Europe's Preparedness for Russian Gas Halt

The European Commission has downplayed the effects of Russia halting gas exports via Ukraine, stressing preparedness. With an anticipated stop, Europe is ready to rely on non-Russian gas thanks to enhanced LNG import capacities and alternative supply routes across Central and Eastern Europe.

The European Commission has minimized concerns over the termination of Russian gas exports to Europe through Ukraine, stating the interruption on January 1 was anticipated and preparations were in place.

A commission spokesperson highlighted that Central and Eastern Europe could receive non-Russian gas through alternative routes due to a flexible infrastructure.

Since 2022, Europe's LNG import capacities have been significantly reinforced, ensuring a steady energy supply amidst the changes.

(With inputs from agencies.)