DTN News - UKRAINE CRISIS: Europe Has Little Reason To Fear Russian Gas Cut-Off

DTN News - UKRAINE CRISIS: Europe Has Little Reason To Fear Russian Gas Cut-Off

(NSI News Source Info) TORONTO, Canada - March 8, 2014: More than one third of Europe's gas needs are covered by Russian gas. The crisis in Ukraine has kindled fears that Russia could stop the flow.

 

The crisis in Ukraine is not only about politics, it's also about natural gas. Russia, a key gas producer, supplies Europe with about a third of the gas it needs - and Ukraine is an important transit state.

Almost 40 percent of the gas used in Germany comes from Russia. The Baltic States' dependency is even greater: Russia supplies them with almost 100 percent of the gas they need. Ukraine, too. The crisis in Ukraine, which also depends on Russian gas, has unleashed increasing concern about Europe's energy supplies. Moscow has been known to employ energy giant Gazprom to serve political ends.

*Ukraine braces for new demonstrations as Russia threatens to stop gas supply

*Russia’s Gazprom warns Ukraine of New Gas War

*Source: DTN News - - This article compiled by K. V. Seth from reliable sources DW

*Ukraine braces for new demonstrations as Russia threatens to stop gas supply

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*Presented & compiled for DTN News ~ Defense-Technology News

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