23.2 C
Washington
Friday, September 30, 2022

Baltic states halt Russian gas imports over Ukraine invasion

Russia Ukraine WarBaltic states halt Russian gas imports over Ukraine invasion

Russia-Ukraine War (Times Of Ocean)- The Baltic states are no longer importing Russian natural gas, as European nations try to move away from Russian energy sources in the aftermath of the Ukraine war.

In an effort to curb European dependence on Russian energy, Latvia, Estonia, and Lithuania stop importing Russian gas.

“If there were still any doubts about whether there may be any trust in deliveries from Russia, current events clearly show us that there is no more trust,” Uldis Bariss, CEO of Conexus Baltic Grid – Latvia’s natural gas storage operator, said on Saturday.

As of April 1, Russian natural gas is no longer flowing into Latvia, Estonia and Lithuania, he said on Latvian radio, adding that the Baltic market is currently being served by underground reserves in Latvia.

In the wake of the Ukraine war, Baltic states are no longer importing Russian natural gas as they try to wean themselves off of Russian energy sources.

The move comes as Russian President Vladimir Putin has sought to leverage Russia’s status as an energy power.

Russian gas will have to be paid in roubles, Putin warned EU members as the economy was crippled by unprecedented international sanctions.

On Thursday, he announced that existing contracts would be terminated if the payments were not made.

Although the United States banned the import of Russian oil and gas, the European Union, which received about 40 percent of its gas supplies from Russia in 2021, retained its deliveries from Moscow.

Lithuanian president Gitanas Nauseda urged the rest of the EU to follow the Baltic example.

“From this month on – no more Russian gas in Lithuania,” he said on Twitter.

“Years ago my country made decisions that today allow us with no pain to break energy ties with the agressor,” he added.

“If we can do it, the rest of Europe can do it too!”

Check out our other content

Check out other tags:

Most Popular Articles