EU opinion & policy debates - across languages | BlogActiv.eu

As (somewhat) anticipated, Russia reduced the flow of gas to Ukraine on New Year’s Day because of ongoing disputes over prices for 2009 and unpaid bills. However, unlike the briefer affair in 2006, this spat has evolved into a full-scale crisis with news today that Russia has cut off gas to Europe entirely (see my colleague James Joyner’s piece). I’ve gathered some multimedia about the current gridlock. It’s hard to see how Russia is doing itself any favors.

Eastern and southern European countries are, expectedly, more dependent on Russian gas than western European ones and as such were the first to be affected by the shortage. Under normal circumstances, Gazprom exports around 300 million cubic meters (mcm) of gas per day to Europe via Ukraine, according to the Globe and Mail. After the new year, this was reduced first to 100 mcm a day, then stopped completely, so western Europe is now feeling the pinch as well

More…

Author :
Print
EurActiv Network