Fears are rising about what would happen to Europe’s energy supply if Russia were to invade Ukraine and then shut off natural gas exports in retaliation for U.S. and European sanctions. Here’s what to know about the energy supply if tensions boil over.
. German officials also have said blocking operation of the pipeline would be “on the table” if there’s an invasion.
“We’re talking about small increases to the size of U.S. exports, whereas the hole that Europe would need to fill if Russia backed away or if Europe cut Russia off would be much larger than that,” said Ross Wyeno, lead analyst for Americas LNG at S&P.worldwide about whether they can boost output and ship to Europe, and it has been working to identify supplies of natural gas from North Africa, the Middle East, Asia and the U.S.
Even if all Europe’s LNG import facilities were operating at capacity, the amount of gas would only be about two-thirds of what Russia sends via pipelines, Jaffe said.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Russia assembles 70% of military firepower it intends to have for potential Ukraine invasionRussia has assembled 70% of the military firepower it intends to have to give President Vladimir Putin the option of launching a full-scale invasion of Ukraine, officials say.
Read more »
French, German leaders to visit Russia, Ukraine amid tensionFrance’s Emmanuel Macron and Germany’s Olaf Scholz are set to travel to Kiev and Moscow, pushing diplomacy to calm the tensions between Ukraine and Russia as the two nations are on the brink of war
Read more »
Why Americans should care about the Russia-Ukraine standoffThe Ukraine and Russia standoff is about more than just the two countries. It's about global security and an attempt to 'rewrite rules on which the world is based,' says Ukraine's minister of foreign affairs. And he adds that's why Americans should care.
Read more »
Russia, Ukraine, and the NATO of TodayIn the pursuit of rationality, stability, and a nonmilitary outcome in Ukraine, there’s an opportunity to test the capabilities, solidarity, economic power, and purpose of the countries in the NATO alliance, Jeffrey Frank writes.
Read more »
YouTube blocks Ukraine videos as U.S. warns Russia creating fake clips to spark warPro-Moscow groups in Donbass complained their YouTube accounts are blocked as the Pentagon warned Russia was planning a 'graphic' video of attack.
Read more »