Russia is blocking gas coming to Europe via the Yamal gas pipeline, Euronews reported Moscow introduced sanctions against the operator of the pipeline in Poland. Energy prices are rising every week, and with the decision, another supply line has been cut off. Overall, we have to say that the situation has deteriorated to such an extent that the use of gas and oil as weapons has become a reality in several places," said Robert Habeck, Germany's Minister of Economy and Climate Affairs.

Germany - as it is sensitively affected by the shutdown of the Yamal pipeline - condemned the decision of the Russian Gazprom. Poland filed a complaint, because according to them, the stoppage of gas delivery on the Russian side is a breach of contract.

Gazprom also makes a similar claim: according to the Russian energy giant, European countries have made a mistake by not allowing the maintenance of gas pipelines due to sanctions, as well as participation in the life of the companies in which it has invested as a shareholder.

This includes the news that Russia may stop its gas deliveries to Finland on Friday , Iltalehti reported. Citing unnamed sources, the Finnish paper reported the Russian warning, which came hours after Moscow threatened "retaliation" for the Finns' announcement on Thursday that the country is seeking to join NATO.

The report also states that Estonia and Finland have already agreed to jointly lease a floating LNG terminal. According to the plan, Estonia and Finland will both build the necessary piers and rent a floating LNG terminal that could be used on both sides of the Gulf of Finland. The piers will be built in Paldiski in Estonia and Inkoo in Finland. The terminal must be installed in the area this autumn.

The countries jointly pay for the construction of the mooring infrastructure and share the rent of the terminal and the amount of consumption. The plan is implemented with the cooperation of network operators Elering and Gasgrid.

2022 plus:

Where is the EU unity, the much talked about joint oil and gas procurement? A big question is, of course, who will buy the liquefied gas from and for how much? Several people have already calculated that, on the one hand, delivered from the United States, it will be about three times more expensive than the current Russian gas. On the other hand, if the other Western countries also develop their LNG networks and separate themselves from Russian gas, then many people will be in trouble, because the USA cannot produce and transport so much liquefied gas. So the situation could be roughly the same as with the COVID vaccines. Whoever pays more gets the gas. Which will hurt his own population even more...

Source: Hirado/VG

Image: Tradewindsnews.com