USD 75.5873

+0.99

EUR 84.9526

+1.27

BRENT 72.91

0

AI-92 46.9

-0.02

AI-95 50.93

0

AI-98 59.04

-0.02

Diesel 52.91

0

328

Belarus threatens to cut off transit gas flows to Europe

Despite the calmer gas markets in the past 3 days, uncertainty over Russia's intentions, and now the Belarus-EU spat could make Europe's gas prices extremely volatile again.

Belarus threatens to cut off transit gas flows to Europe

Source: The official website of the Belarusian President

Minsk, November 12 - Neftegaz.RU. Belarus threatened on Thursday to halt natural gas supply at a key pipeline from Russia to Germany passing through Belarus, if the European Union imposes additional sanctions to the country in response to the migrant crisis at the Belarus-Poland border, Oilprice.com analysed.

In recent days, a growing number of migrants have been flocking to the Belarus border with Poland.
The EU has accused Belarus of stoking the tensions and the border crisis and of attempting «a hybrid attack» on the EU border.

The EU bloc is already said to be considering another round of sanctions against Belarus.
Alexander Lukashenko, the leader of Belarus, warned on Thursday that his country could shut gas flows via the Yamal-Europe pipeline from Russia to Germany, which crosses Belarus and Poland.

Lukashenko said on Thursday, as quoted by Belarusian state news agency Belta:
  • We provide heat to Europe, and they are threatening us with the border closure
  • What if we block natural gas transit?
  • Therefore, I would recommend the leadership of Poland, Lithuanians and other brainless folk to think hard before opening mouth
  • But it is up to them, they are welcome to close the border
  • The Ministry of Foreign Affairs should warn everyone in Europe that if they impose additional sanctions, indigestible and unacceptable for us, we will hit back
The specter of another hurdle to Russian supplies to Europe is being raised days after Russia's Gazprom largely relieved the European gas market by saying that it had approved and started implementing a plan to send natural gas into 5 storage sites in Europe.

The volumes and the transportation routes for the gas flows have been determined, Gazprom said in a brief statement on Tuesday, easing concerns on the market and sending prices lower on Tuesday morning.

Author: Tsvetana Paraskova

Source : Neftegaz.RU


Follow us on Google News
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru