The G7 and the EU intend to block gas supplies from the Russian Federation along a number of routes

The G7 and the EU intend to block gas supplies from the Russian Federation along a number of routes

[ad_1]

The countries of the “Group of Seven” and the European Union are discussing the possibility of finally blocking the supply of pipeline gas from Russia to Europe in a number of directions. This is reported by the Financial Times. The decision can be taken at the G7 summit, which will be held in Hiroshima, Japan, on May 19-21.

For the European Union, such a decision will be included in the 11th package of sanctions against Russia, which the EU intends to adopt due to the Russian military invasion of Ukraine. It is not specified which gas pipelines will be subject to sanctions, but the RBC agency believes that it is the Yamal-Europe pipeline, through which Russian gas will be delivered to Poland and Germany until 2022. Now these deliveries are not carried out – as well as by “North Streams” along the bottom of the Baltic Sea.

Gas from Russia, however, continues to flow to some EU countries through the gas pipeline through Ukraine, as well as through “Turkish Stream”.

In addition, the Financial Times does not rule out that the new sanctions will affect the supply of Russian oil through the Druzhba oil pipeline, which was built back in the 1960s. The Bloomberg agency reported that the European Union proposes to include in the 11th package of sanctions the suspension of the northern branch of the “Friendship”. The southern branch, which supplies oil to the Czech Republic, Hungary and Slovakia, will be able to continue operating.

  • After the start of Russia’s military invasion of Ukraine in February 2022, European Union countries imposed severe economic sanctions on Russia. In addition, they took a course to refuse the import of energy carriers – oil and gas – from Russia. In particular, Germany has almost completely stopped importing fossil energy sources from Russia today. Earlier, Germany paid 2.2 billion euros for Russian oil and gas. Now the amount of exports amounted to only 4.2 million. Imports of coal and oil refining products decreased to 30 and 26 million, respectively.

[ad_2]

Original Source Link