Bye bye EU: “EU’s move to ditch Russian energy would be suicidal”

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I think that a payment mechanism will be clarified in the coming days, Vladimir Chizhov said

MOSCOW, March 29. /TASS/. The European Union’s move to ditch Russian energy would be suicidal, Russian Permanent Envoy to the EU Vladimir Chizhov told Rossiya-24.

“I think that ditching Russian energy would be, to some extent, suicidal for European Union countries at this point, while for politicians, it would be a political suicide,” he pointed out.

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No free gas supplies for Europe, Kremlin spokesman says

No payment, no gas, the Kremlin spokesman emphasized

WASHINGTON, March 29. /TASS/. Moscow has no intention of engaging in charity and providing gas to Europe for free if European Union countries refuse to pay for gas in rubles, Kremlin Spokesman Dmitry Peskov told PBS.

When asked whether Russia would cut off its gas exports to Europe if EU countries refused to pay in rubles, Peskov said: “I don’t know what is going to happen when they reject this possibility. As soon as we have a final decision, we’ll see what can be done. Definitely, we’re not going to make charity out of that and send gas free of charge to Western Europe.”

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European countries will have to switch to rubles in payments for natural gas from Russia, since the maximum amounts of liquefied natural gas that the US can supply to replace it, is only ten percent of Russian supplies,
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CNBC: “U.S.-EU gas deal won’t be enough to replace Russian supply, says former U.S. energy secretary”

www.cnbc.com/2022/03/28/us-eu-gas-deal-wont-make-up-shortfall-from-russia-dan-brouillette.html#:~:text=The%20gas%20deal%20between%20the,LNG)%20to%20Europe%20this%20year.

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United Arab Emirates (UAE): There is no substitute for Russian oil

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www.rt.com/business/552843-no-substitute-russian-oil/

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AC

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