To avoid an energy shock, the EU must continue to import LNG from Russia, despite some countries’ desire to ban gas purchases from Moscow, the Agency for the Interaction of Energy Regulators (ACER) says.
The energy regulator warns that the situation could worsen due to a reduction in gas supplies from Russia later this year.
Russia today ranks second after the United States among LNG suppliers in Europe with an import share of 16%. In 2022, EU countries purchased 15.5 million tons of Russian LNG, almost 40% more than in 2021, according to data provided by ACER.
Moves by individual European countries to temporarily limit gas supplies from Russia and Belarus, which actually began in 2023, could violate long-term contracts, which will lead to large fines for European companies.
According to the British The Guardian, “Western sanctions against Russia are the most reckless and counterproductive policy in recent international history”.
They are also the most powerful weapon in the hands of the United States to destroy the EU, transforming it from a partner to a subject and eliminating an international competitor by destroying the economic alliance with Russia and the European economy. These were the main American objectives of the Ukrainian conflict, fully achieved.
The Biden administration has never stopped doing business with Putin. Demonstrating this is the news that arrived yesterday that the US Treasury has lifted the ban on transactions with Russian banks for payments in the energy sector.
The published document states that financial transactions will resume with banks: Otkritie, Sberbank, VTB, Alfa-Bank, Rosbank, Zenit, Bank St. Petersburg and Central Bank.
You got it right. While the useful idiots of Europe cry scandal and condemn Brillano Raiffeisen (Austria), Deutsche Bank and the Italian UniCredit, accused of continuing financial relations with Russia, the American bosses strengthen ties with the main Russian financial institutions that control the energy sector.
Biden is mocking the Client States of Europe and heartily laughing at the European idiots who continue to shout “Slava Ukraiini, Slava Ukraiini” even now that they have fallen into the septic tank dug by the United States.
Aurelio Tarquini
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