A Shutoff of Russian Natural Gas

Abstract

countries to provide additional arms to Ukraine and impose serious sanctions on Russia, including a removal of Russian financial institutions from the SWIFT financial messaging network and bans on Russian seaborne oil exports.1 In response to these sanctions and threats of an energy price cap or tariffs on Russian oil and gas exports, Russia slowed and sometimes stopped natural gas exports to countries of the European Union (EU) and threatened to end them entirely.2 Most recently, the Nord Stream 1 and 2 pipelines appear to have been sabotaged, which has shut down the flow of Russian gas to northern Europe. A continued shutdown would be a potentially serious problem, especially during the winter. Natural gas can’t be easily replaced with other forms of energy, at least for some years. The most economical way to ship natural gas is A Shutoff of Russian Natural Gas