The Iran Project
: EU plans to authorize member states to individually block imports of Russian gas will fail, according to Russian Foreign Ministry spokeswoman Maria Zakharova.
Wednesday 13 December 2023 - 20:59
Story Code : 408717
Source : RT
EU won’t stifle gas revenue – Moscow
Brussels is reportedly working on legislation allowing member states to independently ban Russian fuel
“The fact is that most of the anti-Russian measures taken by the EU, including in the energy sector, boomerang on their initiators,” she added.
Earlier this month, the Financial Times reported, citing draft legislation, that the bloc was poised to give its 27 member states the right to halt gas imports from Russia and Belarus. The measure will reportedly give EU nations the power to “partially or, where justified, completely limit” or block Russian and Belarusian companies from buying capacity in European pipelines and liquefied natural gas (LNG) terminals.
According to Zakharova, such a discriminatory measure will only lead to a quick redirection of Russian gas supplies towards emerging markets, as global supply of energy, including LNG, is limited, while demand from the Asia-Pacific region is rapidly growing.
“And in the case of LNG, the scenario with supplies reorientation seems to be the most realistic due to high mobility of the super chilled fuel,” she said.
Reporter : Editorial of The Iran Project
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