European Commissioner: EU is ready if Russia cuts off gas supplies

“We are well prepared to resist Russia’s radical use of gas as a weapon,” Gentiloni told reporters at an economic forum organized by The European House – Ambrosetti think tank.
“We are not afraid of V. Putin’s decisions. We ask the Russians to respect the agreements, but if they don’t, we are ready to react,” added the European Commissioner.

The gas pipeline connecting Russia and Germany “Nord Stream 1 was down for three days, but gas supplies to Europe were due to resume on Saturday. However, Russia’s state-owned gas company Gazprom has announced that the pipeline will not be fully operational until the turbine is allegedly repaired.
Moscow reacted in this way to the desire of the Great Seven (G7) states to set a price ceiling for Russian oil announced on Friday.

President of the European Commission Ursula von der Leyen announced on Friday that it would also be time to put a price cap on Russian gas imported by pipeline. Thus, it supported the initiative of Italian Prime Minister Mario Draghi.

EU Economic Commissioner P. Gentiloni also said that after diversifying the supply, gas storages are currently about 80 percent full, although the situation varies from country to country.

He said that Brussels had done a lot in this direction in recent months “but today it can do even more”.

The commissioner explained that the goal is a unified European strategy that would oppose Russia’s war in Ukraine with economic means.
“We are not involved in war, we are not involved in military escalation. We support Ukraine. Now we have to do it more efficiently”, emphasized P. Gentiloni.

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