SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
5
#000000
#FFFFFF
A gas storage facility owned by PGNiG company in Kosakowo, Poland is pictured on September 13, 2014. (Photo: NurPhoto/Corbis via Getty Images)
Energy War in Europe Intensifies as Russia Cuts Off Gas Supply to Poland, Bulgaria
Russia's move "makes it clearer than ever that Europe needs to move quickly to reduce its reliance on Russian energy," said the head of the International Energy Agency.
Apr 27, 2022
European gas prices surged Wednesday after Russia's state-owned energy giant Gazprom cut off the supply of gas to NATO members Poland and Bulgaria, a move seen as a significant escalation of what has been dubbed a "fossil fuel war" between Moscow and the West.
Announced two months into Russia's deadly assault on Ukraine, Gazprom's decision came weeks after the United States halted fossil fuel imports from Russia and vowed to help European nations end their reliance on Russian oil and gas.
The Kremlin said the suspension of gas shipments to the Bulgarian company Bulgargaz and the Polish firm PGNiG over their "failure to pay in rubles" instead of euros or dollars and signaled it could take similar action against other countries.
Bulgarian Prime Minister Kiril Petkov characterized Russia's move as a breach of contract and said that "we will not succumb to such a racket"--a message echoed by the leadership of the European Union, of which Poland and Bulgaria are members.
"The announcement by Gazprom that it is unilaterally stopping delivery of gas to customers in Europe is yet another attempt by Russia to use gas as an instrument of blackmail," said Ursula von der Leyen, the president of the European Commission. "This is unjustified and unacceptable."
The Associated Press reported Wednesday that Russia's move "could eventually force targeted nations to ration gas and deal another blow to economies suffering from rising prices."
"It could also deprive Russia of badly needed income to fund its war effort," the AP added. "Natural gas prices in Europe shot up 25% before the market opened Wednesday and then eased off but remained significantly higher."
Fatih Birol, executive director of the International Energy Agency, tweeted Wednesday that "Gazprom unilaterally cutting gas supplies to Bulgaria and Poland today makes it clearer than ever that Europe needs to move quickly to reduce its reliance on Russian energy."
Prior to Russia's full-scale assault on Ukraine, the European Union relied on Russia for around 40% of its gas supply and 27% of its oil imports, dependence that initially left E.U. members hesitant to target the Russian fossil fuel industry.
Last month, the Biden administration announced that it would take steps to increase U.S. gas exports to E.U. nations as they attempt to wean themselves off Russian fossil fuels. The U.S. move, which climate advocates slammed as dangerous for the planet, could be a major boon for American fossil fuel companies as they seize upon the war in Ukraine to expand their operations and boost profits.
One recent analysis estimated U.S. oil and gas corporations are poised to rake in windfall profits of up to $126 billion this year as Russia's attack on Ukraine continues with no end in sight.
The Intercept reported earlier this week that U.S. fossil fuel lobbyists are hard at work exploiting Russia's war on Ukraine to bolster their long-sought plans to increase fracked gas production and export capacity despite years of local opposition to such projects--and their role in accelerating the climate crisis.
"The unfolding crisis is now a common--and effective--talking point for corporate interest groups seeking regulatory relief," the outlet noted.
An Urgent Message From Our Co-Founder
Dear Common Dreams reader, It’s been nearly 30 years since I co-founded Common Dreams with my late wife, Lina Newhouser. We had the radical notion that journalism should serve the public good, not corporate profits. It was clear to us from the outset what it would take to build such a project. No paid advertisements. No corporate sponsors. No millionaire publisher telling us what to think or do. Many people said we wouldn't last a year, but we proved those doubters wrong. Together with a tremendous team of journalists and dedicated staff, we built an independent media outlet free from the constraints of profits and corporate control. Our mission has always been simple: To inform. To inspire. To ignite change for the common good. Building Common Dreams was not easy. Our survival was never guaranteed. When you take on the most powerful forces—Wall Street greed, fossil fuel industry destruction, Big Tech lobbyists, and uber-rich oligarchs who have spent billions upon billions rigging the economy and democracy in their favor—the only bulwark you have is supporters who believe in your work. But here’s the urgent message from me today. It's never been this bad out there. And it's never been this hard to keep us going. At the very moment Common Dreams is most needed, the threats we face are intensifying. We need your support now more than ever. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. When everyone does the little they can afford, we are strong. But if that support retreats or dries up, so do we. Will you donate now to make sure Common Dreams not only survives but thrives? —Craig Brown, Co-founder |
Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.
European gas prices surged Wednesday after Russia's state-owned energy giant Gazprom cut off the supply of gas to NATO members Poland and Bulgaria, a move seen as a significant escalation of what has been dubbed a "fossil fuel war" between Moscow and the West.
Announced two months into Russia's deadly assault on Ukraine, Gazprom's decision came weeks after the United States halted fossil fuel imports from Russia and vowed to help European nations end their reliance on Russian oil and gas.
The Kremlin said the suspension of gas shipments to the Bulgarian company Bulgargaz and the Polish firm PGNiG over their "failure to pay in rubles" instead of euros or dollars and signaled it could take similar action against other countries.
Bulgarian Prime Minister Kiril Petkov characterized Russia's move as a breach of contract and said that "we will not succumb to such a racket"--a message echoed by the leadership of the European Union, of which Poland and Bulgaria are members.
"The announcement by Gazprom that it is unilaterally stopping delivery of gas to customers in Europe is yet another attempt by Russia to use gas as an instrument of blackmail," said Ursula von der Leyen, the president of the European Commission. "This is unjustified and unacceptable."
The Associated Press reported Wednesday that Russia's move "could eventually force targeted nations to ration gas and deal another blow to economies suffering from rising prices."
"It could also deprive Russia of badly needed income to fund its war effort," the AP added. "Natural gas prices in Europe shot up 25% before the market opened Wednesday and then eased off but remained significantly higher."
Fatih Birol, executive director of the International Energy Agency, tweeted Wednesday that "Gazprom unilaterally cutting gas supplies to Bulgaria and Poland today makes it clearer than ever that Europe needs to move quickly to reduce its reliance on Russian energy."
Prior to Russia's full-scale assault on Ukraine, the European Union relied on Russia for around 40% of its gas supply and 27% of its oil imports, dependence that initially left E.U. members hesitant to target the Russian fossil fuel industry.
Last month, the Biden administration announced that it would take steps to increase U.S. gas exports to E.U. nations as they attempt to wean themselves off Russian fossil fuels. The U.S. move, which climate advocates slammed as dangerous for the planet, could be a major boon for American fossil fuel companies as they seize upon the war in Ukraine to expand their operations and boost profits.
One recent analysis estimated U.S. oil and gas corporations are poised to rake in windfall profits of up to $126 billion this year as Russia's attack on Ukraine continues with no end in sight.
The Intercept reported earlier this week that U.S. fossil fuel lobbyists are hard at work exploiting Russia's war on Ukraine to bolster their long-sought plans to increase fracked gas production and export capacity despite years of local opposition to such projects--and their role in accelerating the climate crisis.
"The unfolding crisis is now a common--and effective--talking point for corporate interest groups seeking regulatory relief," the outlet noted.
European gas prices surged Wednesday after Russia's state-owned energy giant Gazprom cut off the supply of gas to NATO members Poland and Bulgaria, a move seen as a significant escalation of what has been dubbed a "fossil fuel war" between Moscow and the West.
Announced two months into Russia's deadly assault on Ukraine, Gazprom's decision came weeks after the United States halted fossil fuel imports from Russia and vowed to help European nations end their reliance on Russian oil and gas.
The Kremlin said the suspension of gas shipments to the Bulgarian company Bulgargaz and the Polish firm PGNiG over their "failure to pay in rubles" instead of euros or dollars and signaled it could take similar action against other countries.
Bulgarian Prime Minister Kiril Petkov characterized Russia's move as a breach of contract and said that "we will not succumb to such a racket"--a message echoed by the leadership of the European Union, of which Poland and Bulgaria are members.
"The announcement by Gazprom that it is unilaterally stopping delivery of gas to customers in Europe is yet another attempt by Russia to use gas as an instrument of blackmail," said Ursula von der Leyen, the president of the European Commission. "This is unjustified and unacceptable."
The Associated Press reported Wednesday that Russia's move "could eventually force targeted nations to ration gas and deal another blow to economies suffering from rising prices."
"It could also deprive Russia of badly needed income to fund its war effort," the AP added. "Natural gas prices in Europe shot up 25% before the market opened Wednesday and then eased off but remained significantly higher."
Fatih Birol, executive director of the International Energy Agency, tweeted Wednesday that "Gazprom unilaterally cutting gas supplies to Bulgaria and Poland today makes it clearer than ever that Europe needs to move quickly to reduce its reliance on Russian energy."
Prior to Russia's full-scale assault on Ukraine, the European Union relied on Russia for around 40% of its gas supply and 27% of its oil imports, dependence that initially left E.U. members hesitant to target the Russian fossil fuel industry.
Last month, the Biden administration announced that it would take steps to increase U.S. gas exports to E.U. nations as they attempt to wean themselves off Russian fossil fuels. The U.S. move, which climate advocates slammed as dangerous for the planet, could be a major boon for American fossil fuel companies as they seize upon the war in Ukraine to expand their operations and boost profits.
One recent analysis estimated U.S. oil and gas corporations are poised to rake in windfall profits of up to $126 billion this year as Russia's attack on Ukraine continues with no end in sight.
The Intercept reported earlier this week that U.S. fossil fuel lobbyists are hard at work exploiting Russia's war on Ukraine to bolster their long-sought plans to increase fracked gas production and export capacity despite years of local opposition to such projects--and their role in accelerating the climate crisis.
"The unfolding crisis is now a common--and effective--talking point for corporate interest groups seeking regulatory relief," the outlet noted.
We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.