EU Ready if Russia Turns Off Gas Supplies, Says Paolo Gentiloni
2 years, 3 months ago

EU Ready if Russia Turns Off Gas Supplies, Says Paolo Gentiloni

News 18  

EU Economy Commissioner Paolo Gentiloni said Saturday that the European Union was “well prepared” in the event of a total halt in Russian gas deliveries, thanks to storage capacity and energy-saving measures. “We are well prepared to resist Russia’s extreme use of the gas weapon,” he told reporters on the sidelines of an economic forum organised by The European House – Ambrosetti. Russian gas giant Gazprom said Friday that the Nord Stream pipeline linking Russia to northern Germany, which was due to resume service Saturday after a three-day interruption for maintenance operations, would be “completely” stopped until a turbine is repaired. European Commission chief Ursula von der Leyen said Friday that “it would be time” to put a ceiling on the price of gas imported via the pipeline from Russia, backing a measure advocated by Italian Prime Minister Mario Draghi.

Russia Gas Russian Gentiloni Eu Ready  paolo  ukraine  thanks  storage  gentiloni  turns  russias  european  price  prepared  supplies  russia  union  eu  ready  gas

History of this topic

European Gas Swings With Clock Ticking for Transit Deal Expiry
2 days ago

European Gas Swings With Clock Ticking for Transit Deal Expiry

Live Mint  

-- European natural gas prices fluctuated near €44 a megawatt-hour with little over a week left until the expiry of a key pipeline transit deal between Russia and Ukraine. Putin Meets Slovakia’s Fico in Moscow Before Gas Deal Expiry Ukrainian President Volodymyr Zelenskiy last week indicated Ukraine won’t transit Russian-origin gas unless he has assurances the Kremlin won’t benefit financially …

The 'Most Vulnerable Country' To Russian ‘Blackmail’ Braces For Trump’s Return
3 weeks, 3 days ago

The 'Most Vulnerable Country' To Russian ‘Blackmail’ Braces For Trump’s Return

Huff Post  

LOADING ERROR LOADING Europe is bracing for another energy crisis this winter, teeing up a high-stakes early test of how a newly inaugurated Trump administration will attempt to balance efforts to reset relations with Russia against the needs of U.S. allies seeking fuel to stay warm during what’s forecast to be an unusually cold season. Few places will feel the …

French imports of Russia's liquified natural gas surge, and Ukraine supporters seek a stop
4 months, 2 weeks ago

French imports of Russia's liquified natural gas surge, and Ukraine supporters seek a stop

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

German energy boss warns: Don’t let guard down on gas supply
1 year, 10 months ago

German energy boss warns: Don’t let guard down on gas supply

Associated Press  

BONN, Germany — The temperature outside Klaus Mueller’s office almost resembles spring, exactly the kind of mild weather that helped Germany get through the winter without Russian natural gas. Mueller would only concede that he’s “optimistic” this winter will end without a further gas crunch, especially after Germany cut gas use by 14% in 2022 through lowering thermostats, switching to …

Europe has staved off energy collapse despite Russia’s gas cutoff. But is the crisis over?
1 year, 11 months ago

Europe has staved off energy collapse despite Russia’s gas cutoff. But is the crisis over?

LA Times  

Europe has dodged an energy apocalypse this winter, economists and officials say, thanks to unusually warm weather and efforts to find other sources of natural gas after Russia cut off most of its supply to the continent. In Germany, Europe’s largest economy, the government passed gas and electricity price caps allowing small businesses and consumers to buy 80% of their …

Europe has avoided energy collapse. But is the crisis over?
1 year, 11 months ago

Europe has avoided energy collapse. But is the crisis over?

Associated Press  

FRANKFURT, Germany — Europe has dodged an energy apocalypse this winter, economists and officials say, thanks to unusually warm weather and efforts to find other sources of natural gas after Russia cut off most of its supply to the continent. In Germany, Europe’s largest economy, the government passed gas and electric price caps allowing small businesses and consumers to buy …

German regulator: winter gas shortage increasingly unlikely
1 year, 11 months ago

German regulator: winter gas shortage increasingly unlikely

Associated Press  

BERLIN — Germany’s network regulator said Thursday that a gas shortage is “increasingly unlikely” this winter, but cautioned that it remains important to use the fuel sparingly. The Federal Network Agency said in its daily report that it views the situation as “less tight than at the beginning of the winter.” It had described the situation as “tight” since Russia …

EU hails high gas storage levels despite Russian cuts
1 year, 11 months ago

EU hails high gas storage levels despite Russian cuts

Associated Press  

BRUSSELS — Natural gas storage levels in the European Union stand at nearly 84% and were higher in December than the average amount in reserve 4-6 years ago, the EU’s executive branch said Wednesday, despite Russian attempts to choke off supplies amid its war on Ukraine. Fearing winter shortages, the 27 EU countries began stocking up on gas last year. …

EU ministers fail again on gas price cap to contain costs
2 years ago

EU ministers fail again on gas price cap to contain costs

Associated Press  

BRUSSELS — European Union energy ministers failed yet again to overcome their deep differences Tuesday on a natural gas price cap that many hope would make utility bills cheaper so people can stay a little warmer during harsh winter days — if not this year, then later. One side is demanding a cap to push down gas prices for households …

Europe's import of Russian gas jumps 42% amid Russia-Ukraine war: Report
2 years ago

Europe's import of Russian gas jumps 42% amid Russia-Ukraine war: Report

Hindustan Times  

The European Union witnessed a 42 percent increase in the imports of Russian Liquefied Natural Gas between January-October, compared to the same period last year, Financial Times reported. The report said that EU has imported 62.1 billion cubic meters of natural gas this year compared to 17.8 billion cubic meters last year. This comes as Lithuanian Foreign Minister Gabrielius Landsbergis …

Europe urged to save natural gas to avoid shortage next year
2 years, 1 month ago

Europe urged to save natural gas to avoid shortage next year

Associated Press  

FRANKFURT, Germany — Europe could face a severe natural gas shortage next year and needs to act now to reduce use, the International Energy Agency said in a report Thursday, warning against complacency in an energy crisis triggered by Russia’s war in Ukraine after countries were able to build up storage of the fuel to heat homes and generate electricity …

Putin’s gas strategy is doomed to fail
2 years, 1 month ago

Putin’s gas strategy is doomed to fail

Al Jazeera  

As Russia continues to unleash devastating attacks on Ukrainian civilian infrastructure, Europe is weighing up a future without Russian gas. The other route is via Turkey’s TurkStream pipeline and its Bulgarian extension, Balkan Stream, through which Russian gas is delivered to Serbia and Hungary. Russia’s atrocities will continue to incentivise moves towards the measure and while the EU has never …

Gas crunch eases in Europe — but the respite might not last
2 years, 1 month ago

Gas crunch eases in Europe — but the respite might not last

Associated Press  

FRANKFURT, Germany — Natural gas and electricity prices in Europe have plunged from summer peaks thanks to mild weather and a monthslong scramble to fill gas storage ahead of winter and replace Russian supplies during the war in Ukraine. The good news is natural gas prices on Europe’s TTF benchmark fell on Monday below 100 euros per megawatt-hour for the …

EU ministers delay for a month decision on more energy unity
2 years, 1 month ago

EU ministers delay for a month decision on more energy unity

Associated Press  

BRUSSELS — European Union nations on Tuesday gave themselves yet another month to overcome deep differences on groundbreaking measures to shield their citizens from the energy crisis. But because fluctuating global energy markets and different energy mixes among member states — ranging from nuclear to natural gas and other fossil fuels — make smart, lightning-quick decisions wickedly difficult, “many countries, …

Ukraine War Fallout: Is Energy Crisis Imminent in Europe? - News18
2 years, 2 months ago

Ukraine War Fallout: Is Energy Crisis Imminent in Europe? - News18

News 18  

The Russia-Ukraine conflict, euphemistically called a “special military operation” by Russia when it launched the offensive, more than seven months ago was not expected to last more than a few days or weeks. Despite alarm bells from a January 2009 crisis that led to the disruption of Russian gas transiting through Ukraine for two weeks, and Russia’s annexation of Crimea …

EU faces battle to keep energy prices from weakening economy
2 years, 2 months ago

EU faces battle to keep energy prices from weakening economy

LA Times  

European Union leaders enter a crucial stretch this week to make sure runaway energy prices and short supplies don’t further tank their struggling economies and foment unrest. Leading up to Thursday’s start of a key summit, the European Commission, the bloc’s executive branch, proposed a blueprint on Tuesday that needs to reconcile the yawning gap between those who want to …

‘No waiting': Turkey, Russia to act on Putin’s gas hub offer
2 years, 2 months ago

‘No waiting': Turkey, Russia to act on Putin’s gas hub offer

Associated Press  

ANKARA, Turkey — Turkish President Recep Tayyip Erdogan said Friday that Turkey and Russia have instructed their respective energy authorities to immediately begin technical work on a Russian proposal that would turn Turkey into a gas hub for Europe. Erdogan said Russian and Turkish energy authorities would work together to designate the best location for a gas distribution center, adding …

Putin says Russia could increase gas supplies to Europe
2 years, 2 months ago

Putin says Russia could increase gas supplies to Europe

Associated Press  

MOSCOW — Russian President Vladimir Putin said Wednesday that Moscow is ready to resume gas supplies to Europe via a link of the Germany-bound Nord Stream 2 pipeline under the Baltic Sea — an offer quickly rejected by Berlin. As for Putin’s comments, she said: “Nice try.” Asked if she would rule out the use of Nord Stream 2, Hoffmann …

Russia's threat to cut off the EU's energy supplies sees Europe scrambling for Africa's gas
2 years, 2 months ago

Russia's threat to cut off the EU's energy supplies sees Europe scrambling for Africa's gas

ABC  

A new liquefied natural gas project off Africa's west coast may only be 80 per cent complete, but already the prospect of a new energy supplier has drawn visits from the leaders of Poland and Germany. Key points: Europe is turning to resource-rich African countries as it looks to lessen its dependence on Russian gas African leaders across the continent …

Putin offers to boost gas supplies to Europe via Nord Stream 2
2 years, 2 months ago

Putin offers to boost gas supplies to Europe via Nord Stream 2

Al Jazeera  

Russian leader says mothballed pipeline can ferry energy exports west if it is proven safe following a spate of recent explosions. Russian President Vladimir Putin has said Moscow is ready to resume gas supplies to the European Union via a link of the Germany-bound Nord Stream 2 pipeline under the Baltic Sea – an offer quickly rejected by Berlin. The …

Russia ready to resume gas supplies to Europe: Vladimir Putin
2 years, 2 months ago

Russia ready to resume gas supplies to Europe: Vladimir Putin

India TV News  

Russia on Wednesday said it is ready to supply gas to the European nations via a link of The Nord Stream 2 pipeline. Russian President Vladimir Putin, who was present at an energy forum in Moscow, accused the U.S. of being the one behind the tampering with the Nord Stream pipeline. “The act of sabotage of the Nord Stream 1 …

European Union leaders struggle to bridge gas price cap divide
2 years, 2 months ago

European Union leaders struggle to bridge gas price cap divide

The Hindu  

European Union leaders converged on Prague Castle, on October 7, to try to bridge significant differences over a natural gas price cap as winter approaches and Russia's war on Ukraine fuels a major energy crisis. A group of 15 member countries has urged the EU's executive branch, the European Commission, to propose a cap on gas prices as soon as …

Experts: Europe faces ‘unprecedented risk’ of a gas shortage
2 years, 2 months ago

Experts: Europe faces ‘unprecedented risk’ of a gas shortage

Associated Press  

Europe faces “unprecedented risks” to its natural gas supplies this winter after Russia cut off most pipeline shipments, the International Energy Agency said Monday, warning that European nations could wind up competing with Asia for already scarce and expensive liquid gas that comes by ship. The Paris-based IEA said in its quarterly gas report that the European Union’s 27 countries …

EU nations struggle to find joint approach on energy prices
2 years, 3 months ago

EU nations struggle to find joint approach on energy prices

Associated Press  

BRUSSELS — European Union nations struggled to find full consensus Friday on ways to shield the population from dramatically increasing energy prices that threaten to plunge millions into cold and poverty over the winter as Russia chokes off natural gas supplies. While EU members are most interested in lowering prices and getting enough gas, “the commission aimed at limiting Russia’s …

EXPLAINER: Europe struggles to cope with Russia gas shutoffs
2 years, 3 months ago

EXPLAINER: Europe struggles to cope with Russia gas shutoffs

Associated Press  

FRANKFURT, Germany — Europe is facing an energy crisis that is squeezing ordinary people’s finances and in just a few weeks could mushroom into rolling blackouts and factory shutdowns. Here is the latest on Europe’s efforts to avoid a total energy disaster: DID RUSSIA CUT OFF GAS TO EUROPE? There’s still some Russian gas flowing to Europe through a pipeline …

Ukraine's Zelensky's “good news” on settlements recaptured from Russia
2 years, 3 months ago

Ukraine's Zelensky's “good news” on settlements recaptured from Russia

Hindustan Times  

Ukrainian leader Volodymyr Zelensky spoke of "good news" on the battlefields of eastern Ukraine, saying his army had retaken some towns and villages from Russia in what open source analysts said looked like a deep and sudden thrust behind Russian lines. In his daily late night address on Wednesday, President Zelensky said he had received news that his forces had …

EU wants price cap on Russian gas, energy companies to pay
2 years, 3 months ago

EU wants price cap on Russian gas, energy companies to pay

Associated Press  

BRUSSELS — European Union countries should set a price cap on Russian natural gas and seek a “solidarity contribution” from European oil and gas companies making extraordinary profits as the war in Ukraine drives up energy costs, European Commission President Ursula von der Leyen said Wednesday. “We are facing an extraordinary situation, because Russia is an unreliable supplier but also …

Explained: Europe's looming energy crisis as Russia chokes gas supply
2 years, 3 months ago

Explained: Europe's looming energy crisis as Russia chokes gas supply

Firstpost  

With the halt in the Nord Stream 1 pipeline, Russian gas shipments have fallen 89 per cent from a year ago. Russia used to supply 40 per cent of Europe’s natural gas, and even more to Germany, where inexpensive energy was a pillar of the economy. There’s still some Russian gas flowing to Europe through a pipeline passing through Ukraine …

Putin threatens to ‘freeze’ Europe with total energy cut-off
2 years, 3 months ago

Putin threatens to ‘freeze’ Europe with total energy cut-off

The Telegraph  

Vladimir Putin has threatened to “freeze” Europe with a total shutdown of energy supplies if Brussels presses ahead with a price cap on Russian gas. “No gas, no oil, no coal, no fuel oil, nothing.” The European Commission is to ask countries to approve a broad cap on the price of Russian gas alongside mandatory cuts in electricity use, and …

EU plans to cap Russian gas price as Putin issues warning
2 years, 3 months ago

EU plans to cap Russian gas price as Putin issues warning

Al Jazeera  

‘We must cut Russia’s revenues which Putin uses to finance this atrocious war in Ukraine,’ European Commission President Ursula von der Leyen told reporters on Wednesday. The European Union has proposed a price cap on Russian gas just as Russia’s President Vladimir Putin warned that such a move would cause Moscow to cut off all energy supplies. “We will propose …

Russia demands sanctions are lifted before it resumes gas supplies
2 years, 3 months ago

Russia demands sanctions are lifted before it resumes gas supplies

The Telegraph  

We start the week with another surge in gas prices after Putin cut off supplies through the crucial Nord Stream pipeline. 5 things to start your day 1) Cut red tape on fracking to secure energy security, Liz Truss urged - She is expected to lift the ban on drilling 'within days' of becoming prime minister 2) Truss confirms belief …

E.U. ready if Russia turns off gas supplies, says economy commissioner Paolo Gentiloni
2 years, 3 months ago

E.U. ready if Russia turns off gas supplies, says economy commissioner Paolo Gentiloni

The Hindu  

Economy Commissioner Paolo Gentiloni said September 3 that the European Union was "well prepared" in the event of a total halt in Russian gas deliveries, thanks to storage capacity and energy-saving measures. Russian gas giant Gazprom said on September 2 that the Nord Stream pipeline linking Russia to northern Germany, which was due to resume service on September 3 after …

Russia completely halts gas supplies to Europe via Nord Stream 1 citing maintenance works
2 years, 3 months ago

Russia completely halts gas supplies to Europe via Nord Stream 1 citing maintenance works

Firstpost  

Gazprom, the Russian state-owned energy giant, said the restrictions on the pipeline, which runs from Russia to Germany via the Baltic Sea, will be suspended from 31 August to 3 September. New Delhi: Russia has completely halted gas supplies to Europe via Nord Stream 1 pipeline, citing maintenance on its only remaining compressor, said Gazprom, the Russian state-owned energy giant. …

Europe braces for Russia gas disruption this week
2 years, 3 months ago

Europe braces for Russia gas disruption this week

Live Mint  

Russia will shut its key Nord Stream natural-gas pipeline Wednesday for maintenance, leaving Europe guessing again about whether supplies will restart, as temperatures fall and demand for the fuel grows. Even if Nord Stream reopens Saturday as promised by Russian gas giant Gazprom PJSC, few Western politicians and economists think Europe will receive enough Russian natural gas next year because …

Italy’s natural gas storage is 80% full as prices hit record
2 years, 4 months ago

Italy’s natural gas storage is 80% full as prices hit record

Associated Press  

MILAN — Italy’s push to rapidly reduce its dependence on Russian natural gas has made the country less vulnerable to an interruption of supplies, Premier Mario Draghi said Wednesday, noting that gas storage is 80% full ahead of winter and on track to hit 90% by October. Taking a swipe at right-wing parties that advocate sovereignty, Draghi said energy reliance …

German gas storage 80% full, progresses despite Russian cuts
2 years, 4 months ago

German gas storage 80% full, progresses despite Russian cuts

Associated Press  

BERLIN — Germany’s natural gas storage facilities are now more than 80% full, showing steady progress despite a drastic reduction in deliveries from Russia amid the war in Ukraine. The head of Germany’s network regulator, Klaus Mueller, tweeted that storage is “being filled steadily” but cautioned that a planned three-day halt to deliveries through the Nord Stream 1 pipeline from …

What happens if Vladimir Putin blocks supplies of Russian gas to Europe this winter?
2 years, 4 months ago

What happens if Vladimir Putin blocks supplies of Russian gas to Europe this winter?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Portugal: EU eyes Iberia-Italy pipeline to get gas to Europe
2 years, 4 months ago

Portugal: EU eyes Iberia-Italy pipeline to get gas to Europe

Associated Press  

LISBON, Portugal — European authorities are considering a liquefied natural gas pipeline from Spain to Italy as a way of getting around France’s opposition to a gas link-up across the Pyrenees between the Iberian peninsula and central Europe, Portugal’s prime minister said Friday. Portugal and Spain could send a lot of the liquefied natural gas, or LNG, they receive from …

Europe can withstand Russia’s energy threats
2 years, 4 months ago

Europe can withstand Russia’s energy threats

Al Jazeera  

But it needs to urgently take some necessary – and at times politically risky – steps to secure alternative supplies. Russia’s brutal invasion of Ukraine and the consequent geo-economic war between the Kremlin and the West disrupted global gas markets at a scale unprecedented in recent history. The Kremlin’s use of its power over energy markets as leverage – and …

How EU plans to reduce gas use by 15% amid threat of Russia cutting off supply
2 years, 4 months ago

How EU plans to reduce gas use by 15% amid threat of Russia cutting off supply

Firstpost  

The energy ministers approved the legislation a day after Russian energy corporation Gazprom said it would cut gas flows through the Nord Stream 1 pipeline to Germany to 20 per cent of capacity starting Wednesday 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 …

EU countries to reduce gas use by 15% over threats of further supply cuts from Moscow
2 years, 4 months ago

EU countries to reduce gas use by 15% over threats of further supply cuts from Moscow

The Hindu  

European Union member countries agreed to lower their natural gas use by 15% between August and March, in order to prepare for further cuts in gas supply by Moscow. On Monday, Russian gas company Gazprom said it would cut supplies via the Russia-Germany Nord Stream I pipeline, to a fifth of capacity, as tensions continue to be high between Russia …

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 …

EU struggles with how to cut off its reliance on Russian gas
2 years, 4 months ago

EU struggles with how to cut off its reliance on Russian gas

Associated Press  

BRUSSELS — European Union nations struggled Monday to find common ground on how to wean the bloc off its reliance on Russian natural gas, seeking to appease wary, stressed consumers at home while upholding unity as Moscow turns down the tap. Ukrainian President Volodymyr Zelenskyy on Monday called Russia’s cuts to gas deliveries “a form of terror” and urged European …

German government agrees on bailout for energy supplier
2 years, 5 months ago

German government agrees on bailout for energy supplier

Associated Press  

BERLIN — The German government will take a roughly 30% stake in energy supplier Uniper as part of a rescue package prompted by surging prices for natural gas and reduced Russian deliveries, the company and Chancellor Olaf Scholz said Friday. That is a very, very big chunk, so it’s clear you can imagine that there would have been practically no …

Key Russia-Europe gas pipeline reopens but outlook unclear
2 years, 5 months ago

Key Russia-Europe gas pipeline reopens but outlook unclear

Associated Press  

BERLIN — Natural gas started flowing through a major pipeline from Russia to Europe on Thursday after a 10-day shutdown for maintenance — but the gas flow remained well short of full capacity and the outlook was uncertain, which leaves Europe still facing the prospect of a hard winter. “We must save more to get through the next two winters …

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 Resumes 'Unstable' Gas Supplies to Europe via Nord Stream
2 years, 5 months ago

Russia Resumes 'Unstable' Gas Supplies to Europe via Nord Stream

News 18  

Russia on Thursday restored critical gas supplies to Europe through Germany via the Nord Stream pipeline after 10 days of maintenance, but uncertainty lingered over whether the Kremlin would still trigger an energy crisis on the continent this winter. Germany, which is heavily dependent on Russian gas, had feared that Moscow would not reopen the pipeline after the scheduled work …

Gas starts flowing from Russia to Europe again after break, but shutoff fears remain
2 years, 5 months ago

Gas starts flowing from Russia to Europe again after break, but shutoff fears remain

LA Times  

Gas has started flowing again to Europe from Russia after a maintenance shutdown, despite fears that Moscow would cut off supplies. But the gas deliveries that were arriving still weren’t enough to resolve Europe’s energy crisis, and officials suspect that Russia is likely to disrupt supplies further. “We must save more to get through the next two winters well.” Russia’s …

EU draws up energy plan in case of Russian gas cutoff
2 years, 5 months ago

EU draws up energy plan in case of Russian gas cutoff

Associated Press  

BRUSSELS — The European Union’s head office on Wednesday proposed that member states cut their gas use by 15% over the coming months as the bloc braced for a possible full Russian cutoff of natural gas supplies that could add a big chill to the upcoming winter. While the initial cuts would be voluntary, the Commission also asked for the …

Discover Related