Following the suspension of Russian natural gas deliveries through Ukraine on
Following the suspension of Russian natural gas deliveries through Ukraine on January 1, concerns arose about whether Europe could meet its energy needs.
While the disruption affects the flow of 15 billion cubic meters of Russian gas—previously delivered to Central Europe and the Balkans via Ukraine’s pipelines—European officials have reassured that measures are in place to address the shortfall.
Europe & Greece’s Dependence on Russian Natural Gas
Europe consumes 330 billion cubic meters of natural gas annually, with 15 billion cubic meters originating from Russia and transiting through Ukraine. Kyiv’s decision to halt Gazprom’s transit services after declining to renew its agreement with Russia marked a significant shift, but Brussels has emphasized that the EU is prepared to fill the gap.
For Greece, the situation is somewhat different, according to an article at OT.gr. The country’s supply chain for Russian gas relies on the TurkStream pipeline, which traverses the Black Sea, passes through Turkey, and reaches Greece via Bulgaria and the National Natural Gas Transmission System at Sidirokastro. Greece also imports smaller quantities of gas through the TAP pipeline, which transports natural gas from Azerbaijan. However, a major component of Greece’s energy strategy is the LNG terminal at Revithoussa.
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