The US is preparing Europe for the energy crisis in case of war
The US administration is in talks with oil and gas companies and major gas producing countries globally to create a large potential supply of natural gas to Europe in the event that Russian deliveries are disrupted due to a conflict in Ukraine. as reported by CNN
Russia, which supplies more than a third of the natural gas it burns in Europe, could easily use energy supplies as a weapon if the West imposes sanctions on Moscow for a possible invasion of Ukraine, European allies of the United States fear. Furthermore, in the event of military action and subsequent energy sanctions against Russia, Europe will be the first and most affected, including the gas supply from the Russian gas monopoly Gazprom, analysts say. After all, this is already happening, at least in part.
The standoff between Russia and the West over Ukraine continues amid the Russian military buildup on the Ukrainian border. On Monday, the U.S. State Department authorized the voluntary departure of U.S. government employees and families, and a similar move was also made by the U.K. on the other hand, the families of diplomats from EU countries remain.
Amid the continuing threat of possible Russian aggression against Ukraine, the Biden administration is trying to reassure Europe about its natural gas supply at a time of record gas and electricity prices due to low and low gas inventories. of the substandard supply from Russia. These sky-high prices are causing serious social problems, which will lead to political turmoil.
Norway and Qatar, major producers and exporters of gas, are among the countries the US has been discussing about increased supply to European customers, according to CNN sources.
Earlier this month, Reuters reported, citing industry sources and U.S. officials, that the Biden administration examined contingency plans for alternative supplies to Europe should a Russian invasion of Ukraine cut off gas flows to Europe. Europe.
International energy companies contacted by the United States told officials that natural gas supplies globally are scarce and that there was not much gas available to replace Russia's large amount of supply. Which makes Europe literally the soft underbelly of the Atlantic alliance if it were to confront Moscow. The political choices of Biden's friends in Brussels have made the Union less than the proverbial "Military Worm", literally making it a defenseless prey for Putin, should he feel like taking it.
Thanks to our Telegram channel you can stay updated on the publication of new articles of Economic Scenarios.
The article The USA are preparing Europe for the energy crisis in case of war comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/gli-usa-stanno-preparando-leuropa-alla-crisi-energetica-in-caso-di-guerra/ on Wed, 26 Jan 2022 09:00:55 +0000.