European Union countries will not be able to cut gas supplies from Russia, jeopardising the association’s plans to reject fuel from Russian Federation by 2027, Bloomberg reported.
The Bloomberg publication notes that despite the EU’s plans to give up Russian gas by 2027, the volume of gas supplies has stopped shrinking. Instead, “dependence is now slightly increasing”. The agency specified that since the beginning of 2024 gas supplies from Russia provide about 20% of all gas imports of the EU countries, in 2023 this figure was 15%.
“Europe cannot live without Russian gas. But do not talk about it too loudly, because no one wants to hear it,” the article says.
The material specifies that for some European countries, including Spain, imports of Russian liquefied natural gas are particularly important. In the case of termination of its supply, the EU will have to increase purchases from other countries, in particular the United States, Qatar, Australia and Nigeria, which will lead to an increase in fuel prices, Bloomberg pointed out.
Earlier, Russian President Vladimir Putin said that Russia was going through a difficult period in Russian history. He emphasised that in the emerging conditions of the new global reality, “someone is striving” to preserve its fading hegemony through Russia.
