How will Europe cope if Russia cuts off its gas?
Better than you might think
EVERY FOUR years the European Network of Transmission System Operators for Gas is required to carry out a simulation of disaster scenarios. In the most recent such exercise last year the ENTSOG boffins considered 20 shades of disaster, and concluded that “European gas infrastructure provides sufficient flexibility for the EU Member States to…ensure security of gas supply.” Cheering words. But the gasmen did not examine the spectre now haunting Europe. What happens if Vladimir Putin invades Ukraine again, the West hits Russia with sanctions, and Mr Putin retaliates by shutting down all the pipelines carrying Russian gas to the West?
This article appeared in the Europe section of the print edition under the headline “Putin’s energy weapon”
Europe January 29th 2022
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