US finalizing plans to divert gas to Europe if Russia cuts off supply
The US has helped prepare for the diversion of natural gas supplies from around the world to Europe in the event that the flow from Russia is cut, in an effort to blunt Vladimir Putin’s most powerful economic weapon.
As fears of an invasion of Ukraine have grown, US officials said on Tuesday that they had been negotiating with global suppliers, and they were now confident that Europe would not suffer from a sudden loss of energy for heating in the middle of winter.
Russia has already restricted the flow of natural gas through the pipeline running through Ukraine from about about 100m cubic metres a day to 50 MCM, US officials said. Washington now estimates that almost all of that can be replaced quickly if the pipeline is cut deliberately or as a result of conflict.
“To ensure Europe is able to make it through the winter and spring we expect to be prepared to ensure alternative supplies covering a significant majority of the potential shortfall,” a senior official said.
Fears that Putin would cut off gas supplies have made some European countries, such as Germany, wary of imposing sanctions on Putin if he proceeds with an invasion. The Biden administration also insists that US and European financial sanctions plans are converging, and that the US is preparing export controls on western technology which would cripple Putin’s efforts to diversify his economy.
The impact would be far greater than the response to the 2014 Russian annexation of Crimea, a senior official said.
“The gradualism of the past is out, and this time we’ll start at the top of the escalation ladder and stay there,” the official said.
US discussions with Qatar have been widely reported, but the administration said the discussions have been global.
“The
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