Home Energy Europe’s gas supplies are not at risk

Europe’s gas supplies are not at risk


EU energy commissioner Guenther Oettinger said he sees no danger of Europe’s access to Russian gas falling victim to possible economic sanctions in the standoff over Ukraine.

“From my many talks with Gazprom, my impression is that our Russian partners will fulfill their contractual obligations and want to supply the gas,” Oettinger told the Sunday newspaper Welt am Sonntag.

“We are agreed that, in the case of possible economic sanctions – whether from the European or Russian side – the gas sector should not have priority,” the commissioner explained.

Russian gas giant Gazprom accounted for around 25% of the European gas market, Oettinger said.

“I am against scaling back or even cutting our gas links with Russia in the coming years,” the commissioner stated. “But we must pursue our strategy of diversification.”


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