EU can beat Russia’s threat of new gas supply cuts

Russia has reduced gas exports to Europe via Ukraine because of the Nord Stream pipeline (photo: dpa)
Russia has reduced gas exports to Europe via Ukraine because of the Nord Stream pipeline (photo: dpa)

Russia’s threat to cut gas supplies to the European Union have little substance. They are made when gas supplies are plentiful and European countries can switch to alternative sources. And Europe is already better prepared. But the EU has to have the common political muscle and solidarity to resist Russia’s pressure and make joint decisions now to protect its long-term security of supply.

<i>The European Union’s internal energy market has integrated further since the last Russia-Ukraine gas crisis. It is now much better prepared and equipped to cope with external gas supply shocks. But in the short-term, some European sub-regions and countries remain more vulnerable than others ...

Not a subscriber yet?

Subscribe now and get the latest in-depth geopolitical analysis and forecasts from GIS’s unrivaled cadre of experts.

Learn more about our subscription plans.

You can also buy this report for €8.99 Buy

Add your comment