My interview with Euronews of 08.11.21, on Gazprom & Putin’s refusal to begin filling gas storage in the EU. This is the only way to diminish the possibility of a gas crisis, of serious heating and electricity shortages should we have another cold and windless winter.
Putin, as always, is “the decider.”
I said: No one knows his game. Will he send his ample gas supplies to Europe, now that Russian storage is filled as of 7 Nov.?
This is a serious issue of the reliability and transparency of Gazprom and Putin’s Russia – the supplier of about 40% of Europe’s imported gas,
The person who invaded Ukraine in 2014 now refuses to send gas across Ukraine. He now has the gas available it and Ukraine is even offering him a 50% discount on transit fees. This could significantly help to alleviate Europe’s looming winter energy crisis.
However, instead, Putin has now put large numbers of Russian troops on Ukraine’s borders, de facto threatening the country in recent weeks. The Biden administration is alarmed. It sent CIA director Burns to speak directly to Putin in Moscow – a very unusual event. See CNN here.
This is a serious energy and security situation for Europe and for Ukraine. Shortfalls of winter gas in storage, and also coal in Ukrainian storage is a threat to citizens’ heat and electricity supplies.
For more info on this crisis, see other GlobalBarrel.com (below) posts and my LinkedIn and Twitter feed @twodtwodPlease see the last several posts here on the European Gas crisis of 2021-22, and issues of the energy transition. Tom O’Donnell, Berlin