Austria to Traders: Don’t Bank on Russian Gas Transiting Ukraine
- No guarantees Russian pipeline gas will flow, minister says
- Failure is possible even before transit accord ends in 2024
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Austria’s top energy official has a message to natural gas traders: don’t bank on Russian fuel continuing to flow into the European Union via Ukraine.
Traditionally one of the Kremlin’s best and oldest gas customers in central Europe, Austria is redoubling efforts to reduce its reliance on Russia shipments, which still cover more than half the country’s demand. Much of the fuel transits pipelines crossing Ukraine, but that could change quickly, Energy Minister Leonore Gewessler said.