut-off fears

India TV News  

Highlights The new legislation entails voluntary national steps to reduce gas consumption An energy giant said it would limit supplies to EU through the Nord Stream 1 pipeline The energy squeeze is also reviving decades-old political tests for Europe over policy coordination European Union governments agreed Tuesday to ration natural gas this winter to protect themselves against any further supply …

Explained: Can Europe survive if Russia cuts off natural gas supply?
2 years, 5 months ago

Explained: Can Europe survive if Russia cuts off natural gas supply?

Firstpost  

Before the Ukraine war, Russia supplied some 40 per cent of Europe’s natural gas before the war. Russia has already slashed Europe’s flows of natural gas used to power factories, generate electricity and heat homes in the winter, and Putin warns they could keep dwindling. Russia supplied some 40 per cent of Europe’s natural gas before the war. The head …

Russia-Ukraine war could derail a renewable energy future
2 years, 5 months ago

Russia-Ukraine war could derail a renewable energy future

Hindustan Times  

On February 24, 2022, Russia declared war on its neighboring country, Ukraine. Despite the warning of a potential economic recession by 2030, Germany, as the main European beneficiary of these Russian exports and the largest European economy announced during the early days of the war, that it will stop its Russian oil imports by end of this year followed by …

European leaders ink energy deals in bid to sidestep Russia
2 years, 5 months ago

European leaders ink energy deals in bid to sidestep Russia

Associated Press  

ROME — European leaders ramped up their push to secure alternative energy supplies Monday as fears escalate of a complete natural gas cutoff by Russia, with the leaders of Italy, France and the European Union sealing deals with their counterparts in Algeria, Azerbaijan and the United Arab Emirates. Algerian President Abdelmadjid Tebboune said a $4 billion deal would be signed …

Russia again cuts natural gas exports thru European pipeline
2 years, 6 months ago

Russia again cuts natural gas exports thru European pipeline

Associated Press  

BERLIN — Russia’s Gazprom announced a reduction in natural gas flows through a key European pipeline for the second day in a row Wednesday, creating further energy turmoil for Europe as it tries to reduce its extensive use of Russian oil and natural gas amid the war in Ukraine. The new cut came a day after Gazprom said it would …

Egypt, Israel to boost gas supply to EU amid Ukraine war
2 years, 6 months ago

Egypt, Israel to boost gas supply to EU amid Ukraine war

Associated Press  

CAIRO — Egypt, Israel and the European Union on Wednesday signed a deal to increase liquified natural gas sales to EU countries, who aim to reduce their dependence on supplies from Russia as the war in Ukraine drags on. The deal, stamped in an upscale Cairo hotel, will see Israel send more gas via Egypt, which has facilities to liquify …

Egypt, Israel to boost gas supply to European Union amid Ukraine war
2 years, 6 months ago

Egypt, Israel to boost gas supply to European Union amid Ukraine war

The Hindu  

Egypt, Israel, and the European Union on June 15 signed a deal to increase liquified natural gas sales to European Union countries, who aim to reduce dependence on supply from Russia as the war in Ukraine drags on. “The deal, stamped in a five-star Cairo hotel, will see Israel sending more gas via Egypt, which has facilities to liquify it …

EU signs gas deal with Israel, Egypt in bid to ditch Russia
2 years, 6 months ago

EU signs gas deal with Israel, Egypt in bid to ditch Russia

Al Jazeera  

The tripartite agreement will allow ‘significant’ exports of Israeli gas to Europe for the first time. The deal, finalised on Wednesday at the East Mediterranean regional energy conference in Cairo, will allow “significant” exports of Israeli gas to Europe for the first time, the Israeli energy ministry said. “What a special moment,” European Commission chief Ursula von der Leyen said …

EU looks to east Mediterranean as gas alternative to Russia
2 years, 6 months ago

EU looks to east Mediterranean as gas alternative to Russia

Associated Press  

JERUSALEM — European leaders visiting Israel on Tuesday expressed hope that natural gas supplies from the eastern Mediterranean could help reduce dependence on Russia as the Ukraine war drags on. “On the energy front, we will work together in using gas resources of the eastern Mediterranean and to develop renewable energy,” Italian Prime Minister Mario Draghi said at a joint …

Serbia secures gas deal with Putin, as West boycotts Russia
2 years, 6 months ago

Serbia secures gas deal with Putin, as West boycotts Russia

Al Jazeera  

Serbian president refuses to explicitly condemn Russian invasion of Ukraine, has not joined Western sanctions on Moscow. Serbia’s President Aleksandar Vucic has announced that he has secured an “extremely favourable” three-year natural gas supply deal with Russia, amid efforts by the European Union to phase out Russian energy supplies. As the war in Ukraine rages, Serbia’s president has announced that …

Putin gas cutoff shakes up Europe at little cost to Kremlin
2 years, 7 months ago

Putin gas cutoff shakes up Europe at little cost to Kremlin

Associated Press  

BRUSSELS — Cutting off natural gas to Poland and Bulgaria cost Russian President Vladimir Putin very little — but it is adding stress on European countries wrestling with how to reduce the energy imports feeding the Kremlin’s war chest and how to keep a united front on the war in Ukraine. European Union officials say yielding to Putin’s demand to …

Russian gas crisis: 5 things to know about Europe’s supply
2 years, 7 months ago

Russian gas crisis: 5 things to know about Europe’s supply

Al Jazeera  

Russia is cutting gas supplies to Poland and Bulgaria, and is threatening to cut off other countries in Europe. Russia’s energy company Gazprom says it is halting natural gas supplies to Poland and Bulgaria, escalating tensions between the Kremlin and Europe over its energy supply and the widening fallout from Moscow’s war in Ukraine. Still, Moscow’s announcement has sent shudders …

German bosses, unions jointly oppose boycott of Russian gas
2 years, 8 months ago

German bosses, unions jointly oppose boycott of Russian gas

Associated Press  

BERLIN — Germany’s employers and unions have joined together in opposing an immediate European Union ban on natural gas imports from Russia over its invasion of Ukraine, saying such a move would lead to factory shutdowns and the loss of jobs in the bloc’s largest economy. “A rapid gas embargo would lead to loss of production, shutdowns, a further de-industrialization …

Will Russia use its gas to ‘blackmail’ Europe? We’re about to find out
2 years, 8 months ago

Will Russia use its gas to ‘blackmail’ Europe? We’re about to find out

CNN  

London CNN Business — In the weeks since Russia invaded Ukraine, Moscow has continued to ship natural gas westward and Europe has used the energy to power industry and heat homes. Germany, Russia’s biggest energy customer in Europe, has dismissed Putin’s directive as “blackmail.” “A payment with rubles is not acceptable,” German economy minister Robert Habeck said Monday, adding that …

EU leaders reach compromise on energy after long debate
2 years, 8 months ago

EU leaders reach compromise on energy after long debate

Associated Press  

BRUSSELS — European Union leaders struggled for hours Friday to find a compromise on a deal aimed at curbing energy prices that have gone through the roof and hurt households and businesses across the 27-nation bloc. Leaders, however, did agree on a proposal from the European Commission to move toward the joint purchase of natural gas and ensuring that the …

US, EU announce plan to reduce European reliance on Russian gas
2 years, 9 months ago

US, EU announce plan to reduce European reliance on Russian gas

Al Jazeera  

A new joint task force to work on slashing the bloc’s dependence on Russian fossil fuels. The United States and the European Union have unveiled a plan to reduce Europe’s dependence on Russian fossil fuels following the invasion of Ukraine. US President Joe Biden and European Commission President Ursula von der Leyen announced the creation of the joint task force …

EU commits to phasing out dependency on Russian fossil fuels
2 years, 9 months ago

EU commits to phasing out dependency on Russian fossil fuels

Associated Press  

BRUSSELS — The European Union is seeking to fully phase out its reliance on Russian energy “well before 2030” to ensure the 27-nation bloc no longer faces difficult decisions about hurting their own economies in geopolitical crises like the invasion of Ukraine. The EU leaders meet in Versailles outside Paris for a two-day summit starting Thursday and will be working …

EU to commit to phasing out dependency on Russian energy
2 years, 9 months ago

EU to commit to phasing out dependency on Russian energy

The Hindu  

The European Union is committed to phasing out its dependency on Russian energy as soon as possible to ensure the 27-nation bloc no longer faces difficult decisions about hurting their own economies in geopolitical crises like the invasion of Ukraine. “We agreed to phase out our dependency on Russian gas, oil and coal imports,” said a draft of the summit …

U.S., EU to cooperate on energy security
2 years, 10 months ago

U.S., EU to cooperate on energy security

The Hindu  

The U.S. and European Union said on Friday they are working together to source alternative supplies of natural gas to protect the EU in case key energy supplier Russia retaliates against sanctions. They are “working jointly towards continued, sufficient, and timely supply of natural gas to the EU from diverse sources across the globe to avoid supply shocks, including those …

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