Russian gas

April 14, 2025 12:36 PM

Back to Russian gas? Trump-wary EU has energy security dilemma

More than three years after Russia's invasion of Ukraine, Europe's energy security is fragile. U.S. liquefied natural gas helped to plug the Russian supply gap in Europe during the 2022-2023 energy crisis. But now that President Donald Trump has rocked relationships with Europe established after World War Two, and turned to energy as a bargaining chip in trade negotiations, businesses are wary that reliance on the United States has become another vulnerability. Against this backdrop, executiv...

December 23, 2024 4:33 PM

What happens when Russian gas to Europe via Ukraine stops?

Russian President Vladimir Putin met Slovak Prime Minister Robert Fico in the Kremlin on Sunday, a rare visit by a European Union leader to Moscow as a contract allowing for Russian gas to transit through Ukraine nears expiry. Ukrainian President Volodymyr Zelenskiy had said on Thursday that Kyiv could consider continued transit of Russian gas, but only on condition that Moscow did not receive payment until after the war - a condition it was unlikely to accept. Putin said that day that it was c...

June 20, 2024 3:08 PM

EU states approve 14th sanctions package against Russia, diplomats say

European Union countries approved a 14th package of sanctions against Russia over its war in Ukraine, diplomats said on Thursday, including a ban on re-exports of Russian liquefied natural gas (LNG) in EU waters. Belgium, which holds the rotating EU presidency until July 1, said on the X platform that the package "maximises the impact of existing sanctions by closing loopholes". Countries debated the new measures for over a month and ultimately watered down one of the Commission's proposals, a...