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Trigger Ukraine War Pushing European countries to cut off Russia’s gas taps in the Old Continent. In addition to the symbolism it represents, the goal is first and foremost to deal a major blow to the Russian economy. The problem is that today, certain countries still seem so dependent on Russian hydrocarbons.
According to some reports, consumption liquified natural gas LNG in Belgium has increased 2.7 times since 2021. In fact, if 5.6% of the gas consumed in Belgium in 2022 came from Russia, this share will increase to 7.6% in 2023. This gas will mainly be transported by ships, directly from the ports of the country headed by Vladimir Putin.
Belgium relies on Russian LNG
The results challenge and tend to question the true wishes of Europeans in this matter. Natural Gas Pipeline And pipelines are indeed shut down (at least, almost all of them), the share of gas delivered by ship seems to be increasing… Especially since Belgian ports are essentially hubs, usually delivering the same gas to Dutch or in Germany.
Faced with this observation, the EU decided to act. In fact, starting from March next year, all ships coming from Russia will be able to unload only at major European ports. Then, the transportation of the same gas from these European ports will be considerably restricted. The aim is to reroute the ships so that they go specifically to Turkey, and not to Europe.
EU sanctions
This is expected to complicate the global trade of Russian gas and could affect the Russian national economy, which is highly dependent on hydrocarbons. However, some problems have arisen, especially in terms of the traceability of such a measure, and Russian liquefied natural gas is likely to become difficult to drain in the vast maze of the European network.
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