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Finland would experience gas shortages even if Russia cut off exports just for one month, while other EU countries would last between three to nine months without Russian gas, according to a German study.
Germany, Austria, Switzerland, Greece, the Balkan countries and Estonia would feel the effects of a six-month embargo.
Meanwhile, if Russia switches off the tap for nine months, gas supplies in Germany, Italy and France would be "severely affected" and a total of 46 billion cubic metres of European gas demand could not be served.
The Czech Republic, Hungary, Slovakia would also have problems, as well as the countries already in trouble after three months (Finland, Poland, Turkey, Greece, Austria, the entire Balkan, Estonia and Switzerland).
The countries in which gas supply would be secure even during a nine-month disruption are those who still have their own gas reserves, such as Denmark, Norway, the Netherlands, Romania and the UK.
Countries importing from their neighbours or with LNG terminals would also be safe: Belgium, Bulgaria, Ireland, Latvia, Lithuania, Luxembourg, Portugal, Spain and Sweden.
The study also looks at the impact of one extremely cold week during a six-month disruption: "Supply shortfalls would occur in almost the entirety of Europe." In that scenario, Ireland, the UK, Belgium, Romania and Bulgaria would also be affected.
SOFIA, January 15. /TASS/. US Secretary of State John Kerry will visit Bulgaria on Thursday for talks with Bulgarian leaders on Russia’s refusal to build the South Stream gas pipeline and the situation in eastern Ukraine.
This is Kerry’s first visit to Bulgaria on the post of US secretary of state. He will be accompanied by Assistant Secretary of State for European and Eurasian Affairs Victoria Nuland.
Gazprom announces final nail in the South Stream coffin
Europe will have to get gas via Turkey or Ukraine, there will be no direct transcontinental pipeline to Europe, Gazprom has confirmed. It is disappointing news for Bulgaria, which was hoping to get gas directly from Russia, and not via Ukraine.
Gazprom CEO Aleksey Miller made it clear that Turkey, and not Bulgaria, will become the main gas valve between Russia and Europe.
“South Stream is dead. For Europe there will be no other gas transit options to risky Ukraine other than the new ‘Turkish Stream’ pipeline,” Miller said Wednesday, as reported by RIA Novosti.
Ukraine confirmed that Russia had cut off supply; and six countries reported a complete shut-off of Russian gas. The EU raged that the sudden cut-off to some of its member countries was "completely unacceptable," but Gazprom CEO Alexey Miller later added that Russia plans to shift all its natural gas flows crossing Ukraine to a route via Turkey; and Russian Energy Minister Alexander Novak stated unequivocally, "the decision has been made."
originally posted by: xuenchen
Trans-Anatolian gas pipeline