Press play to listen to this article Russian President Vladimir Putin is playing hardball with the European Union — cutting off gas deliveries to some of Russia’s best customers in a howl of rage at the sanctions imposed after invading Ukraine. It’s putting enormous political pressure on governments, threatens to leave Europeans freezing if this … Read More “Russia declares gas war on EU – POLITICO” »
Tag: energy supply
Tap play to listen to this article After a month of haggling over how to ban Russian oil, only to get a watered-down compromise that keeps pipelines flowing, EU sanctions against Vladimir Putin’s energy exports have reached the “end of the road”. That was the assessment of Belgian Prime Minister Alexander De Croo on Tuesday, … Read More “Do not expect the EU to ban Russian gas soon – POLITICO” »
Tap play to listen to this article Cheese politics is now Lost politics. For years, Germany was the undisputed leader of a bloc within a bloc – the voice and muscles of Central and Eastern European nations in the EU, who looked to Berlin for protection, guidance and sometimes explicit instructions. Often, when Brussels needed … Read More “Germany loses EU power as Eastern Europe turns away from Russia – POLITICO” »
Tap play to listen to this article Cheese politics is now Lost politics. For years, Germany was the undisputed leader of a bloc within a bloc – the voice and muscles of Central and Eastern European nations in the EU, who looked to Berlin for protection, guidance and sometimes explicit instructions. Often, when Brussels needed … Read More “Germany loses EU power as Eastern Europe turns away from Russia – POLITICO” »
Tap play to listen to this article In their fight against Russia’s war in Ukraine, EU leaders surrendered to Hungarian Prime Minister Viktor Orbán – capitulating to his demands and giving Budapest an almost total exemption from a new embargo on Russian oil. The collective hole to Orbán, which spent 26 days preventing the proposed … Read More “After Orbán moves up, Hungary skips the Russian oil ban – POLITICO” »
Press play to listen to this article The flow of Russian gas across Ukraine to the EU fell by a quarter on Wednesday after Ukraine’s pipeline operator refused to continue taking gas from areas of the country under the control of Russian troops. “Ukraine no longer bears responsibility for the transmission of Russian gas through … Read More “Ukraine fires a warning shot in Russia gas dispute – POLITICO” »
Press play to listen to this article ROME – Italy wants the European Commission to clearly spell out how companies can pay for Russian gas without falling afoul of sanctions levied after the invasion of Ukraine, Italian Prime Minister Mario Draghi said on Monday. “It’s very important that the Commission expresses a clear legal opinion … Read More “Italy asks Commission to clarify rubles-for-gas rules – POLITICO” »
The European Commission is set to propose phasing out Russian oil imports as part of a new package of sanctions for Moscow, in a drive to squeeze Vladimir Putin’s most vital war-funding stream. Income from energy exports has been critical for financing Russia’s invasion of Ukraine and EU countries have been weighing up how to … Read More “EU Commission set to propose phasing out Russian oil by end of year – POLITICO” »
Russia’s Gazprom halted gas deliveries to Poland and Bulgaria on Wednesday morning over their refusal to settle payments in rubles, setting off a political crisis over Moscow’s reliability as an energy supplier to the EU. “The announcement by Gazprom that it is unilaterally stopping delivery of gas to customers in Europe is yet another attempt … Read More “Russia halts gas shipments to Poland and Bulgaria – POLITICO” »
Berlin could handle an embargo on Russian oil imports, Germany’s Climate and Economy Minister Robert Habeck said on Tuesday, suggesting the country could end its dependence on Moscow within “days.” Habeck, speaking at a press conference in Warsaw, said that Germany had managed to slash its reliance on Russian oil by two-thirds in recent weeks, … Read More “Germany says Russia oil embargo would be ‘manageable’ – POLITICO” »