EU May Prohibit Gas Export and Limit Industrial Usage

Posted: 09/02/2014 04:09:25   Edited: 09/02/2014 05:09:25  Clicks: 2238
EU is taking precautions against that Russia may cut off gas supply to Europe. For that, EU may prohibit gas export and limit industrial usage, for ensuring steady energy supply to families in the winter.
 
Russia is the largest oil, coals and gas supplier for Europe. However, divergence exists between EU and Russia due to Russian actions in Ukraine. It is not the first time that gas transmission pipe which leads to Europe crossing through Europe is used as chips for political game.
 
Ukraine warned that Russian planed to stop gas supply while Russia said that Ukraine may steal the energy which was supposed to supply to the members of EU. EU warned that it would carry out new sanctions on Russia if Russia would not withdraw its troops from Ukraine.
 
Although Europe can find the new oil and coals supplier, countries in Southeast Europe still depend on Russian state-owned enterprises supplying gas. LNG which is supplied by Qatar and Algeria can be shipped to Europe passing through the Atlantic Ocean and ports in Mediterranean. But European purchasers usually sell the gas on those ships to abroad by raising price. Those gas is not supplied domestic market.
 
A source of European Commission claims that European Commission is considering to issuing prohibition for resale in order to increase gas reserves.  
 
“In short-term, we are very concern about gas supply to Southeast Europe in this winter.” The source who was informed of energy emergency plan of EU directly said. He also stated that once gas supply was cut off, EU expected that it could prevent LNG from export from EU and limit industrial gas consumption for ensuring household use.
 
Last week, when Oettinger, the energy commissioner of EU negotiating with Russia and Ukraine, he said that EU was preparing alternative plans for gas supply under the worst circumstance.
 
Both politicians and industry delegates point out that no matter what actions EU will take, it is difficult for EU finding sufficient supplement, once Russia cuts off gas supply to Europe. Under the threat, gas price has been increased by 35% since July. 
 
EU May Prohibit Gas Export and Limit Industrial Usage
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