HomeNewsWorldWhat are Europe's options in case of Russian gas disruption?

What are Europe's options in case of Russian gas disruption?

Russia said on Tuesday some of its troops were returning to base after exercises near Ukraine and mocked repeated Western warnings about a looming invasion, but NATO said it had yet to see any evidence of de-escalation.

February 16, 2022 / 12:04 IST
Story continues below Advertisement
Source: Reuters
Source: Reuters

Concern has mounted over the possible disruption of supplies from Russia, Europe's biggest gas provider, following the buildup of Russian troops near Ukraine and heightened tensions between Moscow and the West.

Russia said on Tuesday some of its troops were returning to base after exercises near Ukraine and mocked repeated Western warnings about a looming invasion, but NATO said it had yet to see any evidence of de-escalation.

Story continues below Advertisement

The U.S. administration and the European Union have asked other countries such as Qatar and Japan to help provide extra liquefied natural gas (LNG) shipments should Russia attack Ukraine and sanctions be imposed on Russia.

Russian gas flows to Europe have been lower than usual for several months already. European politicians say Russia is using high gas prices as leverage in a dispute over the Gazprom-backed Nord Stream 2 pipeline project.