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Energy Crisis in Europe
Europe is bracing for tough winter as US-led push to “punish” Moscow for its military operation in Ukraine backfired on the EU, which has faced months of skyrocketing energy prices and rising inflation after Brussels joined Washington in attempting to “phase out” Russian oil, coal and gas.

Europe Unable to Replace All of Russian Gas Supply With Other Sources, EU Energy Chief Says

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Gas pipeline - Sputnik International, 1920, 06.12.2022
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WASHINGTON (Sputnik) - It is not possible for Europe to replace the entirety of its Russian gas supply with alternative sources, European Commissioner for Energy Kadri Simson said on Tuesday.
"We also know that it is impossible to replace 100% of Russian gas with alternative suppliers. That means that we also need other alternative, parallel actions," Simson said during an interview with the Atlantic Council.
The statement comes as a coalition of countries led by the United States and Europe seek to diminish Russia’s revenue from energy exports, including by imposing a $60, adjustable price cap on Russian oil.
A view shows gas metering units at the Gazprom's Amur Gas Processing Plant near the town of Svobodny, Amur Region, Russia. The plant was launched on June 9, 2021 - Sputnik International, 1920, 16.10.2022
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Russia's Gazprom: If Europe Imposes Price Cap, Gas Supplies Will Be Halted
Europe began moving away from Russia as a supplier of energy following the beginning of its special military operation in Ukraine on February 24.
Projects to connect the continent to new sources of energy include a turn to the United States as a supplier of fuel and plans by Slovenia to build a pipeline to Hungary for Algerian gas. However, Hungary still receives some 85% of its gas from Russia.
Earlier this month, Hungarian Prime Minister Viktor Orban said he would seek an exemption from EU sanctions on Russian gas and atomic energy.
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