EU gas supply: When Russia went into self-destruct mode

Russia's invasion of Ukraine and subsequent disruptions in gas supply have caused Europe, particularly Germany, to seek alternative sources of natural gas, leading to a decline in Russia's market share and permanent damage to its reputation as Europe's largest gas supplier.

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Relevant topic timeline:

8/30/2023

LNG imports from Russia rise, despite cuts in pipeline gas

European Union countries have increased their imports of liquefied natural gas (LNG) from Russia, contradicting the EU's goal of reducing reliance on Russian fossil fuels, according to a report by campaign group Global Witness.

9/4/2023

Putin’s Natural Gas Leverage Over The EU Is Not Entirely Gone

Russia's leverage over the EU's natural gas supply has been reduced since its invasion of Ukraine, but it still has the potential to exert pressure, warns Swedish bank SEB.

9/16/2023

Sanctions Create Widespread Shortages in Russia, Weakening Economy and War Support

Sanctions imposed on Russia due to the invasion of Ukraine have resulted in fuel shortages, scarcity of readily available items, and impacts on the aviation industry, paper production, plywood manufacturing, cell-phone reception, tire and lubricant supply, and the production of military vehicles.

9/18/2023

Austria's Hypocrisy: Reliant on Russian Gas While Shirking EU Solidarity

Austria's reliance on Russian natural gas and its perpetuation of victimhood create moral shortcomings and a lack of responsibility, requiring outside pressure to enact change.

9/20/2023

Germany's Economic Woes Exposed by Loss of Cheap Russian Gas

Germany, once known for its economic success, is now the worst-performing major developed economy, facing challenges such as high energy costs, the loss of cheap Russian natural gas, and a slowdown in key trade partner China, which have exposed cracks in the country's foundation and sparked debate about the way forward.

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Posted 8/31/2023, 2:41:22 PM