Bloomberg: EU to cut Russian LNG imports this year

Bloomberg: EU to cut Russian LNG imports this year

Kyiv  •  UNN

 • 99959 views

The EU is stepping up pressure on importers to significantly reduce purchases of Russian liquefied natural gas this year to undermine funding for the Russian army and redistribute supplies.

European Commissioner for Energy Kadri Simson said that the EU is increasing pressure on importers of liquefied natural gas from Russia to significantly reduce purchases. Bloomberg reports UNN.

Details

Recent efforts by the EU are aimed at redistributing supplies and undermining funding for the Russian war machine. On Friday, Simson discussed the growth of LNG supplies with a representative of the United States, which is currently the largest supplier of liquefied natural gas to the EU.

My message was that this year should bring a further abandonment of Russian exports. In the EU, we are gradually increasing pressure on European players to reduce their purchases of Russian LNG, and confidence in US supplies is again important

explained the European Commissioner

According to her, European governments will have a new tool to stop purchases of Russian gas when a new law comes into effect that will allow them to block such flows without imposing additional sanctions. This will happen in a few weeks.

This will allow EU countries to temporarily ban Russian and Belarusian exporters from booking the infrastructure capacity needed for LNG deliveries.

In recent months, we have seen Russia reduce its revenues, but we still need to do much more to prevent Russian LNG from reaching European markets

 Simson summarized.

Czech Republic cuts gas consumption to minimum, but continues to buy Russian gasJan 7 2024, 08:55 PM • 38082 views