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2014-10-16 21:40:00

EU GAS SHORTAGES

EU GAS SHORTAGES

Bulgaria, Finland and Estonia could suffer major gas shortages if Russia cut off all its gas deliveries for six months, according to a report released Thursday by the European Commission.

The first stress tests for the energy sector mapped out how European gas supplies would be hit if there were a total supply shutdown by Russia.

The EU's energy chief, Günther Oettinger, said that while he didn't anticipate there would be such a dramatic move by Russia, the tests showed the extent to which countries would need to pool their energy resources to avoid shortages, perhaps by sending gas to countries most in need.

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Tags: EU, RUSSIA, GAS, GAZPROM,
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