Ukraine crisis EXCLUSIVE: US and Europe planning to ‘cut off’ Russia’s gas supply

Friday, May 9, 2014
By Paul Martin

Friday 09 May 2014

Britain is drawing up plans with the US and other European countries to “disarm” the threat of President Vladimir Putin using Russian gas and oil supplies as “a weapon” against Ukraine and its Eastern European neighbours.

Next month, David Cameron and other G7 leaders are expected to sign off on an “emergency response plan” to assist Ukraine this winter if Russia restricts gas supplies.

At the same time, G7 energy ministers this week agreed a plan to eliminate Europe’s reliance on Russian oil and gas over the longer term and prevent energy security being used as political bargaining chip by the Kremlin.

Russia currently supplies around 30 per cent of all gas consumed within Europe and more than 50 per cent of the gas used by Ukraine.

In 2006, when the Russian state-controlled energy producer Gazprom turned off supplies through its Ukrainian pipeline Austria, France, Germany, Hungary, Italy and Poland reported gas pressure in their pipelines fell by 30 per cent.

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